The best Budgeting and Accounting Software helps you manage your money in a way that is organized, provides the detail you require and displays the information that you need in a way that allows for quick comprehension and analysis.
Applying poor money management techniques to your personal accounts is one thing, but doing the same to your small business funds could be disastrous. And while we can’t help you to be sensible – that’s on you – we have selected ten personal finance software solutions that can make a difference to the way you think and act with your capital.
Here are four budgeting software systems that meet those criteria. Each system is distinguished by how it could best fit your personal approach to managing your finances.
Price: $74.99 (around £57) per year
Available for Windows, MacOS
Probably the biggest name in personal accounting, Quicken’s desktop tool is
well-aged and feature-packed and – whisper it – starting to feel a bit out of date. So much so that parent company Intuit recently sold the rights to the software to a private equity firm in order to concentrate on its more modern properties like Mint.com and TurboTax.
But for now it seems that Quicken is continuing to be updated every year, with the 2018 edition promising expanded custom reporting, 5GB of secure online backup and free Quicken Bill Pay. And all for a lower price than last year.
The Premier edition is perfect for managing personal finances, business accounts and investments in one place provided you’re in the US – it’s not so hot for UK users, being geared more towards American finance options.
It neatly links transactions between your accounts – so transferring from savings into a current account is one entry, with a ‘from’ and a ‘to’ rather than a pair – and provides various budgeting and prediction tools to help you stay on track.