Personal Capital’s New Referral Program: $20 to Share a Fantastic App

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!

Personal Capital

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.


Did you like this article, check out some of our others:

How to invest with your HSA (Health Savings Account)

How to Save Money Commuting to Work

The Why of FI – Getting started with Financial Independence


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11 thoughts on “Personal Capital’s New Referral Program: $20 to Share a Fantastic App

  1. This is a pretty cool promo they are running. It definitely instills a degree of confidence, knowing that you’ve been a Personal Capital member for four years. I’ve been looking into different ways to start investing, but I haven’t really thought about the easiest way to track that information. This may be a good idea after all 🙂 Thanks for sharing!

  2. Thanks for writing this. I had no idea that there were services like this out on the cloud. I guess I am naive like that because I still use software on my home computer. Tracking my finances is key because I do spend way too much on entertainment and such. Who said “lap dances”! Anyway, this is insightful. How fast do you get the Amazon gift card?

  3. I’m impressed with Personal Capital’s promotion to share their free program for tracking your personal finances with someone you know. As you mention, $20 to you & $20 to them is a win-win. I always prefer to read a blog from somebody like yourself who has personal experience in recommending a downloadable program for tracking investments and like you say, they deliver on security which is key.
    Thanks for the freebie, all the best,

  4. It is really cool but I have a question: Is this work if you live in US or Canada? please tell me to know that could be great if anyone can get that even if you live in other country please tell me. Great post

  5. Hi Dave, thanks for sharing this! It looks very interesting and I wouldn’t complain about an extra $20 in my pocket. Not only that, but I’ve also been looking for an app that can help me keep track of my finances, so this could be what I need.

    As I like in the UK, do you know if this app is available outside the US?


  6. There is actually a great quote by Brendon Burchard that goes something like this: “If you leave your life to randomness, you are stealing from your awesomeness.”
    I do think that it fits perfectly with the idea of not planning your budget and finances and then expecting great things or something good to come out of it.

    In truth, I had no idea programs like this exist. And I totally agree with the fact that, it’s much safer to have your info on such a cloud than in your own PC. Many people believe otherwise as we’re so used to thinking that what’s next to me, that’s at its safest. But in the digital era like the one we’re living in, nothing’s further from the truth!

    Thank you for the article, I’ll totally look into the Personal Capital!
    Cheers and have a Great One!

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