We have covered expense tracking startups earlier ( OnYeM , 11Rupees ) and ofcourse, Intuit’s grand plans to launch ‘Intuit Money Manager’ in India . There is a new kid in the block – TrackSpends that does track your expense using the most handy device, i.e. mobile. Once you register your mobile number with TrackSpends , you can send the expense detail via sms to 9916364091 [in a format like ‘ 100 rs in petrol ’, ‘Rs 250 lunch’ etc – the data is stored on the site. The product is in early stages (they don’t even have a logo!) and is yet to implement analytics etc – but what they have got right is the basic implementation using the right device. SMS as a medium is far more stronger than Internet, when it comes to ‘ punch it while you are onto it ’, i.e. on-the-go data upload as compared to Internet where you actually need to be disciplined in order to use an expense tracker.
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TrackSpends – Track your Expense Via SMS
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