Tips on Evaluating Personal Finance Software
Article by Findalay Parsley
People who start using personal finance software are often surprised at how easy to use it is, and how it helps them keep track of their household budget. However, there are some programs that are better than other ones so be careful as you choose the one that does everything you need it to do. The availabilities are almost endless ranging from web based to more advanced packages that track your investment portfolios. This article will take a look at a few personal finance programs and how best to choose the one that is best for you.
Be sure to consider if the personal finance software you are looking at also has all the features you need. On the other hand, you need to also make sure it is easy to install and easy to use. You may find a more advanced program is more suited for you if you have some experience with financial programs and other technology. User reviews are the best way to determine if a software is user friendly or not. Because in the end, a software is only as good as the operator. Microsoft Money Plus is one of the more familiar personal finance programs, although they have terminated the production of it. It?s imperative to have this knowledge, because it?s still possible to buy the software from some online vendors, but in spite of that Microsoft will stop offering support for it in early 2011. Money Plus Sunset Deluxe is a free downloadable program that Microsoft will offer to take the place of it. This new program will be able to operate on any Windows application and won?t involve any activation process, although there are no Internet services or assistance that comes with it. So if you?re on the lookout for free personal finance software with some valuable qualities, you should try out Microsoft Plus Sunset Deluxe, yet if you desire to get a program that has full support you should consider one that you have to buy, for instance Quicken or YNAB.
Gnu Cash is a free alternative in an open source platform which can of course be used for personal accounting as well as business accounting. If you own a home based business or other small business you may find this program useful for tracking your projects as well as your customers.
Don?t let the business features dissuade you, this program is also setup to manage the personal budget too. This program is compatible with Microsoft Money as well as Quicken allowing you to import data into Gnu Cash from other programs. This however is not the type of program you can simply use right out of the box. You will have to spend a good amount of time just learning how to use the features available with GnuCash.
you will find that some of the software available will in the end suit your needs. Carefully consider what you need you software to do and you will be able to find one with the right features for you. The above information will hopefully aid you in discovering the right personal financial software for you. Once you choose a program be sure to get it up and running quickly so you can enjoy the added benefits of tracking your finances.
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