Money Software Review

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Why Purchase Money Software?

While the world's economy often feels unstable, we all still long for personal financial stability. When we receive bank or credit card statements, many take a quick glance, knowing exactly what the statement will read while others pour over the numbers, agonizing over the student loans that still need to be paid off or the balance on the credit card that seems to be ever increasing. Money software is the key to setting and maintaining a budget by keeping track of every single transaction, including those made via credit or bank cards. Money management software can keep track of your personal investments and all your banking needs; it can even help you track your finances by creating weekly, monthly and annual reports with all increases and loses.

There are many free web-based services that promise the same results as money software. There is one huge difference between web services and software, however, and that is security. With any financial application, web-based or software, account numbers and passwords must be given for all account transactions and additional information is necessary in order to track and calculate results. With web-based services, all of your data is stored to their server and may be solicited to third-party companies.

Money management software, like Quicken Starter Edition 2011, YNAB and Moneydance, is downloaded and installed onto your personal computer, which is password protected. In addition, many software applications also have backup and archiving systems that are also password protected. When inputting all of your account information into a financial application, having that sense of security is extremely important.

In this site, you will find additional articles about money software as well as individual product reviews of the best budget software that will help you find the perfect money management software for you. At TopTenREVIEWS We Do the Research So You Don’t Have To.™

Money Software: What to Look For

There are many budgeting software applications on the market today, and TopTenREVIEWS has researched and chosen the top money software packages that provide a user-friendly interface and allow the management of your accounts, investment, financial goals and tax information to be a simple process that's easy to understand.

Ease of Use
When keeping track of all expenditures from your four credit cards, two checking accounts and multiple investment accounts, there is no room for error. Money software must be extremely easy to use, allowing you to set up accounts, track transitions and see detailed reports.

Banking & Bills
To be a savvy saver, your money software must have banking and bill features, including online banking, a bill pay service and the ability to import all account data including transactions right into the software. The best software allows you to manage not only your savings and checking accounts but also your credit card, mortgage and loan accounts. Having the option to write and print checks (for an additional cost) is also an added convenience. Many software applications cater to international accounts by providing up-to-date currency exchange rates.

Reporting
Where is all my money going? This question can be easily answered through pie charts and line graphs included with money software and that illustrate cash flow, personal investing and all additional transactions. Having the ability to see exactly where your money went is essential when trying to decide where to cut back in order to save.

Tax Options
A few of the money management software applications we reviewed provide the option to export reports or information to tax programs such as TurboTax. When tax season comes around (as it inevitably does) you will have a head start with accurate information in hand.

Archiving & Security
Your account numbers, bank information and personal information are all used to set up and manage accounts within money software. Security, in the form of password protection, is an extremely important feature for your budgeting software to provide. Having the ability to automatically back up your files and archive them to a particular folder is also important, especially for tax purposes.

Help & Support
The best money software applications offer so many tools and functions that they must provide an online user manual, customer forum, email support system and even an integrated help section in order for all of your questions to be answered in a timely manner.

Personal Investing
Not all money software applications offer personal investing options. There are some, however, that do provide their users with the tools needed to manage stocks, bonds, mutual funds, 401K, etc.

In order to reach that financial stability we all yearn for, budgets and financial goals must be set. Money software is the tool needed to help you reach those goals and finally pay off student loans, save for your first car, set aside money for retirement or a child's tuition, or be able to finally start a family. You work hard for your money; now, let your money work hard for you.

 
 
Software » Finance & Accounting » Money Software Review
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Rank #1#2#3#4#5#6#7#8#9#10
10-9  Excellent
8-6    Good
5-4    Average
3-2    Poor
1-0    Bad
Quicken Starter Edition AceMoney Moneydance YNAB BankTree Simple Home RichOrPoor iCash BudgetExpress PiggyBob Premium
Quicken Starter Edition AceMoney Moneydance YNAB BankTree Simple Home RichOrPoor iCash BudgetExpress PiggyBob Premium
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Lowest Price
Visit Quicken Starter Edition 2011
$39.95
Visit AceMoney 4.11
$34.99
Visit Moneydance
$49.99
Visit YNAB 3
$60.00
Visit BankTree Personal Finance Software 2
$41.00
Visit Simple Home Money Management G3
$29.95
Visit RichOrPoor 3.2
$29.95
Visit iCash 7
$49.90
Visit BudgetExpress 3
$27.99
Visit PiggyBob Premium 3
$19.95
Ratings
8.63
8.55
8.53
8.50
8.20
7.98
7.60
4.75
3.63
2.75
10
9
8
7
6
5
4
3
2
1
9.38
10.00
9.38
9.38
10.00
9.38
0.00
8.75
8.38
8.13
5.00
10.00
9.38
8.75
8.13
8.75
8.13
6.25
10.00
8.13
10.00
10.00
10.00
10.00
1.25
9.38
10.00
0.00
8.75
7.50
9.38
0.00
8.75
8.75
8.75
9.38
8.75
7.50
5.00
10.00
7.50
3.75
8.13
8.13
7.50
5.00
8.75
8.13
5.00
6.25
3.75
5.00
0.00
6.25
8.13
0.00
5.00
3.75
2.50
0.00
5.00
6.25
0.00
3.75
3.75
3.13
0.00
0.00
4.38
0.00
 
Banking & Bills
Import Account Data
 
 
Online Banking
 
Bill Pay Service
  
   
Split Bills and Expenses
 
   
Categorize and Track Spending
 
Standardize Payee Names
 
 
 
Budget Expenses
Connect to Bank and Credit Unions
    
Manage Extracurricular Accounts
 
   
Exchange Rates  
 
    
Sync with iPhone   
      
Reporting
Cash Flow Reports
Personal Investing Reports
 
  
Tax Reports
    
  
Graphs (Pie, Line, Bar)
Net Worth and Balance Reports
 
Finance Calculators
 
   
Export to PDF
  
      
Export to QIF
 
  
 
Export to CSV  
     
Tax Options
Export to Tax Program
         
Other Tax Options  
  
   
Archiving/Security
Backup and Restore Data
 
Archive Data
 
    
Password Protection
 
 
Help & Support
Online Manual
  
  
Tutorials
 
 
  
Email/Ticket Support
Live Chat Support
         
Forum
  
  
In-Software Manual
 
 
 
FAQs  
Personal Investing
Import Investment Account Data  
 
   
Portfolio Manager  
 
 
   
Download Stock Quotes  
       
Displays Stock History   
 
     
Supported Configurations
Windows 8
  
  
Windows 7
 
  
Windows Vista
Windows XP
Macintosh