Concentrating all my credit and financial information into one company does concern me. However, I do want some insight into and options for my finances and financial health, and I know I don't have all the information to do that.
I used YNAB for a bit, and I found it pretty stressful to do all the bookkeeping. I went back to my heuristic budgeting. I don't need to track every penny.
CreditKarma is really helpful for monitoring. I've gotten some good card recommendations from them and my credit score has gone up 60 points with little effort. I did my taxes through them this year (more data for them!), but I was disappointed when my state return was incorrect and I got less money back. Given that my financials are getting more complicated, I'll likely be using an accountant/attorney this year.
Most people, including myself, seem willing to give up their privacy and confidentiality in exchange for convenience. I try to play it as a zero-sum game. I've deleted all my social media accounts, because having that info plus my financials floating around seems like a bad idea. In regard to my financial data, I'll probably freak out in a few years and move all that to a professional to handle.
This whole "social" experiment with tech is, in my eyes, a frightening failure. Given how slipshod the security and data handling is at most companies (including my workplace), it's only a matter of time until there are millions of digital doppelgangers running around committing fraud.
I used YNAB for a bit, and I found it pretty stressful to do all the bookkeeping. I went back to my heuristic budgeting. I don't need to track every penny.
CreditKarma is really helpful for monitoring. I've gotten some good card recommendations from them and my credit score has gone up 60 points with little effort. I did my taxes through them this year (more data for them!), but I was disappointed when my state return was incorrect and I got less money back. Given that my financials are getting more complicated, I'll likely be using an accountant/attorney this year.
Most people, including myself, seem willing to give up their privacy and confidentiality in exchange for convenience. I try to play it as a zero-sum game. I've deleted all my social media accounts, because having that info plus my financials floating around seems like a bad idea. In regard to my financial data, I'll probably freak out in a few years and move all that to a professional to handle.
This whole "social" experiment with tech is, in my eyes, a frightening failure. Given how slipshod the security and data handling is at most companies (including my workplace), it's only a matter of time until there are millions of digital doppelgangers running around committing fraud.