News & Reviews
January 2009
‘Wesabe’s latest new feature, a Cutback Tool, performs some simple analysis across imported transactions to pick out monthly fees such as gym memberships or bank fees. This is a brilliant feature that I must personally thank for helping me to track down a monthly $11.99 subscription to Emusic.com that I don't remember agreeing to.’
Ars Technica – Wesabe Helps You Pinch Pennies, Avoid Bank Fees
December 2008
‘Why not try something new in 2009? Join Wesabe! You’ll get the support of others also seeking to improve their financial positions.’
December 2008
In a review of eight online finance sites, Wesabe won Web User’s Gold Award. ‘Wesabe is a free and very friendly service which offers a wealth of fantastic features for managing your finances.’
November 2008
‘At Wesabe, a social–networking site that also lets users track their finances, traffic has more than doubled in the last four months, Chief Executive Marc Hedlund says. “I do think that people are very motivated to make changes right now,” he says. “People are cutting back on discretionary things left and right.”’
USA Today – Economic Downturn Has More Folks Stashing Their Cash
November 2008
‘Online money management service Wesabe and the UK newspaper giant The Telegraph have entered a partnership to offer co–branded tools on the Telegraph website. It’s a daring move, we can’t help but admire it.’
ReadWriteWeb – Would You Manage Your Money Through The Newspaper?
October 2008
‘Behind the scenes the service is sifting through its members’ anonymised data to find patterns and to offer recommendations for future transactions based, for instance, on how much a particular customer regularly spends in a supermarket.’
October 2008
‘With the economy tightening, people are cutting back across the board. Marc Hedlund of Wesabe.com offered three ideas for things we can all do right now to prepare for tougher times ahead.’
October 2008
‘In this difficult economic climate, many people wish they had a financial advisor to help them get through it. Well, there’s a website that promises 100,000 financial advisors, at your service 24/7.’
October 2008
‘Use peer pressure to do good. Sign on at wesabe.com, a supersafe, international–financial–support community that allows users to provide feedback to others on saving and spending wisely.’
September 2008
‘When Marc Hedlund and Jason Knight founded Wesabe, they knew there would be concerns about security and other issues. Hedlund thought it might help if people could talk directly to the CEO to be reassured about the site’s safety and purpose.’
August 2008
‘Previously mentioned Web–based finance management application Wesabe just incorporated a neat new trick: adding transactions to your account via Twitter messages. If entering your receipts every time you get home is a drag, working this way could prove a real boon.’
Lifehacker – Wesabe Lets You Update Your Finances Using Twitter
August 2008
Wesabe CEO Marc Hedlund serves as a “money expert” for the premier of CNBC’s personal finance program, On The Money.
August 2008
‘Wesabe.com, another popular budgeting site, helps users track spending and set financial goals. Its user forums are some of the best on the Web.’
July 2008
‘If Chuck Norris were a personal finance tool, he’d be Wesabe!’
July 2008
‘Peruse the Groups section to chat with others about debt, savings, and money management. One discussion group recommends not getting a WaMu credit card; another provides the Wesabe community with tips on paying off a car loan.’
June 2008
‘Find and plug your spending leaks — the money that seems to simply disappear every month — by scouring your credit– and debit–card statements or by signing up for free online programs that can track and chart spending, such as Wesabe.com.’
June 2008
‘Wesabe’s advantage: Overwhelmed? Click on “I'm freaking out” and a slideshow of kittens pops up.’
May 2008
‘The people running the site appear to have the right priorities, they’re taking care to listen to users and, if enough people add their brainpower to it, it could become a powerful tool for optimizing not just your financial services but your daily spending.’
April 2008
‘Wesabe has just launched its “Tips” tab – a service that automatically recommends competitors of the places you presently shop at, based on superior feedback, repeat visits and lower average spends by other Wesabe users.’
April 2008
‘You can skip balancing your checkbook now – Wesabe organizes all your account transactions in a single place, translates “bankspeak” into human-friendly transaction descriptions, charts a birds-eye view of where your money’s going, and puts its community of users to work to help you save money and reach your financial goals.’
March 2008
‘You can check your actual spending against your budgeted spending whenever you want, without having to save scraps of paper and enter the information by hand.’
March 2008
‘It’s called financial social networking, and it’s free. Once you upload your data to a site, that information is shared (anonymously) with thousands of regular folks who have similar interests and spending habits. Everyone passes along tips on saving, investing and spending.’
February 2008
‘If Wesabe were a person, I’d be seriously smitten.’
February 2008
‘[CEO Jason] Knight’s unusual openness has helped Wesabe clear the first hurdle of reassuring wary users.’
January 2008
‘ A good way to increase your wealth is to limit your spending. How? Well, you could start by tracking your expenditures. That’s easier said than done. But Wesabe can help.’
December 2007
‘I stayed with Wesabe because I love their mission, community, and their desire to continually improve the site. I am confident in their privacy policy, believe they will protect my data, and like that I can take my data with me if I want.’
December 2007
‘You’ll profit with personally targeted money tips from Wesabe’s users.’
November 2007
‘Someone will offer advice and you can comment on it. It was helpful. It is like the wisdom of crowds.’
Michelle Singletary on NPR – Color of Money: Online Financial Consultants
November 2007
‘I am most impressed with Wesabe’s allowing me to choose how much I want to trust them.’
Center Networks – Conversation with Financial Startup Wesabe Co-Founder Marc Hedlund
November 2007
‘We like the site’s ease of use and emphasis on security.’
Kiplinger’s Personal Finance – Best of Everything 2007: Wesabe Named Best Free Budgeting Web Site
October 12, 2007
‘(Wesabe) is the high-tech way to keep track of your money while learning how to save.’
