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Personal Finance Software - A Review of the Greatest Ones

By Janet S Macy


Personal finance software can make your life easier and give you more control over your finances. No longer do calculations by hand, once you have the program set up you automate most of your transactions. Nothing is more important however than the personal finance software you choose fitting your needs.

A personal finance software with all the features you require is one of the most important things to consider. Another important consideration is the ease with which you can use the software and what sort of Software License Management they use. Your familiarity with financial programs and technology in general will determine how advanced a program you should have. If you need something that is user friendly though, then be sure to read the user reviews prior to purchase. It really doesn't matter how good a software is to the experts if you find that you are not able to figure the software out.

A popular program that you can use on any computer operating system is YNAB or You Need A Budget. YNAB is well reviewed among consumers for its ease of use and many helpful features. Those new to budgeting will appreciate this program for its ability to teach them the overall rules of budgeting.

The four rules of cash flow are the basis for hits program helping you get out of debt, control expenses and improve your financial situation. Live classes and tutorials are among the available support resources for this program. The price tag on this program is around $60, not bad for all that it does.

MoneyStrands is a type of personal finance software for the Internet, which costs nothing and helps you to keep an eye on your budget and provides you with beneficial money management suggestions. This program makes it effortless to track every one of your financial accounts, like checking, savings and credit cards to offer you an overall picture of your financial status. Plus, it has a free iPhone app which lets you have access to all of your data from your phone. Aside from the financial tools, MoneyStrands is something of a social network, as it encourages you to communicate with other members and exchange information and advice. Plus, the service makes suggestions that are consistent with your way of living and your financial condition.

While it has features designed for businesses, it can also be used to manage your personal budget. Microsoft Money and Quicken are among the programs from which you can import data into GnuCash. While this program has many useful features and has the advantage of being free, it may not be suitable if you're looking for something simple that you can use right out of the box. The features of GnuCash do take a bit of time to learn how to use. If you want to buy the best personal finance software, you have to consider your needs, such as what kind of operating system you use, whether you prefer an online service or downloadable software and what features are important to you. Hopefully this article has given you some useful insights into the types of personal finance software that's currently available. If you choose the ideal program, you'll realize that it's much simpler to handle your money.




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