Test Kublax.com - the new family finances site - and have the chance to win £150

[carriemumsnet]

Kublax.com is a new online service designed to help you manage your family's finances and they're looking for mumsnetters to try it out, offer feedback and have the chance to win £150.

Kublax's service is free, simple to use and allows you to pull together all your finances in one place. Completely hacker-proof and secure, it works best if you bank online. You just plug in your financial data and it automatically categorises where you are spending and divides it up into 45 different areas eg groceries or eating out. You can also create your own specific categories. There are simple budgeting tools and alerts that allow you to plan ahead and monitor your spending or set reminders for yourself and the site also includes helpful links to other money-saving sites.

This product test is open to any mumsnetter who wants to take part and everyone who tests the service and offers feedback on this thread will be entered into a prize draw to win £150.
To take part all you have to do is log on to www.kublax.com, have a play and then answer the following questions

1. What did you find useful about Kublax ?
2. What didn't you like, what didn?t work so well ?
3. What could be improved/added ?
4. Would you recommend it to other Mumsnetters, and why? And if not, why not?
5. Any other comments.

Thanks and good luck

MNHQ

personnaly its not about you being secure or not BUT more the fact that if i give you my log in details then you can see all my accounts. How would it work if my account was hacked, would my bank help me or would they say because i had disclosed my info i am liable?????? Like i said before my DH does not even know my memorable info!

thomas- most ecommerce sites are not particularly secure tbh. People are always "massively confident" -thats when they make mistakes, and that is what hackers exploit.

It just seems short-sighted to put all my eggs in one basket, so to speak. I have separate accounts for a reason.

Have to say I gave it a bash and conceptually think it is good and worth further investigation. Maybe the fact I have multiple accounts at different banks (I look after my parents affairs as well as my work/domestic stuff) makes it more appealling as it would be good to have it all in one place rather than laboriously logging on to different site. Not sure what WMMC is talking about but confess security wasn't actually a huge concern. As far as I can see it's as good as my HSBC site and my details are already logged all over the place so why is this one so bad? Maybe the people behind it need to do more marketing/convincing but surely the fact they're on here is a sign that they are honest and above board ... JMO

Yes but I'm honest and above board and on MN, but you wouldn't give me your bank details...you can if you like though

"Completely hacker-proof and secure"

If you are so confident you are secure and hacker proof, why do you limit your liability to £500?

Ahh but soloismeredithgrey do you come with passwords, macafee and all sorts of other security bells and whistles!

Soupdragon ... don't all companies have a liability limit and is it theirs or mine... maybe I should read my HSBC stuff more closely unless you can tell me to save me wading through the small print which at my age is a pain.

How should I know??

sorry thought you knew somehting I didn't ... hey ho another thing to bone up on.

The title of the homepage is 'Kublax - SECURE Financial Management' - if this is not an indication of a site offering advice on finances, I'm not sure what it means.

Oh and BTW your digital cert is not set up right. But never mind.

Carrington, I come with passwords, I can come with McAfee, all the bells and whistles you could shake a stick at (indeed I can supply a morris dancer to shake sticks and bells), plus I have a quite fierce cat - would you like to share your personal info with me?

Soupy to be fair to them they probably can't get insurance to indemnify them for more than £500 - but the small print was quite entertaining wasn't it?

Transactions with Visa/Mastercard and other suppliers of finance are generally indemnified (insured) so that if your card is stolen you are covered - sometimes with an excess of £50 to put you off being a total muppet and lending your card to the man on the bus or using it as a beer mat in the pub etc.

However since this is not (apparently ) a site providing financial advice, they need public liability insurance for losses incurred as a result of using that service which they are responsible (NB they cannot be held responsible for general muppetry as outlined before) but let's say they hired someone and failed to check his references and he went on to steal the database, sell it online and it was all traced back to him and you lost money, well they need to have a limit because unless they only have four customers, it would bankrupt them if you all claimed to the level of loss.

WMMC ... hey you've got bats as well gnawing at your bits which scare me far more than a cat. If I read you right you've also got a personal banker so don't, unlike mere mortals like wot I am, need any help with your accounts.

Reality says, no I prob won't share my details with you - you're more hidden than Kublax say my details are - but I am increasingly intrigued why you're being so hard on them.

Carrington

Thomas - If I were you I would be very reticent to answer specific security questions - you have no idea who anyone here is......

......some of us are right buggers!

Tried to load the demo, but got bored waiting for it to appear.

About budgets "How well, or well not" - Arrrghhhhhh!

The budgets section has prechosen categories, I would much prefer to be able to write my own e.g not vehicles, but dh's vehicle, my vehicle, petrol, tax, insurance, garage costs ....

Oh, and there's no way I would put my bank details plus passwords into some never heard of internet thing. That just seems crazy.

Carrington, of course I have those things and anything else you'd like... .

Solois etc etc ... is that an offer or what ... this forum stuff is very strange.

Hehehehe!!! I've got nowt I'm afraid, but as this is an anonymous forum, I can pretend if you like

Sounds fun but have copy to write so will have to decline.

Thomas, I have some serious questions now:

How is the reaction from the banks? If my bank got wind of me using a third party to interface with their site they'd have kittens. They have a hard time with Microsoft Money FFS. There is a specific check on mine which identifies various aspects of the requesting computer. But if it comes from your servers it's not going to be my IP and frankly I'm not where you are so it'd be pretty obvious it wasn't me directly coming in.

Also, what is the caching situation - surely if you are passing through info without storing there can be no cache to continue a session with my bank? And if so it would time out in 30 seconds of non communication, or are you actually caching for the period of that interaction?

If you cache the data during sessions, how do you propose to manage the problem of residual data on your systems which is not purged and can be recovered. What happens for example if your server goes blue - the session data will not be purged and is still there and can be recovered?

Actually I do find this quite intriguing for another reason completely unrelated to what you are doing but why you are doing it. But that's not for an Internet forum (we'd bore the pants off the folks here!)

Surely they are doing it for datamining, no?
Unlimited access to people's spennding habits...

A year down the line 'you appear to be spending 60% of your income on chocolate, perhaps you'd be interested in joining the Thornton's Chocolate Club?'

it wont work
apparently the only transaction on my ONLY account in the last 30 days was an interest payment of 2p

crap

WMMC I'm intimidated by your intelligence here...