Farewell Wesabe, Thanks For Keeping Our Financial Community Close
Posted on June 30th, 2010
In a review about personal finance management websites, we nicknamed Wesabe the “Good Neighbor” amongst its peers for its emphasis on connecting consumers and creating a community of Wesabeans. Sadly, Wesabe will be discontinuing a majority of its online tools and functions on July 31. From a fellow start-up to another, we respectfully say goodbye and good luck.
Wesabe is a personal finance management website that launched against heavy-hitting competition like Mint.com and HelloWallet. In the beginning, what set Wesabe apart from the crowd were community-oriented features like Wesabe Groups, a forum to ask questions or share experiences with other Wesabeans. Groups, such as the “Buying a House” group or “Don’t Panic” group, were divided into smart and catchy categories so you could join up with like-minded consumers. The silver lining to Wesabe’s exit from the personal finance arena is that one of their customers is acting as guardian angel and agreed to fund Wesabe Groups indefinitely. However, all other services, including the Accounts tab and related personal finance tools, will be shutdown permanently.
When you visit the Wesabe homepage now, there is a graceful goodbye note from CEO Marc Hedlund, acknowledging the reasons for Wesabe’s retirement (a “shoestring budget”) and thoughtful reflections on Wesabe’s work for the last five years. “While many or all of the features of our Accounts tab are now available on other sites, our competitors have either dismissed the value of community, or have not been able to create a community as rich as Wesabe Groups, so I’m very happy we are able to keep that part of the service going.” This is exactly what caught our eye about Wesabe, so cheers for its continuation.
For more technical details on security and what will happen to user data, check out Wesabe blog’s FAQ on the retirement. Otherwise, hats off to Wesabe, a great player in the personal finance space that helped remind us of the need for community, even in our financial lives. Thanks, Wesabe.
Filed under Frugality & Budgeting, HelloWallet, Reviews, Saving & Investing, budgeting, financial website, mint, money management websites, personal finance management websites, saving, wesabe | No Comments »
Be Flexible In The Shifting Short Sale Industry
Posted on June 30th, 2010
Good morning! You are viewing shortsalepowerhour.com. As you might by now be aware, today is mindset Monday. Today is all about mindset and the subject is something that Fred talked about in the monthly coaching call last week. If you are not a part of the monthly coaching calls yet, you need to get signed up for them. It is the best place to ask questions and get answers. Also, you will get our aid and our opinion without holding back. Quite truthfully, we have to hold back our real opinions on shortsalepowerhour.com so that we do not get into trouble.
So, the topic we spoke about was being flexible. What do i imply by that? In short sale dealings and in life, you have to be variable and roll with the punches. A very sensible man has a flexible reality. The reason we say that is because stuff is continuously shifting.
If you aren’t flexible enough to adapt to the shift in the short sale industry and day to day stuff that constantly change you will struggle. We are not necessarily talking about the new rules. Nevertheless, we are referring to the flexibility of dealing with hassles and falsehood that the lender might tell you. For instance, one moment the negotiator tells you that she will submit the folder for approval on Friday and the next moment she requests that you get rid of the fee off the HUD because the investor requested it. You have to be flexible enough to comprehend that not everything you hear is always going to be the truth. As a matter of fact, you should maybe trust no one and validate everything from the lender. Whatever was factual yesterday, might not be the case today.
When the you get used to the dealing with a specific bank and then someone throws you a curveball, you need to realize that the bank did not alter its policy over night. Chances are that somebody at the bank is not giving you the entire story.
Be flexible enough to verify everything or be flexible enough to put a specific matter aside to work on it again tomorrow. You might discover that tomorrow, everything is back to normal.
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