10 Best Money Management software for personal use
Taking the time to manage your money better can really pay off. Money management is the overseeing the cash usage of an individual or group. It includes the process of budgeting, saving, investing, spending. There are many software on the market to help you in managing your expenses and save money. Money management software makes your life easier in the following process.
- Making a budget.
- Automated bill payments.
- Tax calculations.
- Managing Investments.
In this post, we’ve listed 10 best money management software for personal use.
Mint is one of the best personal money management apps. With over 15 million users, Mint.com is a web-based personal financial program. Using Mint app, you can Create budgets and See all your bills and money anywhere any time. Every time you visit the Mint website, your financial data gets updated automatically. You can also get your free credit score with mint. You can even keep track of your credit score to help you be smart about it, no credit card required.
- Tracking bills.
- Easy budgeting.
- Free credit score.
- Simple categorization.
- Investment tracking.
02. Learn Vest
LearnVest is a free budgeting tool and personal finance software. It’s a web-based software that syncs up your information in one location. It’s a great solution for a personal financial planning. Financial planning is available for an additional monthly fee. You’ll receive reminders about what you have to do to keep on track with your finance. There is no way to automate simple, recurring corrections in the app. Following are the LearnVest features.
- Financial planner helps you track your spending and investments.
- Money Center Tool allows users to pull up information on all of their financial accounts and track spending, manage budgets, and set financial goals.
- LearnVest also allows you to set and track specific customizable goals.
Quicken is a finance management tool that allows users to manage their financial accounts and investments in one place. The platform is available for Windows and Mac users. Quicken is basically designed to handle more complexity. There is a lot of customization options in Quicken Deluxe.
Using Quicken, You can track account balances and household budget from anywhere by synchronizing data from computer to phones. Users can also store pictures of their receipts in the system. Quicken Deluxe is priced around $65. Following are Quicken features.
- Bill management.
- Investment tracking.
- Credit score monitoring.
- Tax reporting.
04. GNU Cash
GnuCash is personal freely licensed financial-accounting software for GNU/Linux, BSD, Solaris, Mac OS X, and Microsoft Windows. However, GnuCash strength lies in its report generation ability and presentation of all its accounts. GnuCash allows you to track bank accounts, stocks, income, and expenses. As appearance-wise, it looks quite simple.
- Customer and vendor tracking.
- Bill payment.
- Tax and billing terms.
OfficeTime is a flexible and low-price time-tracking software, perfect for anyone who wants to track time across multiple tasks and projects with no learning curve. It records billable hours as you work and generates invoices and reports based on them. You can export any screen, any report easily to Excel or your favorite spreadsheet. OfficeTime is priced around $47.
- Easy reports.
- Bill management.
- Employee time tracking.
06. Money Dance
Moneydance is software that allows you to record your transaction according to categories. It easily analyzes your pattern and does all the classification by itself. Moneydance allows you to set up reminders on the calendar. It is easy to use money management program that offers powerful budgeting features and reporting options.
Moneydance supports online banking and bill payment, account management, budgeting, and investment tracking.
Buxfer is an online money management tool that allows you to bring all your personal finance information together in one place, understand where your money goes, reduce unwanted spending, and save for future goals. Also, Buxfer dashboard provides a quick overview of your account and alerts you if anything is off in your budget. It Syncs all your bank accounts and you can add transactions manually and reconcile. It popup real-time alerts and reminders when you’re over the budget.
YNAB is very easy to use money management software. It tracks all of your transactions and budget. YNAB looks like a very traditional budgeting software. You enter your categories, track your spending, and adjust if you go over or under on certain categories. Using YNAB, you can easily connect all your bank accounts in one place and can access to your financial information, from any device, anytime. These tools teach you to get out of debt.
CountAbout is personal finance software that makes it easy to set up and track a budget. You need to get the Premium subscription to connect to your accounts automatically. CountAbout app allows you to import from Quicken or Mint. The service allows you to easily sync your personal finances in one location, and with reporting. It automatically syncs data from banking, credit card or retirement accounts, and download investment balances.
WalletHub is an online financial management service that offers personal finance tools. The main offering is a daily free credit score, and the related free credit report. WalletHub handles credit monitoring reasonably well.
WalletHub’s WalletLiteracy Quiz and its Financial Fitness Tool provide users with free credit reports.