Personal Finance software is used to help you keep a budget, track your money, be it a checking account or savings account, and keep track of other assets and liabilities.
You can purchase programs like Microsoft Money to perform some of these functions, but there are several good free programs available for download on the internet, which are quite good.
Free programs are naturally the best price to pay for software, however remember the old saying; “You get what you pay for.” Sometimes that turns out to be true. Many of the freeware programs might have limitations compared to the programs you can purchase. Some of these limitations are truncated versions of a program that you can purchase. Often a software manufacturer wants to give you just enough to whet your appetite, in hopes that you will spend the money on the full program.
On the other hand, some fine programs available do everything you might want them to do. Here are a few.
This free Personal Finance software has recently allied itself with Intuit Software, the makers of Quicken and Turbo Tax, and offers free online Personal Finance solutions for you. Mint.com is a powerful and secure web based solution for your personal financial management. It connects to over 8000 financial institutions in the United States. Mint updates your account information daily, and automatically categorizes your purchases in an easy to understand format. It gives you comprehensive views into all of your accounts with one login. You get automatic notifications of low balances, upcoming bills, and any unusual activity on your accounts. Look at this program by clicking here: Mint.com
GnuCash is free Personal Finance software that unlike Mint is downloadable. This program will work with Mac OS X, Windows, UNIX, and Linux. With GnuCash you will have a program that is as easy to use as a checkbook register. You can track bank accounts, stocks, income, expenses, and other financial accounts. This is a good software for small businesses, and home users as well. Click here: GnuCash for more information.
With this free program, you can also keep track of your personal finances. You can set up reports on your spending habits, and income. For example, if you want to know how much was spent on food last month or car repairs last year, all you need to do is set up the report. The program will help you to create and manage a budget. IT has over 100 predefined spending categories. If you have investments, or a 401K, AceMoney will track those too. You can set up alerts to keep apprised of when your bills are due. If you have any dealings with money from other countries, or just want to know how the dollar is doing, AceMoney Lite keeps up with the current exchange rates of over 150 international currencies. You can click here: AceMoney Lite to learn more.
These are only a few of the free Personal Finance programs that you can find on the internet. You can certainly spend money on software to keep track of your financial health, but sometimes there is such a thing as a free lunch.