Will Personal Finance Software Solve My Financial Problems?
Many people have been in this common situation before – you’re keeping your bills current or are ahead in your monthly payment loan. Payday rolls around and you get your paycheck and decide to treat yourself. You go out a few times, buy a few things (all small affordable purchases), and suddenly you wonder where the money went. A good personal finance software program would have been able to track those purchases.
We all are familiar with this situation and can relate to it. Budgeting is important no matter what your income level is. Using a good money management software program will make the process so much easier, plus it will provide many helpful reports. View full post…
Why Many Personal Budget Software Programs Fail Miserably
Are you fed up with using Excel spreadsheets to manage your budget? They are, after all, bare bones and will work, but you don’t get many types of helpful reports like you do in a good personal budget software program. You may find personal budgeting software online as well.
Trying to find the best one for your situation can sometimes be confusing at best. Just do a search on the internet for personal budgeting software, and you’ll get millions of hits.
How Do I Use Personal Budget Software? Try Creating a Budget First
If you’re like most people, you may be intimidated by the concept of creating a budget or feel that it isn’t worth your time. After all, you might think that you don’t need to purchase personal budget software as long as you can pay off your credit card bills or maintain a decent amount in the bank, you’re fine.
However, it’s exactly this line of thinking that can lead to financial disasterdown the road. A classic example of this is the individual who just pays off the minimum balance, incorrectly View full post…
How Budgeting Software Can Help You To Reduce Debt and Control Spending
A few years ago, the Federal Reserve Bank stated that approximately 40% of families in America, on average, spend much more than their earnings. The statement goes on to claim that at least $20,000.00 in credit card debt is carried by more than two million families.
That was a few years ago…what do you suppose those figures are now in this economy that is still in recovery and high unemployment? Budgeting software can help in a big way.
Tips for Finding the Right Personal Budget Software Package
Reviews of the best personal budget software are one great way to make your decision about which home budget software package to buy. While some reviews may be helpful, one thing they may be missing is the element of “personal” which means you may be reading a review written by an employee of a major corporation instead of an individual discussing personal requirements.
You may also be reading a purported “review” by an affiliate of the software vendor hoping to make a commission if you buy the program. What it really boils down to in selecting the right software tomanage your budget, is trust and user experience. Some find it useful to use the Excel budget software, but it lacks the reporting features you need.
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