Money is tight lately, and for the foreseeable future, it won’t get any looser. Jobs are scarce, and while income is decent when you do have a job, the temptation to splurge on everything you can while you have the cash is too strong. This is why the best way to deal with your money is to save it through smart decisions and keeping it as far away from your scrabbling claws. There are tons of ways that you can do this, and more than a few of them are dictated by personal choice. However, to keep track of those personal choices, why not employ the use of free financial software? This way even your computer reminds you not to touch that money you have in your account.
10. Budgeting is everything
Budgets are almost like New Year’s resolutions in a way, that is to say if you don’t take your budgets seriously, you’ll end up forgetting about them anyway. There are ways by which you can keep track of your cash, but sometimes it’s easier to let a machine remind you through constant nagging. Software designed for finances has that in mind, and will keep track of that monthly budget, and with the right program, you’ll be able to have every cent in line as you make your decisions.
9. Most of your income is also controlled
While budgets are important, there wouldn’t be a budget to speak of if you don’t have a clear cut source of income. If you have a stable job, then another important aspect in your finances has a lot to do with how much you make in a month. Tracking every cent you make will also aid you in making the best of that money, regardless of how much it is.
8. Keep constant track of bills
A smaller, but more important part of budgets, has to do with your bills. All of the integral things like electric, food and water, Internet, among other expenses should be accurately depicted and should be factored in when it comes to your income. This way, your extra cash will become subject to more scrutiny. However, the important fact here is that you still manage to keep control of your bills accurately.
7. Free software is worth a look
There are tons of open source programs out there and most of them are free. It would be a complete waste if you don’t try and at least use some of these programs to your advantage. Free financial software is not exempt from this, and usually, when a program is open sourced, you can expect that a updates galore will flood them. Some free programs are actually pretty well made, almost offering the same features a professional program would.
6. Financial software can also be used in offices
Owning a small business brings on a lot of problems when it comes to the accounting department. Between your the bills you have to pay in order to keep stocked, and the budget you have to set aside in order to pay off your employees, there’s just a ton of money going in and out. Why not make this job a little easier for you by employing the use of financial software? After all, these are the jobs that that stuff like this is designed for.
5. Pay some of those bills on the app
If you’re willing to spend a bit of money on a high quality program, then you should know that programs that have a price come with a ton of features. If you’re willing to spend a lot of money, these features can include the ability to pay your bills through the app itself. This can be beneficial for those times when you need to make a quick payment, without having to leave your home-space.
4. Keep track of your bank accounts
The beauty of software is that they connect many aspects of life together so that it is easier for people to deal with mundane problems. Most financial software is designed with that in mind, often linking your budgets to your income. However, the extra feature is that you are also able to keep track of your bank accounts. Financial statements are easier to keep track of and the activities in your bank should also be easily controlled. This will also work even better if you get paid through bank transactions as opposed to a weekly paycheck
3. Keep an idea of how much you actually have at any given time
A lot of programs designed for finances are usually cross platform. The best thing about Mac app is that each device can be linked with ease and transporting data is just a matter of porting that information between your devices. This means you can keep track of all of your cash at any given time, as long as you have one of your Apple devices to keep track.
2. Schedule the use of your money
Yet another feature of these kinds of programs is that you will be able to keep a great schedule. For example; if you have some cash that needs to be allocated into a cost like food, or raw materials, the app will remind you when you should make this transaction, days in advance. This feature works especially well with small offices because schedules are supposed to be controlled at all times.
1. Interactive reports let you alter budgets on the fly
Sometimes you might get lucky, and you get some windfall that benefits you financially. Other times, you might have a few expenses that you’ve never expected to come up. Interactive reports in these programs will help you keep a proper flow when it comes to your cash, so moving it about should be easier, and all of those expenses or bonuses become just another part of the report.