Looking for the best personal finance software? There are plenty of options available, but only one will help you stay organized and on top of your money! Here’s how to choose the right one for you.
Personal Finance Software Recommendations
There are plenty of apps to manage your finances, such as Mint or You Need a Budget. But these days it’s even easier than downloading an app, as many banks have powerful banking apps that can help you keep track of your expenses.
TD Bank is a big proponent for its free budgeting app, TD MySpend which lets you categorize your spending and set budgets that work for you. If you’re someone who prefers desktop applications, Quicken 2019 will do all the same stuff and more with just a few clicks on the keyboard.
The benefits of using a program like this include tracking your net worth over time, automating savings goals, setting up alerts to know when you’re getting close to a credit card limit, creating reports on income and expenditures by category—Quicken offers up way more information than any app. Best of all? It’s compatible with every operating system so no matter what device you use, there’s no need to download anything new.
One of the most popular financial apps, Mint helps people keep their finances organized by automatically categorizing purchases. It also sends alerts when it detects unusual spending habits. MINT is designed to help people save money, not just spend it. Plus, it’s free to use for up to 10 accounts. If you have more than that, it starts at $2.99 a month.
For other personal finance needs, like managing your 401(k) or paying off debt, check out Personal Capital. The company offers advice on investments and retirement savings as well as monitoring credit cards, bank accounts and loans to show where your money goes each month. You can download Personal Capital’s app or sign up online for free.
Then log in using an existing email address and password. The company will ask you about your goals, risk tolerance, investment time horizon and knowledge level before recommending specific portfolios with low-cost index funds from Vanguard or Fidelity Investments. You can then track your progress over time with charts showing what would happen if you were to follow the recommendations.
It’s a great way to get started investing if you don’t know much about stocks, bonds or mutual funds yet – there are experts available to answer any questions you might have about getting started too.
Organize your finances with Quicken to save time, track investments, and make financial goals. With Quicken’s powerful budgeting tools you can plan for vacations, enjoy a debt-free life, or save for retirement. By organizing all your finances in one place you’ll see at a glance where you’re spending too much or where you can save more. You’ll never have to worry about forgetting something at the store or that old IOU again by using our quick pay feature which is linked to over 70 banks around the world. Get started today with this free 30 day trial!
You Need A Budget (YNAB)
Since many people are living paycheck to paycheck, it’s difficult to keep on top of their finances. YNAB is an all-in-one solution for budgeting. The idea is that budgeting isn’t a short-term fix, but a long-term process.
It takes work over time to develop good habits, so if you’re tired of being stressed about your finances, give YNAB a try! They offer a free trial period and the best customer service in the industry. You can download their app for iOS or Android devices, or use it online with a desktop browser. If you have questions about how to get started with YNAB, visit their FAQ page.
YNAB works by setting up monthly spending categories, then setting a monthly spending goal for each category. At the end of each month, your totals will be automatically updated and they’ll show you what percentage of your spending goal you were able to meet. All transactions are tracked through YNAB as well – whether they happen on your phone or computer – so there’s no need to worry about keeping up with receipts or expense reports.
Finally, every year YNAB offers a chance to take a class on personal finance at no cost; it includes six weeks worth of classes covering topics like saving money, investing wisely, and understanding taxes.
After The Fact Personal Finance Software
This new software provides you with an easy way to manage your financial health. All you have to do is answer questions about your savings, debt and spending habits, then it generates a personalized plan for managing your finances based on your answers. By doing this, you can start saving more quickly and stop yourself from overspending as much.
It also comes with a rich variety of videos that teach you about various topics such as paying off debt or saving for retirement; these videos are designed to help set your priorities straight so that you know how to spend or save in the best way possible. If you’re someone who has trouble keeping track of all their expenses, this could be just what you need to finally get things under control.