The Problem with Personal Financial Management Tools

Date: Oct 16 2012

Filed under: Personal Finance

Mint.com

Richard Eisenberg

You’d think that the Internet and mobile apps would be fantastic ways to help people manage their money. So why do so few of us in our 50s and 60s take advantage of personal financial management online and mobile tools from banks, credit unions and tech companies?

Only 16 percent of boomers use these types of tools (compared with 44 percent of Gen Yers), according to a new survey of 1,115 consumers by Aite Group, a financial services research and advisory firm. Half of the…

The Problem with Personal Financial Management Tools originally appeared on DailyFinance.com on 2012-10-16T10:50:00Z.

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