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Overview
Launched on May 2006, Qian8ao.com is not only a free online personal expense tracking application that helps people to find out where their money go, but also an online financial community where people gathering around to discuss money related topics.
Qian8ao.com is still in its beta version currently with a fast-growing user base.
In the news
read our story on China Daily......
The Cyber Savers China Daily, January 15, 2008
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Last Spring Festival, Lu discovered www.qian8ao.com, a website that helps people balance their budgets. She registered at once.
"It is quite convenient. The website will automatically generate diagrams based on the items and statistics I type in. I can clearly see how I have spend my money every day," she says.
After keeping her cyber accounts for several months, she finally balanced her budget and now she is tuo guang, meaning she has savings in the bank and is no longer part of the "moonlight clan".
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"For instance, I spent 500 yuan a month on taxi. It was because I got up too late to catch the bus. Now I try to take the bus or subway more often and dine in less expensive places to save money," he says.
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Both Lu Meiting and Lin Hao had tried to keep accounts in books before.
"It was boring. And I was too tired after work and often forgot to record the expenses in time," Lu says.
"But on the Internet, other users will inform me if I forgot to do it. I make friends and we often discuss wealth management and share financial intelligence.
"It is interesting that you can search out thousands of accounts of how to earn or invest even only 20 yuan. And you will be more firm in cutting down your expenditure when you are making efforts with many companions."
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Yu Zhan says online account keeping is like a themed blog, on which people talk about issues concerning money.
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Contact
Please contact Minyun Zhang or Zhan Yu for futher information.
zhangminyun(a)qian8ao.com
yuzhan(a)qian8ao.com
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