Bundle Introduces “My Money”: Track Your Daily Spending and Compare with Others Just Like You

New, free tools let users track financial accounts, set budgets, create goals, and share with others

NEW YORK--(BUSINESS WIRE)--Bundle, the socially informed money management site, today launched My Money, a groundbreaking and visually engaging new way for people to track their daily spending, create budgets, set financial goals and compare their behavior with their peers.

“Using Bundle data, combined with these powerful new money management tools, My Money will finally provide people with the context that’s been missing from their financial decision making.”

Bundle launched in January with Everybody’s Money, the first web application to use anonymized, aggregated spending data from millions of people to show how consumers spend on items such as groceries, restaurants and gas. The free tool allows users to filter their findings based on age, household status, income level and geography.

“If you’re married and living in New York making $75,000, your money decisions will be vastly different than a single female living in Dallas making more than $100,000,” says Jaidev Shergill, founder and CEO of Bundle. “Using Bundle data, combined with these powerful new money management tools, My Money will finally provide people with the context that’s been missing from their financial decision making.”

With Bundle’s passionate community and unique original content, consumers now have a hub for learning, sharing, and taking action in their financial lives.

Bundle’s goal is to be a trustworthy online destination where people can share their experiences without anxiety or judgment, and learn from each other through community, data, and highly sophisticated tools that help them track their money decisions. Bundle proposes that a community of real people, talking about their real financial goals, challenges, and problems—backed by powerful data—can perform an enormous social good.

“There’s a wealth of knowledge about money and finances that we can share with each other and learn from, and those conversations can begin to occur online,” says Shergill. “We are very excited to share with our users the newly expanded version of Bundle, which can offer them even more clarity when making financial decisions.”

New Features Include:

• My Money – Bundle’s bank account aggregation system, My Money, automatically organizes and categorizes most transactions, allowing users to see where their money is being spent. After registering with Bundle, users simply and securely add their login information for online banking, credit card, student loan, and other types of accounts to be provided with a visually stunning view of their financial lives. (My Money, which is free, supports more than 10,000 financial institutions.)
  • The security of a user’s financial information is critically important to Bundle. Bundle built its site and infrastructure to adhere to the high standards used by banks and other financial institutions.
• Budgets – Creating a budget can be difficult. How do people know where to start, or what’s even normal? Bundle’s free budgeting tool adds context to users’ financial lives, bringing in data from Everybody’s Money so that they can develop a budget that’s grounded in reality and actual spending data.
• Goals – The simple, fun-to-use and free goals tool lets users create a goal, such as buying a house or paying off a credit card, breaks it up into monthly payments and adds it to a user’s budget. A visual roadmap shows users their progress over time.

New Content Partnership with TheStreet

Bundle is also announcing a new content and audience sharing agreement with TheStreet.com, Inc. (NASDAQ: TSCM (TheStreet.com)), a leading digital financial media company. TheStreet will provide personal finance editorial content and multimedia tools to Bundle and also publish Bundle content to its websites.

Daryl Otte, CEO of TheStreet, said, “Bundle’s unique financial content and community-based approach to disseminating money management ideas is truly one-of–a-kind, and we are extremely excited to be sharing our personal finance content with its community. Empowering the individual user with the best financial and investing information has always been an important element of TheStreet’s mission, and we are proud to share this with Bundle and its audience.”

About Bundle

Bundle is a socially informed money management site dedicated to helping people make smarter spending and saving choices through comparison, community and one of the most extensive collections of free spending data on the web. Bundle is based in New York and supported through investments from strategic partners that include Citigroup, Microsoft, and Morningstar, Inc.

For a complete press kit, including an introductory video, screenshots of the site, and company bios, please visit www.bundle.com/press. For advertising and partnership opportunities, please contact us at [e-mail].

About TheStreet

TheStreet is a leading digital financial media company. The Company’s network includes the following properties: TheStreet, RealMoney, Stockpickr, BankingMyWay, MainStreet and Rate-Watch. For more information and to get stock quotes and business news, visit http://www.thestreet.com.

Where to Find Bundle

Home: http://www.bundle.com

Twitter: http://twitter.com/bundlehq

Facebook: http://www.facebook.com/BundleFB

Tumblr: http://bundlehq.tumblr.com/

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6410958&lang=en