Personal Financial Statement Software

Personal Financial Statement Software-9
Quicken is also a good choice if you have multiple accounts or larger assets to track since the desktop application is well-suited to manage built-out portfolios.

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The best personal finance software bolsters your financial literacy and eliminates confusion.

When you are able to keep track of the money that moves through your life, you’re better equipped to understand your spending and saving habits and hold yourself accountable to both short- and long-term goals. Mint links all of your accounts with the same bank in one fell swoop, so it only takes a minute to get rolling.

After doing so, the software will automatically fill them in.

We did notice that Mint isn’t as smart about labeling budgets as it is with transactions (it slotted a bus pass into “Education,” for example), but after a little tinkering, it’s great for automatically tracking your spending.

Mint allows you to create budgets for a number of categories.

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Start with the preset budgets, like "Restaurants" and "Transportation," or create as many custom categories as you like.

If you’re looking for a more streamlined experience, we recommend checking out Quicken.

is made by Intuit, the same parent company as Mint.

Quicken does have a comprehensive Support section on its site to help you troubleshoot, and the software is intuitive enough that you may not have many questions if you have experience with money management.

But we were still disappointed by its weak live support.

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