Comments on: TrackSpends – Track your Expense Via SMS

By: ashiq

ashiq — Wed, 27 Jan 2010 11:38:34 +0000

PaisaGate offers very simple solution for all your expense management hassles. People who have experienced Intuit and Arthamoney can have peep into it and give your opinion. For those who are not so internet savvy, they can access it as it is user-friendly. There is no big internet jargons here.

By: ashiq

ashiq — Wed, 27 Jan 2010 11:28:26 +0000

How will you compare Intuit and ArthaMoney ? where do they stand in terms of other service providers in the field of expense management?

By: PaisaGate – Expense Management Solution made for India | Innovation and Entrepreneurship Club,NIT Warangal

Mon, 25 Jan 2010 15:52:36 +0000

[...] TrackSpends – Track your Expense Via SMS [...]

By: Rajat

Rajat — Thu, 14 Jan 2010 17:10:09 +0000

link of the opensource product http://www.letthebucksgrow.com

By: Rajat

Rajat — Thu, 14 Jan 2010 17:09:15 +0000

There is also this opensource product for India.Installs offline and you can export ICICI files to it.New product though, but its free and you are not putting your transactions data online.

By: Manoj

Manoj — Thu, 07 Jan 2010 06:59:59 +0000

Track your mobile by using mobile phone tracking software.
Its locate your mobile location with GPS and without GPS. http://www.mobitrack.in
Mobile tracking is through SMS. One can track mobile With simply Sending ??? through SMS
Its tracks mobile for Employee, Family members, Drivers, Vehicles etc.
It works with GPRS tracking and provides you google map links also.

By: Benji

Benji — Thu, 03 Dec 2009 11:05:38 +0000

This is an excellent tool! Especially if you have a free sms plan its quick, easy and cost effective

By: Himanshu

Himanshu — Wed, 02 Dec 2009 18:34:55 +0000

I have a boring question….Where is the money?

By: Mayank

Mayank — Wed, 02 Dec 2009 17:21:28 +0000

I don’t think using sms to track your expenses is goofing up the idea. You cannot track all your expenses on your computer (forget internet), hence it becomes critical that you track it on your mobile phone. Running an application requires a lot of dependency which sms conveniently ignores. That leaves us with only the price of each sms.

Now with Reliance dropping its sms rates to 1p/sms, it virtually becomes free to update your expenses using mobile phone. With this rate, an average of 5 updates a day will offset you by only 1.50/- a month. And that is a change.

So I guess they are on the right track. The only thing I am not sure of is how they are receiving incoming smses. If it is a physical phone connected over a modem then it will have serious scalability issues.

By: Rajs

Rajs — Wed, 02 Dec 2009 16:56:47 +0000

I recently blogged on TrackEveryCoin @ http://blog.thoughtsinprogress.co.in/2009/11/09/track-every-coin-expense-management/
I personally did not find trackeverycoin exciting. I really like xpenser (xpenser.com) which supports almost any input channel you can think of – including sms, twitter, IM to send your expenses. They even provide API to extend and customize. From what I read here, looks like trackspends is in the absolutely right direction – the sms channel is very important in Indian context.

Rajs

By: Shubh

Shubh — Tue, 01 Dec 2009 19:33:18 +0000

Folks, thanks for your valuable feedback, we have updated the logo and working on UI. Please keep using and keep providing your comments to us.

By: mark

mark — Tue, 01 Dec 2009 18:22:54 +0000

“”pay money (via sms) to manage expense. Neat idea.”"

- Classic example how people goof-up and misunderstand even the simplest of ideas.

By: shabbir

shabbir — Tue, 01 Dec 2009 17:00:18 +0000

pay money (via sms) to manage expense. Neat idea.

By: Jay

Jay — Tue, 01 Dec 2009 11:01:44 +0000

The comment “And frankly, if you are disciplined in managing/tracking expense, you won’t need a personal finance tracker product – these products are meant for people who are not disciplined and feel the pain at the end of month” is silly and absurd.

Those who have used Intuit’s Quicken or TurboTax would immediately appreciate that the whole idea of tracking expenses, bank deposits, withdrawals, etc is to be able to understand where the income went, what are the unnecessary expenses, what needs greater control and, perhaps most importantly, to organize the family finances at tax time.

As lives get more complicated – with two income families, more and more monthly subscriptions, ad hoc purchases, etc etc – even a highly disciplined person needs tools to manage personal finances, just as companies invest in SAP or Oracle to manage their complex world.

By: Kartik

Kartik — Tue, 01 Dec 2009 09:14:44 +0000

Sounds like a cool idea, I will definitely give it a shot

By: Mayank

Mayank — Tue, 01 Dec 2009 07:48:27 +0000

Very nice concept. When the SMS prices drops (Reliance is already advertising 1 p/sms), this could be a handy way to update information in real time.

By: nagota

nagota — Tue, 01 Dec 2009 07:22:53 +0000

I use and like buxfer.. will check this as well.