Today we rolled out a major release which includes some very cool new features and improvements to the site.
Taking center stage is the ability to set spending targets and measure your progress throughout the month aka “Budgets”. Personally I think budgeting is incredibly painful and something I’ve never been very good at. Too much of buy now pay later type of guy…but that’s another story. Nonetheless its important to know where your money goes and at the very least you should know if you’re spending to much (or too little) on something like “Dining Out”.
So…keeping our low tolerance for hard core budgeting (yawn) in mind we set out to create a “better way”. We knew that when we built our budgeting features we would have to do it right…do it simple, make it easy and fun. That’s the Geezeo way. That’s how we roll.
We think we nailed it
Some of the new features now give our users the ability to…
Set spending “Targets” using tags associated with your transactions. So lets say you currently spend an average of $300 per month on “dining out” but think you should really be spending about $200. Using Targets its easy to set a target that gives you a great “at a glance” look at your progress.

-Drill in to each spending target to see how your spending changes each month. Are you spending more on Gas or Less? Chances are you’re spending more on gas these days
-See how one spending target compares to your other expenses. Does it make sense that you spend more on “Coffee” then “Groceries”?

So check out the budgeting section of the site, set some targets and let us know what you think…we’ll be making a few tweaks to this feature over the next week or so.
Other noteworthy improvements to the site include
-A new home page! Yessss its shiny, it’s got big buttons and a really cool piggy bank. I think we found a mascot

-Invite your friends feature. So all you loyal Geezeo users out there will be able to share the love with your friends. Thanks in advance. Geezeo <3 Users
-New Live Chat. Meebo was cool but didn't quite satisfy our needs. We're now using Campfire from the boys at 37signals which will allow for group chat and better real time support.
-The Groups section of Geezeo now has categorization to make it easier for you to find the groups you might want to participate in. Chek em out!

A couple more features we have on the short term horizon…
-
-text/sms your Geezeo account to see how much money you have left for a specific target. About to buy a pair of shoes..see how much you have left in your “Clothing” budget
-Email and text alerts on account activity
So more good stuff on the way. Please keep the feedback coming and we’ll help you keep the “Geez” in your pocket!

November 14th, 2007 at 11:16 pm
nice typo.
November 15th, 2007 at 8:27 am
Thanks Tom…fixed
November 27th, 2007 at 10:49 am
I cannot create a budget under my account, WHY?
November 28th, 2007 at 8:43 am
Hey Liam, Can you submit a support request at geezeo.com/support Thanks, Pete
November 28th, 2007 at 1:34 pm
Will do Pete. I titled it: “Creating Budgets.”
Thanks
December 5th, 2007 at 9:54 am
Peter,
I the sample budget does not dissappear and I am using Internet Explorer.
December 5th, 2007 at 2:06 pm
[...] how to add spending targets? It’s [...]
December 14th, 2007 at 12:06 pm
[...] AND fits into our criteria: 1 – Gifts that can fit into almost any budget (remember, you can set your holiday budget here!) 2 – Gifts that you can get without getting in your car (remember: we dislike parking lots) 3 [...]
December 27th, 2007 at 12:45 pm
[...] launched a new feature today that makes it easy to check how much money you have left in a specific budget category using text/sms on your mobile [...]
February 10th, 2008 at 11:10 pm
[...] a reminder about a really cool feature Geezeo has when it comes to managing a budget. Did you know that you can use your mobile phone to check your budget progress by sending your [...]