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We’re highlighting some of the best personal finance software available whether you need to manage your money on your smartphone or at a computer. Most of these personal software options are free (yeah baby!) and are compatible for most Mac’s and PC’s.
Learn more about our. Personal finance software can help you master the basics, become more efficient at managing your money, and even help you discover ways to meet your long-term financial goals. Choosing the best personal finance software is based on your current financial needs. Some personal finance software can help you master budgeting and expense tracking while others can help with investment portfolio management. Of course, your budget for personal finance software matters, too. Our list of the best personal finance software includes free and paid options to suit a variety of financial goals.
So take a look before and get your finances in order in no time.•. Courtesy of Quicken Having been around for several decades, Quicken is one of the most established of all the personal finance software on the market. Best app for mac to make invitations. You can use the software to manage various aspects of your financial life from budget creation to debt tracking, savings goals, and even investment coaching. The software features Excel exporting, which allows you to manipulate and perform additional calculations on your data. Some of the more advanced features include bill paying, which allows you to set up payments for your bills right from the software.
You can even use it to track the value of your assets to have an accurate calculation of your total net worth. The app is robust enough to manage both your personal and business expenses and even handles property management functions like rental payments from tenants. The software starts at $34.99 and is available for Windows, MacOS, iOS, and Android. Courtesy of Mint Mint is one of the most popular budgeting and expense tracking tools.
You can have the software pull in your bank and credit card information to analyze your spending and pinpoint areas that you can cut back on spending to improve your finances. For more accountability, Mint allows you to set up alerts for things like due dates and low balance to keep you on track. These features help you avoid expensive fees for late payments and overdrafting your bank account. If you’ve set up budget categories, Mint will give you real-time information on the amount you can spend on things like food and gas. Courtesy of YNAB You Need a Budget, YNAB, is a personal finance software that’s aimed to help you improve your financial literacy as you manage your monthly budget. As you create your budget and manage your daily finances, the software provides you with tutorials that will help you tackle some of the tougher financial topics. If you’ve been struggling with bad financial habits, YNAB can help you break those by helping you stick to a few basic financial management rules.
The software automatically links to your bank account, bringing in your spending information for analysis and budgeting tracking. You can keep tabs on how you’re tracking towards your monthly budget and take action if you’re overspending. It doesn’t include any investment tracking capabilities. YNAB offers a free trial that allows you to use the software while you decide whether it’s right for your personal finance goals.
The full software is $6.99 per month ($83.99 per year). Courtesy of Mvelopes The traditional envelope budgeting system helps you stick to a budget by using envelopes to manage your budget. Once you’ve figured out your budget, you put that amount of cash into a budget. So, if you budget $100 for gas for the week, you place that amount in an envelope and once you’ve spent $100, that’s it. Mvelope takes the same approach to budgeting, except that it’s done digitally rather than with physical cash. Choose the financial goals that are most important to you, then add your bank accounts and set your income. Mvelopes will help you create a budget and set up your “envelopes.” The software tracks your spending and shows what you’ve spent from each envelope to keep you on budget throughout the month.