Saturday, August 16, 2008

New Online Personal Budget Software Offers Free Relief To Consumers In Debt

New Online Personal Budget Software Offers Free Relief To Consumers In Debt

On Track M*Power provides consumers with a free online system to organize, manage, and track their finances according to a customized action plan.

Medford, NY (PRWEB) April 11, 2007

Getting out of debt doesn't have to cost money or lead to more debt. Over the past few years' consumers have rushed to take out debt consolidation loans and enter into expensive debt management programs, yet find they are deeper in debt than ever before. Pay Help, Inc.'s free web based software system On Track M*Power (www. BudgetOnTrack. com), offers a free alternative that can help people eliminate their debt in a fraction of the time and take control of their finances.

On Track M*Power provides the user with two primary online tools. The Financial Health Checkup offers consumers a quick diagnosis of their financial condition and a broad action plan that focuses on strategies to eliminate debt and manage their income. The Financial Life Manager provides a more detailed action plan and roadmap and allows for integration of the plan into an online personal budget system for easy, automatic management of their entire financial life as per the plan.

According to Bob Lovinger, CEO of Pay Help, Inc., On Track M*Power provides a free, no gimmick, real solution for people to battle and manage their debt. "When I looked at the marketplace and saw how complex the financial landscape had become for the typical consumer, I realized that there was a tremendous need for a no-nonsense and easy solution that anyone can afford. I ultimately decided that my goal would be to innovate the way people manage their money by developing the most effective, easy to use, and free finance management system available."

What stands On Track M*Power apart in the market, aside from price, is the system mechanics. " There are some effective accounting and budget products available that provide more bells and whistles than On Track M*Power," Lovinger said, "but no product combines the ability to develop and live a financial action plan all in one place. It does everything the typical consumer wants to do when it comes to managing their money without having to first learn accounting or financial planning. "

Perhaps the timing of On Track M*Power could not be better as more consumers find themselves in need of financial guidance as their credit card debt mounts and their rate of saving money continues to fall. Many also face increasing home loan payments and possible foreclosure due to rising interest rates attributed to adjustable rate mortgages taken out during the recent housing boom and the steady climb in property tax payments. Overall, consumers on the edge need all the free and affordable help they can find to help fight their fiscal battles.

Additional information for on Track M*Power can be found at www. BudgetOnTrack. com.

About Pay Help, Inc.:

Pay Help's focus is delivering technology and coaching support to consumers striving to achieve debt freedom and improve the way they manage their overall finances. The company provides solutions to consumers directly and through their financial professionals.

If you would like more information about this topic or to schedule an interview with Bob Lovinger, contact Steve Perry at (800) 919-6987 ext. 197.

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