Chicago-based TextHog has launched to empower you to manage your expenses on your cell phone.
While some of us might balk at the notion of exchanging our sensitive financial information through cell phone towers, others have been mobile banking for some time. Experts today view security on cell phones much like security on personal computers.
The service allows tagging to organize similar transactions and offers trends, spending reports, budgets and reminders. In addition, you can log into TextHog later using your computer to clean up anything that may have gotten mobile messy.
Data can be exported to QuickBooks, Excel and Quicken. TextHog lists compabilitity with the four major cell phone service carriers: Sprint, T-Mobile, AT&T and Verizon Wireless. Mint.com is a free and more robust (but online) version of TextHog.
While the service is free right now, look for a more feature-rich version later for a fee. Would you trust a service like TextHog using your cell phone? Chime in on our new About.com poll on the right!