DETROIT, MI -- (MARKET WIRE) -- September 27, 2006 -- American Homeownership Association LLC ("AmHome") announces the launch of www.MySpendingPlan.com, a new website for people and groups looking for powerful and collaborative online tools to manage their finances. MySpendingPlan offers free, secure online personal finance budgeting software that's easy to use for managing the family budget, group finances, or special projects such as wedding planning and home remodeling.

MySpendingPlan users can:

--  Create a budget in as little as 10 minutes using the simple Setup

    Wizard and spending plan templates.

--  Generate future budgets from past and current income and spending

    habits using the predictive Auto-Assign Budget™ technology.

--  Get actionable savings recommendations using the Bill & Account

    Analyzer.

--  Setup bill due and task email reminders tied to specific budgets or

    projects.

--  Establish and track specific savings goals linked to their household

    budget.

--  View budget summaries in one snapshot with the customizable My Big

    Picture personal planning portal.

--  Create a variety of reports to help with financial planning.

--  Obtain the latest personal finance tips, coupons and money-saving

    offers.

MySpendingPlan uses a modern version of the traditional "envelope budgeting" system fitting today's lifestyles and family budgets. Using MySpendingPlan, users can create virtual envelopes for each spending category and monitor the balances in real time. This allows users to make informed decisions before spending money.

Mark Crawford, President of AmHome, said, "People want a better way to manage their personal finances, save more and reduce debt, but often give up on budgeting because it's hard to do and doesn't help with planning ongoing spending. Traditional personal finance software focuses on spending after the fact, and, as a result, doesn't provide the guidance needed to help you stick to your budget and plan for the future. And it's often cumbersome and expensive. So we created MySpendingPlan to help people control their spending and achieve their financial goals faster -- all online and for free."

Committed to a safe and secure user experience, MySpendingPlan is a licensee of the TRUSTe Privacy Program and participates in the BBBOnline Reliability Program.

MySpendingPlan is advertising-supported, providing a targeted platform for carefully screened marketers to display their services to consumers and groups looking to spend wisely and save money on big-ticket and everyday purchases.

For more information, visit www.MySpendingPlan.com and view the Tour and FAQs.

About MySpendingPlan

MySpendingPlan is a service brought to you by American Homeownership Association LLC, located in Royal Oak, MI. Our mission is to provide consumers with easy to use tools to help them with personal finances, saving money and getting the latest information about leading a better financial life. The MySpendingPlan team is a group of seasoned executives from the fields of finance, real estate and software development.

NOTE: MySpendingPlan™, AmHome™, and Auto-Assign Budget™ are trademarks of American Homeownership Association LLC.