![]() ![]() Personal finance software is unique in that it is both specialized and universal. When I opened up my TDAmeritrade account, it was a breeze logging in and importing my holdings. Basically, this is a huge selling point for people who are like me and already keep very good records. You get to decide how much information you want to enter about each of your investments. They're not focused on telling you what to do or what's best for you but instead they're focused on providing you with the tools to make good decisions. Personal Capital is a customer-first app. In fact, when I first opened it, it looked similar to a news application. They've got some of the most robust UI I've seen yet. Other things that make it a top contender in the personal finance suite space include: Checking, savings, investments, IRAs, credit, investments, and it has some of the best budgeting tools I've seen for free. I think what sets Personal Capital apart from other financial apps on the market is mainly the fact that it's not limited to just your investment accounts. The personal finance space is absolutely saturated, they've got a lot of competition out there. The first thing I noticed and liked right away with Personal Capital is how much they're trying to appeal to the individual. Moneydance is compatible with Windows, Mac, and Linux operating systems. Customizable reporting tools and budgeting templates allow you to get a detailed view of your current state, as well as set your life on the right financial track. Moneydance also offers tools for tracking three major goals – debt reduction (and overall debt management), retirement planning, and household budget management. It can do your budgeting, transactions, and investment tracking with the best of them, and for the price, it’s hard to beat. Moneydance is a complete personal finance application. ![]() That’s not to say it doesn’t have other features – it certainly does – but the app is designed to be a convenient, easy way for you to log your spending and meet your financial goals. Therefore, it has a focus on budget features, goal tracking, and category management that you don’t find in other personal finance software. What makes Moneydance unique is that it is a personal finance application first and foremost. (The company does offer a premium version with added features for a fee.) While it’s not perfect, it’s certainly a viable option for many people, including myself.īottom line? If you’re looking for an alternative to Quicken and you don’t mind a free personal finance management application, Moneydance is a great option. It’s a free personal finance management application, so there’s no initial investment. So what’s the problem? The problem is that Quicken is wicked expensive! It’s not hard to find cheaper management software that still has a lot to offer.Īfter an hour or two of researching the major personal finance management software options, I decided to give Moneydance a try. It’s intuitive and easy to use, and it provides necessary information and guidance for improving personal financial management. Since then, several personal financial management applications have been created, including Quicken. In 1979, personal financial management software first became available on a home computer, allowing consumers to manage their spending and saving. They're really good about iPhone and iPad integration as well. Moneydance is more modern in approach and their strength is in their online interface for managing your money. Quicken does bill-pay, check writing and they have an advisor. Their strength is in their desktop application. Quicken has been at it for over 30 years and they're synonymous with personal finance management. That being said, they have tons of features and capabilities. There's no paid advisor, no bill pay and no check writing. They stand out for their strong track record and because they don't have many premium or paid features. Moneydance Personal Capital is a personal finance manager web-based service and a very strong contender in this arena of personal finance management. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |