It’s been several weeks since I’ve talked about a “cool money tool” so I wanted to make amends and tell you about two really cool money tools. The first is to nourish your inner geek and the second, while it’s been around a few years, is a great place for those of you starting out on the path to debt-reduction and super-savings. And they’re both free!

So I’ll get right to it:

1. Money and Technology…Finovate

In the “money and technology” category (I live in Silicon Valley…it’s hard to escape technology and I love it!) there is an awesome site called “Finovate“.

Finovate is actually a conference series, but they have a blog located here that showcases video demos and write ups of all sorts of cool financial and banking technology innovations. All of the hottest new financial “tech” companies showcase their wares here, many before they are public. If you want to find the next new Square (which I wrote about here) or Mint.com, Finovate is the place to do so.

And if you are interested in investing in this sector, you can find out some great information…their top headline today for example is “Bill.com Secures $15.5 Million in Series D Funding” and the article goes on to tell you exactly how much ($15.5 million in Series D funding), the total raised ($40 million), and from whom (long list, you can read it on their website if you’re interested). Bill.com isn’t public yet, and Finovate is a great place to seek out these kinds of opportunities as a starting point if you are interested in that sort of thing.

I love surfing over here whenever I want to see what’s going on in the “financial tech innovation” world…it’s cool stuff!

2. Credit Karma

There are so many sites out there that promise to give you your credit report for “free” but completely fail to deliver. Either you’re half-way through the application and they suddenly ask for your credit card number to receive your actual score (the “report” is free, but you have to pay for the “score”) or they attach so many strings (it’s “free” for the first month but then if you check again, ever, they start to charge you…UGH.).

But luckily, there is also Credit Karma. This little jewel has been around for a little over a year and I love it because it is really and truly free. As they say themselves (and it’s true), “for the first time you can get a truly free credit score with no hidden costs or obligations.” Awesome.

I’ve been using this site for about a year and I love that I can check my credit any time I want, and OK, I also love their “Karma” concept:

“The principle of Karma is common to many beliefs. The general idea is that any action a person takes either positive or negative, will have an inevitable equal effect in the future. Your credit score is kind of an expression of this concept; an index of your credit history: your credit karma.”

Nice.

I’m proud to say I finally have good credit karma…the horrible black mark that I incurred in 1998 (back in the day when I had no idea what I was doing with my personal finances) has finally disappeared and I can happily check my score at any time now. Finally!

So that’s it for today…I’m keeping it brief to let you roll into your almost-weekend!

I hope you can use these tools (I am unaffiliated with both, other than I use them myself and like them).

I’ll be back tomorrow with QnA…lots of great questions this week!

To your financial success and good karma,

—Kung Fu Girl