Personal Financial Statement Software Romeo And Juliet Essay Introductions
With your budgets and savings goals shown in bar graphs like the one above, it’s easy to log in and make on-the-spot financial decisions.
For instance, you can pull out your phone at the grocery store, look at your grocery budget, and decide whether to splurge on the rosé or stick to the bottle (without doing any frantic mental math).
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.
It asks you to allocate all of your income: First, cover your immediate expenses; then, once those are taken care of, money goes towards next month’s expenses and savings goals.
There’s no discretionary cash left sitting around — which means you won’t be tempted to spend it frivolously.
We pulled the data on every personal finance program we could find — 36 in total — then whittled down the list to the top-performing five based on security, functionality, device compatibility, and customer support. Then it pulls two months’ worth of transaction history and begins categorizing.
Intuit’s products (the other being Quicken) nail down transactions better than any other software we looked at.
It gives you deep insight into your own habits so you can check in and make adjustments if need be.
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.
Quicken will cost you between and annually, depending on your operating system.
If you’re on the fence about taking that leap, Quicken offers a 30-day money-back guarantee, so you can take the software for a spin and see if Intuit’s tools work for you. While it has a decent rating on the Apple app store, it earns an abysmal 2.7 rating on over 2,800 reviews in Google Play.