Best Personal Finance Software Options in 2022

Feb 04, 2024 By Triston Martin

It's possible to learn the basics, get better at managing your money, and figure out how to meet long-term goals with apps and software. It all comes down to how much money you have right now when you choose personal finance software. Some personal finance software can help you learn how to budget and keep track of your expenses, while others can help you keep track of your investments and make sure they are safe. There are both free and paid options on our list of the best personal finance software options. They can help you reach a wide range of goals.


1. Quicken


People know Quicken because it has been around a long time. If you want to keep track of your budget, debts, savings goals, and even get help with investing, you can use the software. Using this software, you can export all of your data to Excel. This means you can change and do more maths with your data. It is possible to pay your bills right from the software. When you use bill paying, you can set up a payment plan for your accounts. This is one of the best and easy-to-use finance software.


2. Mint



Keep track of your money and expenses with Mint. To improve your finances, you can have the software pull in your bank and credit card information to look at your spending and figure out where you can cut back, and you can do this for free! Mint lets you set up alerts for due dates and low balances, so you don't forget. Keep track of your money this way. A lot of money could be taken from you if you don't pay your bills on time. These things help you avoid this.


3. YNAB


Use YNAB, which stands for "You Need a Budget," to learn more about money as you manage your monthly budget. It gives you tutorials as you make your budget and keep track of your money daily with the help of the finance software. They will help you with some of the more difficult parts of the capital. To break bad money habits, you can follow some simple money management rules with YNAB.


4. Mvelopes


Traditionally, you put money in envelopes to keep track of your money. This helps you keep your money in check. Finally, when you've broken down your budget, you put each amount of cash in a separate envelope. What if you want to spend $100 on gas this week? It's in a "gas" envelope. Once you spend $100, that's it. There's no more. When you use Mvelopes, budgeting works the same way, but you don't use real money. You can do it on your cell phone or computer, as well.


5. TurboTax



During tax season, TurboTax can be very useful. However, even though it's one of the more expensive tax preparation tools, it is very easy to use. A tax preparation tool walks you through the process to make sure you file your return correctly. Getting your W-2 information from your employer or taking a picture of it and then filling in the form is easy. You can also fill in the condition yourself.


6. FutureAdvisor


Financial advisors can be found through FutureAdvisor, which is an excellent place to start if you want to get in touch with them for a low price. People who use investment software get personalized advice on how to spread out their portfolios. Following or not following these ideas is up to them. It's possible to sign up for the software if you have at least $5,000 that you can invest. Every three months, FutureAdvisor charges 0.125 percent of the money you put in your account. This is a flat fee of 0.5 percent of the money you put in your account.


7. Personal Capital


When you manage your money with Personal Capital, you can do it all from the same place. There are places where you can add all of your bank accounts, credit cards, and investment accounts to get a complete picture of your finances. As most of us do these days, we have a lot of different accounts, like most people. Personal Capital can help you avoid switching between screens to figure out where you stand.


Conclusion


The good news, many budgeting software programs make it easier to make a budget, and there are many different types of programs you can choose from. Some also have extra features, like checking your credit score or keeping an eye on your savings. We look for the best personal finance software based on how easy it is to use and how many features and tools it has. You can manage your money while on the go because many people don't have much time.

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