New free money management site Payoff.com, just launched in June, aims to help you fund your dreams, be they to travel the world, remodel your home, start a business or anything else you have your heart set on.
Payoff.com adds a social media component to money management – you can share your financial dreams, accomplishments and advice with other members of the community. Users keep each other motivated as they work to meet their financial objectives.
The site also seeks to introduce a bit of fun into the serious business of debt reduction and savings – you can win badges and cash prizes as you meet goals and save more money. Other users see your progress and offer encouragement and praise.
All your bank and credit card accounts can be linked to your Payoff account so you can easily get an accurate picture of your financial situation. You can also track your spending by brand (e.g. Starbucks) so you can quickly see any areas that need cutting back on.
Payoff.com also offers recommendations for hundreds of debt reduction and money management tools.
