Personal Finance Software
- Subscribe to RSS Feed
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
- Plusnet Community
- :
- Forum
- :
- Other forums
- :
- Tech Help - Software/Hardware etc
- :
- Re: Personal Finance Software
Personal Finance Software
27-01-2011 3:34 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Quicken Home & Business
First one I tried, big name.... seems to be dedicated totally to the United States, I couldn't even figure out where to change it to £ and it wasn't compatible with the statement (quicken) download from my bank - avoid (unless you're in the US).
Banktree Personal Finance
The interface looks pretty basic but it does seem comprehensive and allows you to make reports, it has categories and payees, even investments, with a schedule you can let it know that every month PlusNet takes out X money and something puts in X amount, I cannot however find any reference to Credit Cards where it can work out the interest due, minimum payments, things like that, it also imported my quicken and put me -£253 which I'm not, that seems to be due to no opening balance, but without the credit card, it's not as useful as I'd hope it would be.
Home Accountz
I really should discount it simply because of the spelling, but I won't. Interface isn't as friendly looking at Banktree. Importing seems to be slightly difficult in that it now says I have £1,539 which I don't, probably my fault I need to change out-goings to out-goings! Reporting looks easy enough, but it is very basic and seems overly complicated for home usage
Money Dashboard
An online application which logs into your bank for you, not for the easily paranoid! It does combine the bank with the credit card which means it's telling me I've over-spent by £463 (I bought a motorbike). Would be pretty good for keeping track of your finances but doesn't seem to be able to plan for the future, very useful if you have more than 1 bank account and credit card and want to track all your finances in one place, but unfortunately not for me, which is a shame because the interface is the best yet, even though it's a web application.
You Need A Budget
I'm not holding much promise for this, it seems again to be US centric. Ok, I'm very pleased, you can select the currency and it imported the Quicken File rather well, you can schedule and it keeps the accounts separate, so far this seems to be the easiest to use and the best of the bunch, although it can be slightly confusing, why is it not applying my income for next month and saying I'm going to over-spend, I think I'm going to play with this one a bit more as it seems easy enough to use, although it has taken into account PlusNet next month (need to add some more DD's) but not money coming in.
Any other suggestions that I've missed?
Re: Personal Finance Software
27-01-2011 3:54 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
I'm also interested as having used MS Money and Quicken.
I'm having a look at Acemoney Lite
To argue with someone who has renounced the use of reason is like administering medicine to the dead - Thomas Paine
Re: Personal Finance Software
27-01-2011 4:31 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
I like this method because you can set it up just as required with no superfluous bits. I have it password protected but I suppose that extra security could be provided by TrueCrypt or similar.
Tried MS Money a good while ago and it was way over the top for me.
Re: Personal Finance Software
27-01-2011 9:26 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
http://portableapps.com/apps/office/money_manager_ex_portable
fuller featured
http://portableapps.com/apps/office/gnucash_portable
and kept locked away on a flashdrive (or any other drive)
Re: Personal Finance Software
27-01-2011 9:59 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
I have moved it from a a lot of different machines with not much effort win 95 Win 98, Win xp and now Win 7, still with the original files from 1995 onwards
Re: Personal Finance Software
28-01-2011 7:29 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Re: Personal Finance Software
28-01-2011 12:12 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
I used to use Quicken 98, but a problem arose with dates after 2000, although I see others are still using this software. I now use MS Money. I believe neither of these packages are any longer available for UK use.
Re: Personal Finance Software
28-01-2011 12:59 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Money Dance (bear in mind I'm glancing quickly through menus) doesn't seem to have a future feature where I can say "I get paid X amount every so often" so can budget for the future, incoming, outgoings, will I be short next month. Credit card, I owe £X, I need to repay either Y% or £5, how much will be taken from my bank account next month. Simple things to allow me to budget my costs.
Next up, Gnu-cash.
Gnu-Cash, not exactly user friendly, I'm lost in a quagmire of menus.it is too complicated for my needs. Really I just want software that I can tell "I get paid X on Y, I have these bills I pay monthly, my credit card I owe X, how much do I need to pay, how much money will I have spare next month"?. I may have to take poppys advice and delve into Excel!
