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Money: A User’s Guide

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BackgroundBankingwith MoneyA background bankingaccount in Money is onewhere Money connects di-rectly to the bank via theInternet, sends an ID andPassword for you and thenissues instructions on yourbehalf for the tasks you wantto perform such as down-loading a statement, payinga bill and so on.

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If Money finds investmentdata on MSN Money that be-longs to your Passport, thenMoney will give you two op-tions. Keeping Track of Your CashThere are a number of ways in which you can keep trackof how you spend your cash. Review RegularlyWith the tools provided by Money for keeping an eye oninvestments that interest you, it is wise to review yourinvestments regularly.Therefore, you should reviewyour plan every 3 months, orwhen something happensthat could affect yourfinancial picture, such aschanging your career oranother major event such ashaving children. This section also demonstrates how to set up recurringtransactions like transfers that happen each month or billsdue at regular times whether it be once a month, once aquarter or once a year.

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Note that to take advantage of thefeatures in MSN Money, your computer will need to connectto the Internet.You may therefore be able to obtain a higher rate andeffectively have a maximum of three months to wait forsome of your savings.

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