We worry about organizing our finances because one mistake could land us in the poorhouse while one triumph could erase any money worries we might have for the rest of our lives. Being financially secure is a comfortable position to be in. With the help of personal finance software and solid financial advice, you’re on your way.
Personal financial software can give you a clear picture of where your money is going, where it is, and where it has been with graphs and reports. When it comes to planning your financial future, these reports are priceless. You can manage your portfolio and 401k, pay your bills and bank online by trading bonds, mutual funds and stocks. Receive current tax articles, real-time stock reports and other information to help you make good financial choices and wisely direct your money. Send this data to tax software to be better prepared for tax season.
In this site, you'll find articles related to personal finance software as well as reviews to help you make an informed decision on which software is right for you. Take a look at our top rated products: Quicken Starter Edition 2011, AceMoney and YNAB. At TopTenREVIEWS We Do the Research So You Don't Have To.™
Ideal personal finance software provides ample user-friendly features, allowing you to manage every aspect of your finances, including your accounts, investments, future plans and taxes. The software should also provide current information on tax laws and stock reviews to help you make informed decisions. Below are the criteria TopTenREVIEWS used to evaluate personal finance software.
Ease of Use
Personal finance software must be extremely easy to use, allowing you to track transitions, set up accounts and see detailed reports.
Banking & Bills
Online banking, a bill pay service and the ability to import all account data including transactions right into the software, are the tools needed to make wise money decisions. The best personal finance software allows you to manage your savings and checking accounts as well as your loan, credit card and mortgage accounts.
Reports are the culminating event to weeks, months and years of dedicated money management. Pie charts and line graphs within the personal finance software illustrate cash flow, personal investing and all additional transactions. The ability to see exactly where your money is going is essential when trying to decide where to cut back in order to save.
Help & Support
In order for all of your questions to be answered in a timely manner, an online user manual, customer forum, email support system and even an integrated help section must be provided by personal finance software.
Archiving & Security
Security is an extremely important feature for your personal budgeting software to provide. Your account numbers, personal information and other bank information are used to set up and manage accounts within the personal finance software.
Having archived financial files saved and categorized is perfect for tax season, or if, by chance, you happen to be audited.
Look for a personal finance software that provides its users with the tools needed to manage stocks, bonds, mutual funds, 401K, etc. Personal investment options within the software will also allow you to plan for retirement, home purchases, how to manage collage expenses, debt relief and other financial goals.
Some personal finance software can export all of your financial information into tax software and help you find missed deductions and estimate your tax with holdings and capital gains.
Through personal finance software, you can manage your finances conveniently and stress free, stop money leaks, make better investments and increase your personal net worth. In short, with personal finance software you can make your hard-earned money work harder for you.