The Story of Spending Profile

WHERE DOES YOUR MONEY GO? What a difficult question to answer! At around this time last year, I certainly didn’t know where my money was going. In fact, I suddenly realized I had no idea how much I spent each month, let alone where I spent it.

This, I decided, was not acceptable. How could I plan for my future and plan my investments when I didn’t even know what I could afford on a day-to-day basis?

This was the origin of SpendingProfile.com. Being a computer science graduate, I decided to create a website to track my finances exactly how I wanted to see them. It had to be fast, extremely easy to use, and it had to be online so that I could use it from anywhere, anytime.

With a lot of hard work, the site was finally ready, and I excitedly began to use it. The results surpassed even my expectations. I could suddenly see everything at a glance. I knew precisely how much money I spent each month, and I could see the breakdown of exactly where it went. This new knowledge brought a feeling of relief and confidence in my finances that I had never had before. The best thing was knowing that I would never again have to guess if I could afford something or not.

Soon, my family and friends were asking for accounts. They urged me to open up the site to the public so that others could also benefit from it. And that is what I have done. Now, a year later, the website is open to everyone. Anyone can visit www.SpendingProfile.com and begin building their spending profile.

I am currently looking for ways to promote the site and gain more visibility for it, both online and off. If you have suggestions, please contact me at lisa@spendingprofile.com. Here are some ideas to start off:

  • Links from other websites
  • Post on financial blogs and forums
  • Ask to be reviewed by … who? bloggers, journalists, other?
  • Get published in newsletters (so far two financial advisors have included me in their newsletter)
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