How badly do you want to live like Paris Hilton or Donald Trump? You live in a mansion with more than 30 bed rooms, recreation room, library, dining rooms, gym, swimming pools and a garage with your Porsche, Maserati and Lamborghini. Your kids go to a private school along with the kids of Hollywood stars and the royalties. You have traveled to almost every destination in the world on your private plane with a spouse that everyone has been fantasizing. Are you enjoying the daydreaming? While it may seem easy to reach on your daydream, reality will still bite you away from it. How can you get out of the rat race if you cannot even buy a donut for your kid? You live from paycheck to paycheck, but your salary just couldn’t catch up with your unnecessary expenses. You have to start managing your finances right now. If you cannot afford to hire a financial advisor, you can start your wise spending with the help of these top 10 home finance software:
Have you said “hello” to your wallet? Well, you start saying “hello” to this software from now on. HelloWallet is a company providing online financial management assistance to people who would like to reach their financial goals. This application prohibits banks to promote their products. The software also has financial management tools to help users plan their future. It also has a money manager where you can manage your bank accounts, house and car appraisal values as well as your 401(k). If you want to save up for your children’s education, dream house, retirement and reduction of debts, HelloWallet can help you. It can even notify you when your bills are due and when the interest rates of your debts have already increased.
One of our ways of budgeting our money is through envelopes. We put certain amounts on every envelope and label them depending on where they should be going. Mvelopes is the virtual version of this budgeting style. The interface is very easy to learn because you can create categories in the form of virtual envelopes and assign amounts. This software adjusts each transaction automatically by placing their respective categories then adds or deducts the amounts from your virtual envelopes. Mvelopes notifies you on your monthly budget to avoid overspending. It also has tools for financial planning to control your expenditures and debts. Mvelopes will be alerting you if it thinks your new pair of shoes is not included in your financial plans so don’t you dare.
Want to be rich? Try Thrive. This software monitors your financial health by providing planning and tracking tools. Thrive also provides solutions and strategies on how you can improve your financial status. It has a special feature wherein the software will arrange the line-up of your bills and tell you which should be paid first. If you want to save yourself from shop-a-holism, incorporate your accounts to Thrive.
GreenSherpa has a dashboard that is customizable and provides a cash flow summary. You can incorporate all your accounts so the software can synchronize every single transaction, even that very nice underwear you just bought. It also has a feature that shows a projection of your cash flow according to your previous and future expenses. See how close you are to your financial goals with the help of Green Sherpa’s financial management tools.
Like any financial management software, AceMoney can help you plan and track down your financial goals. This software can notify you with bill-scheduling and monthly budgeting. AceMoney has the ability to manage your portfolio by downloading the stock quotes from stock exchanges. If you want to be an investor, then you should start planning your finances with the help of AceMoney.
5. YNAB Pro
Yes, you need a budget and you need YNAB Pro. If you are a shop-a-holic and you need to save yourself from overspending, you need the help of this software. YNAB Pro is very easy to use and focuses more on budgeting than the whole concept financial management. It provides a spreadsheet where you can track down your transactions that deducts or adds to your budget next month. You need to update this regularly to enjoy all the features.
4. Fortora Fresh Finance
Fortora Fresh Finance offers a free trial for starters and a money-back guarantee for its regular users. The interface is easy to understand because it is well organized. You can track down your finances, plan your financial goals and all the basic features that you expect from finance softwares. It also has a multiple currency support so you can use this even when you have become a jetsetter.
The creation of your budget plan and reconciliation of your accounts have been made easier with iCash. If you are a non-techy user, this one is for you because of its easy-to-use interface. You can track all the transactions from your credit card and bank accounts as well as arrange your payment dues. You do not need to have an accounting background for this one so, no excuse for you.
2. Quicken Personal Finance
Once you have gotten out of the rat race, you will want to thank or marry this software. Quicken has already proven its worth to users for the longest time for their continuous improvement. They offer packages according to your needs such as Quicken Online, Deluxe and Premier. They also have a special application for Mac users. Quicken has almost all the budgeting and financial planning tools that you need.
Mint is among the best finance software available and you can get it for free. This software allows you to register all your financial accounts anonymously for security purposes. All your transactions will be synchronized so you can monitor your spending and saving habits. To make it sound even better for you, Mint regularly sends financial reports straight to your inbox. It also notifies you if you have been making unsatisfactory spending. Mint has mobile applications available for Android and iPhone users so you can get updates wherever you go. You are assured of intensive data-protection as Mint is affiliated with RSA Security, Trustee, HackerSafe and VeriSign.