Yodlee's Guide To Financial Success In 2010

REDWOOD CITY, Calif., Dec. 17 /PRNewswire/ -- Experts at Yodlee ®, Inc., the leading provider of online and mobile personal finance management (PFM) and payments solutions, have teamed up with partners VestMatch, Excite Financial, GoalSpring and Less Accounting to offer advice on making 2010 a financial success.

These tips, geared towards consumers and small business owners, are offered to lessen the stress from organizing personal finances for the year ahead. They include:

• Analyze monthly expenses with a firm eye -- It's easy to let the holiday spending mindset carry over into the new year– which can lead to a budgeting disaster.  Yodlee MoneyCenter ( moneycenter.yodlee.com) a free, do-it-yourself way to monitor expenses, pay bills and measure net worth, is a complete, centralized tool to manage overall finances efficiently and securely. It provides intelligent tracking capabilities, showing users how and where their money is being spent, and sending mobile and email reminders for paying upcoming bills.

• Get by with a little help from your friends -- Collaborative investing means individuals, families and groups have a way to save together to meet a common financial goal. VestMatch ( vestmatch.com) provides online tools to reach these goals faster and more efficiently. In minutes VestMatch's tools create a financial plan and invite others to help reach that goal – whether with close friends or philanthropic strangers from around the globe.

• Harness the power of community -- This financial crisis has left many consumers scared and angry, unsure of where to put their trust . Excite Financial ( excitefinancial.com) has created a community so consumers can educate themselves and each other with easy-to-use financial tools, personal advisors and community support. The company's advanced blogs, wikis, and social networking, combined with a strong community focus, help people face and overcome personal financial challenges.

• Get ahead by organizing your debt -- Two-thirds of borrowers who set a goal to get out off debt never create an actionable plan, simply because they lack the expertise and simple tools to help them manage it. Goal Spring's DebtGoal ( debtgoal.com) is the first do-it-yourself debt reduction program that assists members in their efforts to get organized by creating attainable plans, and more importantly stay motivated throughout the process. Research shows that the average family following the DebtGoal plan will save $20-50K in interest costs and get out of debt eight years sooner. 

• Streamline your accounting process -- An antidote to complicated accounting software, Less Accounting ( lessaccounting.com) has developed a Web application complete with tools to best manage small business money flow. It provides online invoicing, data-entry free expense tracking, business proposal development tools, mileage tracking capabilities, importing and reporting. 

For more information on Yodlee or Yodlee MoneyCenter, please log on to yodlee.com.

About Yodlee

Leading financial institutions trust Yodlee to power critical online financial applications. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure source for consumers to manage all of their financial tasks anytime, anywhere. Yodlee makes financial institutions' websites essential to their customers and generates new revenue opportunities. Yodlee's patented data, payments and risk management utility supports more than 12,000 account sources and over 100,000 different account types. More than 100 leading financial institutions and portals today offer Yodlee-powered solutions to millions of customers worldwide. Yodlee operates in the United States and Europe and is headquartered in Redwood City, California. For more information, log on to yodlee.com.

Yodlee is a registered trademark of Yodlee, Inc.  Yodlee MoneyCenter is a trademark of Yodlee, Inc. All other products and services mentioned are the property of their respective owners.

SOURCE Yodlee, Inc.

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