Today’s post was going to be about something entirely different. But all that changed when I check my email after coming home. Personal Capital is offering an amazing promotion that cannot be passed up. I am such a huge Personal Capital fan that I immediately postponed my other article and decided to write this one instead. Click the image to check out this promotion:
What this means is that you get to share a free program with someone you know, then you make $20 and they make $20. This is one of the best win-win promotions I’ve ever seen! Like the image says, this offer is only valid for new customers who link a qualified investment account. But if you do have this – you can make extra cash!
I have been using Personal Capital myself for about 4 years at this point. It’s a great program for tracking your personal finances. Things like income, expenses, bills, debts, mortgages, investments, etc. All of those things. Tied into one interface so you can actively track your progress.
And it’s free. (actually you get paid to download it)
If that isn’t a great deal, I’m not sure what is.
How does Personal Capital work?
I could spend a bunch of time trying to explain to you via text on how this fantastic program works but here is a YouTube video that would probably do a much better job:
Is Personal Capital safe?
Like I said earlier, I have been using Personal Capital for 4 years at this point without an issue.
Some people can be nervous about putting their information into “the cloud”. Fortunately, Personal Capital is way ahead of anyone trying to steal your information. They use two ways to keep your data safe: powerful encryption tools and strict internal access controls. Here is the excerpt from an article that I’m referencing:
“When you enter your bank credentials into Personal Capital, they encrypt it with AES-256 with multi-layer key management, which includes rotating user-specific keys and salts. AES-256 is the Advanced Encryption Standard (AES) and is the gold standard as determined by NIST, the United States National Institute of Standards and Technology. 256 refers to the length of the key used and 256-bits is the longest. It is also the same encryption used by the US Government.” Topic/Idea 4
Basically, your back information is more secure with Personal Capital than it would be on your own computer/phone/tablet.
Not only is it safe but..
One of my favorite features about Personal Capital is fraud protection. Once you link up your accounts, there is a daily check that is performed to see if anything is odd or suspicious. Personal Capital is more likely to catch it than you would.
The other great thing is that there is no direct access to your money through Personal Capital. Personal Capital acts like a window into an account. It has no ability to do anything other than look.
The benefits of automatic financial tracking
Most people avoid the topic of personal finance like the plague. They don’t want to deal with it. People like their standard of living, habits and what they choose to spend their money on. Not only that, but tracking finances takes work! You need to actively go through each account, write everything down and do the math and repeat. Why not have computers do what they do best and track all of that stuff for you.
If you are trying to save towards some large goal such as moving out, a wedding, buying a house, buying investments – it is important to track how you are doing towards these goals. If you don’t track you don’t improve. No one wants to be financially stagnant and stuck in a job they don’t like because they have no other options.
Improve your financial life and make $20 on top of it
Personal Capital is a dynamite program that really ties your financial life together. It is safe, free and easy to use. To me, this is a no-brainer decision. The $20 promotion is only a bonus feature. If you’re still on the fence, message me directly and I will be happy to discuss it with you.
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