Money management software

Richie-from-the-Boro

markinyorkshire wrote: »

Can anyone recommend a good software package for personal financial management - doesn't have to be a free one. I used to use GSP Money Matters and still would if it worked on Windows 7. There doesn't seem to be any obvious market leader in the UK for this type of software. There are lots of shareware downloads on cnet.com but I was hoping for something a bit more tried and tested which is not made for the US currency and 'dollar checking accounts'. Any suggestions appreciated!

MMoney here and even cheaper here and loads here

Aiadi

markinyorkshire wrote: »

I tried the Money Manager Programmer recommended by Aiadi and it is excellent! A bit fiddly to get started but once you are up and running it does everything I need. I'm sticking with this. Thanks!!

I convert my bank statement into .csv files in the right format (fields=Date, Transaction and Amount) and then import them to MMEx and it works a treat.

23n1th

I'm still not convinced that money management software is needed. It doesn't seem to do anything that my Calc spreadsheet can't, I'd actually go as far as saying Calc is easier to use.

Richie-from-the-Boro

23n1th wrote: »

I'm still not convinced that money management software is needed. It doesn't seem to do anything that my Calc spreadsheet can't, I'd actually go as far as saying Calc is easier to use.

MMoney will :

- automatically download a list of all UK banking institutions
- automatically go to my personal bank
- automatically download my statements and rationalise them
- automatically put in the correct cheque numbers for me
- etc

All this without me having to do anything at all. This isn't a contest 23n1th its just that MMoney is a one~click~job designed for and still fit for purpose. It does several magnitudes more than the above four, but those our are what I use it for and have done since 2004 :beer:

23n1th

Richie-from-the-Boro wrote: »

MMoney will :

- automatically download a list of all UK banking institutions
- automatically go to my personal bank
- automatically download my statements and rationalise them
- automatically put in the correct cheque numbers for me
- etc

All this without me having to do anything at all. This isn't a contest 23n1th its just that MMoney is a one~click~job designed for and still fit for purpose. It does several magnitudes more than the above four, but those our are what I use it for and have done since 2004 :beer:

I'm not trying to start a contest I just couldn't understand why you'd use it over Calc/Excel.

I guess I just don't need that complexity.

I've set up a very simple spread sheet that I input all the incomings and outgoings in my various accounts on a monthly basis. I suppose if I had stock I'd look for something that updated automatically but atm I just want to keep track of what I spend and on what, and a rough guide to my spending money each month.

I guess its just down to personal preference. I'm also a little paranoid about a bit of proprietary software knowing all my account details, logins, etc but thats just me.

Richie-from-the-Boro

23n1th wrote: »

I'm not trying to start a contest I just couldn't understand why you'd use it over Calc/Excel.

I guess I just don't need that complexity.

I've set up a very simple spread sheet that I input all the incomings and outgoings in my various accounts on a monthly basis. I suppose if I had stock I'd look for something that updated automatically but atm I just want to keep track of what I spend and on what, and a rough guide to my spending money each month.

I guess its just down to personal preference. I'm also a little paranoid about a bit of proprietary software knowing all my account details, logins, etc but thats just me.

There is a~n~other way to use MMoney, my earlier description above was the way it was a one click do~it~all~for~you default install operation.

The other way, some almost 20 years I've been using it this way it is the two click method. Everything is net disabled and can't get out, yet you get the exact same functions as the one click :

- GoTo your iNET bank
- click on download transactions
- choose the ofx file option
- download to wherever on your puter
- double click on the ofx. file
- and the built in ' file handler ' puts all the items mentioned earlier in for you

The one click option takes three seconds to complete, the two click option takes five seconds to complete.

Its a bit like using the ready made windows one click do everything O/S vs the Linux :eek: big grin .. 23n1th .. .. :beer:

Dave_C_2

I already use Excel, and once a year I budget for the year ahead (take last year's spreadsheet add 365 to the date and hey presto! Instant budget for next year. Obviously make changes as required.

Month by month I move the budget amount to the main section of the spreadsheet. A lot of the changes I do "on the fly" as I am fully au fait with Excel and would not expect a novice to use this method.

But Microsoft money sounds reactive - load bank statement then it does something in the past. Can you do a similar budget exercise with MM?
I ask out of curiosity and don't want to get into an Excel/Calc/MM war

Also I use the Excel spreadsheet as a reminder of important dates birthdays, anniversaries etc.

Dave

23n1th

Richie-from-the-Boro wrote: »

There is a~n~other way to use MMoney, my earlier description above was the way it was a one click do~it~all~for~you default install operation.

The other way, some almost 20 years I've been using it this way it is the two click method. Everything is net disabled and can't get out, yet you get the exact same functions as the one click :

- GoTo your iNET bank
- click on download transactions
- choose the ofx file option
- download to wherever on your puter
- double click on the ofx. file
- and the built in ' file handler ' puts all the items mentioned earlier in for you

The one click option takes three seconds to complete, the two click option takes five seconds to complete.

Its a bit like using the ready made windows one click do everything O/S vs the Linux :eek: big grin .. 23n1th .. .. :beer:

Each to their own then I guess.

I just keep receipts and input outgoings/incomings when I'm on the computer. To me is seems MMoney is reactive a Dave says, I can predict well into the future, I'm no excel expert either.

BreamoreBoy

I can't understand M$ Money being recommended when it's no longer supported.

Richie-from-the-Boro

BreamoreBoy wrote: »

I can't understand M$ Money being recommended when it's no longer supported.

Win98 & WinXP are not supported either my friend but they still work. If you read again #19 / 23 / 26 / 28 you will see that they do continue to work in Feb 2011, and probably will do for the next third or more decade.

I hope this helps your understanding