{"id":2866,"date":"2022-01-09T21:39:37","date_gmt":"2022-01-09T21:39:37","guid":{"rendered":"https:\/\/moneymakersandsavers.com\/?p=2866"},"modified":"2022-01-09T21:41:05","modified_gmt":"2022-01-09T21:41:05","slug":"personal-capital","status":"publish","type":"post","link":"https:\/\/moneymakersandsavers.com\/personal-capital\/","title":{"rendered":"How To Make A Budget And Save With Personal Capital!"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_55 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-661e0495642d7\"><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #4ff74c;color:#4ff74c\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #4ff74c;color:#4ff74c\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-661e0495642d7\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/moneymakersandsavers.com\/personal-capital\/#What_is_Personal_Capital\" title=\" What is Personal Capital? \"> What is Personal Capital? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/moneymakersandsavers.com\/personal-capital\/#How_To_Create_A_Budget_Using_Personal_Capital\" title=\"How To Create A Budget Using Personal Capital!\">How To Create A Budget Using Personal Capital!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/moneymakersandsavers.com\/personal-capital\/#How_To_Manage_Your_Investments_With_Personal_Capital\" title=\"How To Manage Your Investments With Personal Capital!\">How To Manage Your Investments With Personal Capital!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/moneymakersandsavers.com\/personal-capital\/#Banking_With_Personal_Capital_Cash\" title=\"Banking With Personal Capital Cash!\">Banking With Personal Capital Cash!<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Personal_Capital\"><\/span> <strong>What is Personal Capital?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"http:\/\/personalcapital.com\" target=\"_blank\">Personal Capital<\/a> is an app similar to the <a href=\"https:\/\/moneymakersandsavers.com\/mint-com\/\">Mint.com <\/a>app that allows you to do things like setting up a budget for yourself and track your expenses and investments. Other than the budgeting and expense tracking tools that Personal Capital offers they also provide their own <a rel=\"noreferrer noopener\" href=\"https:\/\/www.personalcapital.com\/cash\" target=\"_blank\">checking account<\/a> that you can use, <a href=\"https:\/\/www.personalcapital.com\/wealth-management\" target=\"_blank\" rel=\"noreferrer noopener\">wealth management services<\/a>, and other financial tools like retirement planning, fee analyzer for your investments, and education cost planning.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-539x1024.jpg\" alt=\"personal-capital\" class=\"wp-image-2867\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-104350_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_To_Create_A_Budget_Using_Personal_Capital\"><\/span>How To Create A Budget Using Personal Capital!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>In the &#8220;Budgeting&#8221; section of the Personal Capital app, you can set your own monthly budget to see if your expenses ever go over the amount you&#8217;re supposed to be spending. There are several sections where you can see all of your spending. In the &#8220;All Spending&#8221; section you can see everything and in several others like education, entertainment, online services, and etc. you can see how much you&#8217;ve been spending on individual categories.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-539x1024.jpg\" alt=\"personal-capital-2\" class=\"wp-image-2872\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140221_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>The &#8220;Cash Flow&#8221; section of the app also gives you a clearer insight into how you&#8217;re spending vs. your total income. You  can also track all the assets you hold in linked accounts in the &#8220;Net Worth&#8221; part of the app.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-539x1024.jpg\" alt=\"personal-capital-3\" class=\"wp-image-2876\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-140903_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-539x1024.jpg\" alt=\"personal-capital-5\" class=\"wp-image-2875\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-142017_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_To_Manage_Your_Investments_With_Personal_Capital\"><\/span>How To Manage Your Investments With Personal Capital!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>If you want to keep track of all your assets in one place you can in the &#8220;Holdings&#8221; section of the app. In here you can look at every single holding in all of your linked accounts is doing in the market on a day-to-day basis. You can even check and see how well your holdings are doing compared to popular ETFs like the S&amp;P 500, VTI, VEU, and AGG.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-539x1024.jpg\" alt=\"personal-capital-6\" class=\"wp-image-2884\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-143634_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>You can also go to the &#8220;Investment Checkup&#8221; part of the app in order to see if there might be any noticeable issues with your Investments like if you have a particularly high allocation of some stocks or if you&#8217;re paying a significant amount in fees in one or more of your investments. If you&#8217;re one of their private clients then you can schedule a call with an investment advisor in order to talk with them about any issues you might have with your investments.