CBS13 Sacramento – Save With Dave: Wesabe.com Teaches You How To Save
October 2007
‘(Wesabe) not only aggregates your personal-finance information and allows you to easily track your spending but offers a virtual shoulder to support you.’
October 2007
‘Extremely helpful … a dot-com success story for 2008.’
Esquire Magazine – No. 65: Wesabe.com, the Wikipedia of Your Bank Account
September 30, 2007
‘You can form or join groups and discuss ways to wipe out debt, buy a new car or scrape together a down payment for a house.’
Chicago Tribune – Three free software tools for managing finances
September 20, 2007
‘Wesabe has a whole community of people sharing tips and suggestions for managing your money… I plan to stick with it.’
Wired Blog – Mint: New Personal Finance Site Competes With Wesabe
September 19, 2007
‘At www.wesabe.com, an online budgeting site, you can create your own tags that let you see how you spend your money.’
September 19, 2007
‘It’s a great site because they are very, very, safe. I know that’s a concern when you’re dealing with your finances.’
CNN Headline News
September 2007
‘Several free Web sites offer an easy way to keep tabs in one place on all your expenses. Wesabe is our favorite.’
September 2007
‘The Web-based Wesabe combines money management with social networking’
August 28, 2007
‘(Wesabe) can do some of the things that a human financial adviser might, such as recommending to a customer a different car-repair shop if other customers in the same area are using a cheaper one.’
August 12, 2007
‘Wesabe automatically furnishes you with tips that are directly related to your purchases.’
Today/MSNBC – Takes An (Online) Community To Control Finances
August 5, 2007
‘On Wesabe, clicking a transaction tells a user how much other people spent at a store, lets them know where fans of the store tend to spend money, and exchange relevant tips linked to transactions.’
August 2, 2007
‘Wesabe helps you pinpoint areas you could improve, and lets you get feedback from other Wesabe users, all while protecting your passwords, identity and other sensitive information.’
July 26, 2007
‘Wesabe is brilliant.’
Open Source CU – Wesabe Makes Your Online Banking Interface Look Like a Baby-Hating Seal-Clubber
July 25, 2007
‘If you’re willing to give it a try, it’s becoming a really impressive tool for managing your financial data.’
July 23, 2007
‘At Wesabe (Spanglish for “we know”), members can chat about shared goals like saving for a car and learn whether they are spending more or less than average on groceries, clothes or beer.’
July 14, 2007
‘The best of the bunch is wesabe.com, which uses your spending history and favorite merchants to generate money-saving tips from other users or “Wesabeans” who have similar habits.’
July 12, 2007
‘Wesabe can slurp in data from banks and credit cards all over the world [and] the API allows you to manipulate financial data from hundreds of banks.’
July 12, 2007
‘The key for Wesabe is that they have turned that data over to consumers, and redress the balance of information power that has existed. Banks know everything about consumers, and not vice versa.’
July 12, 2007
‘Wesabe harnesses the power of the web community to make dealing with personal finances more insightful and less painful.’
American Venture Magazine – Transparency And Trust: Building An Open Business
June 25, 2007
‘Wesabe puts data front and center. Users download data from their checking accounts and credit cards and upload it to Wesabe.’
The New York Times – Sharing Your Intimate Information Online
June 14, 2007
‘User’s data is private… at Wesabe, users download a software program onto their computer and then enter their passwords. The program then pulls their data from the banks to users’ computers, and then uploads it to Wesabe’s computers.’
May 18, 2007
‘If you run across an obviously unfair bank practice, don’t keep it to yourself. Wachovia’s practice of “potential” overdrafts was highlighted on Wesabe.com.’
May 16, 2007
‘Gen Xers are technologically savvy and unafraid to talk about financial problems, says Marc Hedlund of Wesabe, a social networking/financial planning website that’s attracting users in their 20s and 30s.’
April 23, 2007
‘Wesabe, an online personal finance application, has come up with a compelling new offering by rethinking what people really want from their personal accounting system.’
February 28, 2007
‘Wesabe has a maniacal obsession with security and privacy.’
January 3, 2007
‘Wesabe’s community aspect and tagging features alone blow the bloated Quicken and Microsoft Money out of the water.’
Lifehacker – Geek to Live: Six webapps to help keep your New Year’s resolutions
December 2, 2006
‘Wesabe is different to me in that it is re-defining financial advice and references in a banking context.’
The Bankwatch – Open Source Banking - why Wesabe is the best example of the new breed
November 29, 2006
‘Wesabe is a great concept – a 43 Things for your money.’
November 22, 2006
‘The thing that’s cool about Wesabe is that these community tips pop up when you’re looking at your own data, so they’re highly relevant, and you won’t see a bunch of random tips that don’t apply to you.’
November 20, 2006
‘Wesabe takes a group approach to finances, and is catching on in the blogosphere.’
November 20, 2006
‘Wesabe is trying to take public the parts of personal finance that can collectively help people make better decisions.’
November 18, 2006
‘A fantastic new tool for those who want to track their spending.’
November 17, 2006
‘Wesabe’s a damned cool idea.’
November 17, 2006
‘I was prepared for Wesabe to bore me out of my skull and not much more. But as it turns out, I’m a huge fan of Wesabe.’
November 17, 2006
‘It didn’t take long for me to fall in love with Wesabe… the accounting section of the app is truly killer and helping me finally get a handle on my spending.’
November 16, 2006
‘Wesabe packs in a lot of punch for those inclined to thriftiness.’
November 8, 2006
‘Marc Hedlund presented his company’s “Data Bill of Rights,” which includes the right to export or delete your data, as well as the assurance that your data is yours and private.’