Confused.com seems to be in the midst of creating some free personal finance software, I've signed up to be notified, hopefully it'll be good and easy to use.
Re: Personal Finance Software
30-01-2011 3:32 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Stop using all but one credit card - you will probably find the neglected operators trying to tempt you with special offers.
Cut back to one bank account.
Anything else can be done with a very small spreadsheet.
"In The Beginning Was The Word, And The Word Was Aardvark."
Re: Personal Finance Software
30-01-2011 8:29 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Plus a tally account of Airmiles and NatWest points
Re: Personal Finance Software
30-01-2011 11:00 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Also does anyone know if any of these support importing old Quicken files?
jelv (a.k.a Spoon Whittler) Why I have left Plusnet (warning: long post!) Broadband: Andrews & Arnold Home::1 (FTTC 80/20) Line rental: Pulse 8 Home Line Rental (£14.40/month) Mobile: iD mobile (£4/month) |
Re: Personal Finance Software
30-01-2011 11:38 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
To argue with someone who has renounced the use of reason is like administering medicine to the dead - Thomas Paine
Re: Personal Finance Software
30-01-2011 12:46 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Also, what has not been mentioned above, there are versions of this for both Windows and Linux and the data files it creates can be read by either version (I'm not certain if this is applicable to the portable version mentioned above however). I run the Windows version on my Windows 7 laptop with data stored only on a removable USB flash drive which I can also plug in and read on another laptop which runs Linux Mint.
Re: Personal Finance Software
30-01-2011 12:54 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Quote from: Spider Same here, still using Quicken 98 after a very brief spelling using MS Money.
I really should have added that this is running under Windows 7 64 bit and my wife as the software running on Windows Vista 64 bit. Neither are running Quicken 98 in compatibility mode either.
Re: Personal Finance Software
30-01-2011 1:02 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Report to Moderator
Quote from: A Stop using all but one credit card - you will probably find the neglected operators trying to tempt you with special offers.
Cut back to one bank account.
I only have one bank account (technically two if you consider it switching from A&L to Santander) and three credit cards. Card one is a "credit builder" which upped my credit rating allowing me to get Card 2 which has 10% less interest and 9 months interest free credit, allowing me to switch my balance from Card 1 to Card 2 with 0% interest, letting me pay it off quicker and saving a fortune in interest. Card 3 is an emergency card which will be kept at 0% unless I really need money (highly unlikely).
When card 2 arrives I can pay off card 1 in full (hopefully) and pay the minimum on card 2 for 1 month (or 2 months, not sure what I owe on 1 at the moment 🐵 then pay off enough each month on Card 2 to make sure I have paid off (in full) the transfer balance within 9 months. Though as Card 1 has some cash withdrawals (bought a motorbike, had to pay cash) I may pay off Card 1 with Card 3 which attracts a lower interest rate than the rate for cash withdrawals. If I do that then I can close down card 1 (which classes it as settled) which then improves my credit rating even more which should in turn allow Card 2 to increase my credit limit but more importantly, drop the interest on the card.
If however I don't manage to pay off the debt in 9 months (I really hope I do) my credit rating should be high enough to get another 0% on transfer saving me the interest which currently is running at around £20 a month (I know, it's horrific!).
I could probably work it all out with a spreadsheet, giving it a few IF THEN (colour) things, and work out a budget, but then it's the calendar thing, does Excel support calendar? I'll have to check.
Using Quicken 2011, if you ignore the $ only and the US date system, it is pretty powerful, you can even do variable payments based on interest so it really is very powerful, I just wish it allowed me to change the settings to British.
/edit - downloading Quicken 98 from Inuit, see if that meets my needs! --- nope, won't install on X64 Windows, maybe they have a 64 bit version?
- Subscribe to RSS Feed
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
- Plusnet Community
- :
- Forum
- :
- Other forums
- :
- Tech Help - Software/Hardware etc
- :
- Re: Personal Finance Software