HelloWallet, an online personal financial management (OFM/PFM) provider that launched in March, sent customers an email today (second screenshot below) announcing several product enhancements including:
- To-Do List: Added to the dashboard to help you keep track of upcoming bills, goal progress, new savings ideas and so on. Users can manually add any item and receive email reminders.
- Progress Charts: Helps monitor progress on savings and debt-reduction goals.
- Split Transactions: Ability to split transactions into two or more budget categories.
- More Deals: My Deals database expanded to more than 130,000 financial products.
These are solid enhancements and signal that HelloWallet will be a viable competitor in the OFM/PFM space (see previous post; note 1). I especially like the To-Do list, a relatively simple enhancement that helps increase the utility of the application. The company has attracted a steady flow of visitors, averaging about 25,000 unique visitors per month in May and June (see Compete chart below).
HelloWallet.com traffic estimates (U.S. only)
Source: Compete (link)
But the main reason for today’s post is to highlight the design of HelloWallet’s new blog at <hellowallet.com/blog>. The layout is visually appealing, incorporates social media sharing tools (Facebook, Twitter, RSS), and does a great job showcasing the company’s Twitter updates in the right-hand column (see first screenshot). This gives the whole blog a vibrant, up-to-the-minute feel, without burdening readers (and staff writers) with too many blog entries.
So far in July, HelloWallet posted four blog entries and tweeted 53 times (2x per day), a good pace. Both the blog posts and Tweets contain a good mix of personal finance material, general info, and company news.
HelloWallet blog front page (link; 26 July 2010)
Email message announcing new features (26 July 2010)
1. For more on the OFM/PFM market, see our recent Online Banking Report.