Personal Accounting Software

Picture

The best personal accounting software can help you eliminate debt and get control of your personal finances.  The absolute last thing you need is something that's expensive and hard to learn and use.

There are so many options in simple accounting software it's easy to get confused and not know what to do.  The easiest option may be to just pick something and especially if it's free.  How can you go wrong with free, right?

In fact, free web based accounting software is all many users will ever need.  The other option that's free is accounting software that resides on your own computer.  Several versions are available that way too.  Here's what you usually get for free.

Online software resembles online banking and that's at the core what it really is, plus more.  Think of being able to see all your online financial balances, accounts and transactions in one place.  That makes it easier to keep up with where you are, and what's going on.  That means all your bank balances, all your loans, and maybe more, all in one spot.  Then here's the other part.

You get budget software all blended in with the personal finance functions.  Build a budget all based on your real situation and track your progress in a way that all the information is right up-to-date all the time and easily viewed at any time, night of day.  That's the power and all for free!

Here's what you may not know though.

This only works for very basic financial situations, which actually includes most people.

If you run a small business at home, you need more than free online software.  The free versions just have almost no bookkeeping ability.  Same story if you have any payroll or even certain investments.  The reality is that free web based software and most free software is quite limited.  So does that mean it's necessary to move to professional full accounting programs like accountants use?  Like QuickBooks for example. 

Not at all, and here's why...

First of all, you lose personal finance functions with full accounting software.  Likely the personal budget functions and related power is mostly what you need anyway. 

In addition, full bookkeeping software is far more than most people need.  That means you get something that's hard to use and complex and that means lots of cost to learning, even if the software costs just a little.

The solution may be personal finance software with added features to fit your situation.  Quicken is a popular choice and that's partly because it comes in several versions that just have certain function added to what is powerful personal finance software.  You can pick just what you need and not more.  It has lots of users and lots of reviews to see what people think and how they compare what they have to other options, good and bad.

Get more tops on picking products at out site about

personal accounting software... 

See reviews here of home accounting software