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"1024\" src=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-539x1024.jpg\" alt=\"personal-capital-7\" class=\"wp-image-2887\" srcset=\"https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-539x1024.jpg 539w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-158x300.jpg 158w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-768x1458.jpg 768w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-809x1536.jpg 809w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital-1078x2048.jpg 1078w, https:\/\/moneymakersandsavers.com\/wp-content\/uploads\/2021\/08\/Screenshot_20210815-150523_Personal-Capital.jpg 1080w\" sizes=\"(max-width: 539px) 100vw, 539px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>While the Personal Capital app with its budgeting and financial tracking tools are completely free for everyone, if you have at least a million dollars in assets Personal Capital will manage them for you for a fee.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>First $1M<\/td><td>0.89%<\/td><\/tr><tr><td>First $3M<\/td><td>0.79%<\/td><\/tr><tr><td>Next $2M<\/td><td>0.69%<\/td><\/tr><tr><td>Next $5M<\/td><td>0.59%<\/td><\/tr><tr><td>Over $10M<\/td><td>0.49%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Banking_With_Personal_Capital_Cash\"><\/span>Banking With Personal Capital Cash!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Like I mentioned earlier, another service that Personal Capital offers is its own <a rel=\"noreferrer noopener\" href=\"https:\/\/www.personalcapital.com\/cash\" target=\"_blank\">checking account<\/a>. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Some of the benefits that you get when banking with Personal Capital are:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>Joint accounts<\/li><li>For large withdrawals, wire up to $1M<sup>2<\/sup>&nbsp;with no fees<\/li><li>Set up direct deposit for your paychecks<\/li><li>Link to your checking for monthly bills<\/li><li>Unlimited number of monthly transfers<\/li><li>Withdraw up to $100K<sup>2<\/sup>&nbsp;per day<\/li><li>No minimum balance fees<\/li><li>Your account is FDIC insured up to $1.5 million dollars<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Unfortunately, you will only earn 0.05% in interest on your account when you bank with them. You could earn up to 0.10% in interest if you became one of their clients and they managed a lot of money for you. Therefore, while the Personal Capital app is an excellent service for its budgeting and investment management tools I can&#8217;t recommend banking with them when there are better options like <a href=\"https:\/\/moneymakersandsavers.com\/banking-investment-account-sofi\/\">Sofi<\/a>, <a href=\"https:\/\/moneymakersandsavers.com\/chime-the-bank-that-pays-you-2-days-ahead-of-payday\/\">Chime<\/a>, <a href=\"https:\/\/moneymakersandsavers.com\/ally-com-the-online-bank-that-doesnt-charge-any-overdraft-fees\/\">Ally<\/a>, and many others that offer higher interest rates, less fees, and more convenience.  <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Disclaimer: I am not any sort of investment or financial professional giving any sort of legal advice. I\u2019m just some guy trying to teach other people about how they might navigate the financial world.<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n<form role=\"search\" method=\"get\" action=\"https:\/\/moneymakersandsavers.com\/\" class=\"wp-block-search__button-outside wp-block-search__text-button wp-block-search\"    ><label class=\"wp-block-search__label\" for=\"wp-block-search__input-1\" >Search<\/label><div class=\"wp-block-search__inside-wrapper \" ><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required \/><button aria-label=\"Search\" class=\"wp-block-search__button wp-element-button\" type=\"submit\" >Search<\/button><\/div><\/form>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Personal Capital? Personal Capital is an app similar to the Mint.com app that allows you to do things like setting up a budget for yourself and track your expenses and investments. Other than the budgeting and expense tracking tools that Personal Capital offers they also provide their own checking account that you can&#8230;<\/p>\n","protected":false},"author":159998696,"featured_media":2889,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1369],"tags":[1393,1541,1540],"_links":{"self":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts\/2866"}],"collection":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/users\/159998696"}],"replies":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/comments?post=2866"}],"version-history":[{"count":0,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/posts\/2866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/media\/2889"}],"wp:attachment":[{"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/media?parent=2866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/categories?post=2866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneymakersandsavers.com\/wp-json\/wp\/v2\/tags?post=2866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}