personal finance software

jcosta71292

Hello guys I need a finance software so I can see where my money is going I get paid well but the more I get paid the more I spend and the more debt I have. I need to see where I can cut down.
Is Microsoft money good?

Can you guys advise me on a better software?

Thanks
John

ddoris

Just try and stop buying stuff for a month , except basics -food , fuel any necessary necessities.
You will survive and may not be all that unhappy!

Farway

jcosta71292 wrote: »

Hello guys I need a finance software so I can see where my money is going I get paid well but the more I get paid the more I spend and the more debt I have. I need to see where I can cut down.
Is Microsoft money good?

Can you guys advise me on a better software?

Thanks
John

Yep, MS Money does the job, no longer supported by MS but it still works

As other poster pointed out, the final arbiter and solution is in your hands, there is no magic software bullet

MS Money will let you see just where your money goes, only you can judge if the money was wasted or well spent, so if you spend £15 a day in Starbucks / McDonald's / Weatherspoon's etc then it is up to you to make a judgement to continue or not

ahmjt

Use free web softwares like (like moneygement, clearcheckbook etc). Leave your wallet at home when you go out!

BreamoreBoy

Why not start with the budget planner under free tools on this site, scroll down and it's on the right hand side of the screen?

nick88

I use Yodlee MoneyCenter - it's US based, but has all the UK banks too: you put in your bank username and password, and it automatically searches your transactions and categorises them, giving you some charts and statistics.

It's not for everyone - you might not feel comfortable handing over your username and password, but it's used by a number of banks in the US.

Richie-from-the-Boro

In the UK, Money Dashboard and Lovemoney have both recently launched, using Yodlee technology for their platform. However, not all PFM services have proved successful: Kublax - another Yodlee customer - folded in February after running out of cash while US pioneer Wesabe, which operated in the UK through a partnership with the Daily Telegraph, has also gone to the wall.

and

- it has promise, and is pushing hard for a UK base where it is needed. It however is a bit suss [ no more than most businesses ] on its analysis and POA terms CLAIM. So far however for a cloud based operation its customer accounts are safe .

POA as follows :

For all purposes hereof, you hereby grant Yodlee a limited power of attorney, and you hereby appoint Yodlee as your true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for you and in your name, place and stead, in any and all capacities, to access third party sites, retrieve information, and use your information, all as described above, with the full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection with such activities, as fully to all intents and purposes as you might or could do in person. YOU ACKNOWLEDGE AND AGREE THAT WHEN Yodlee IS ACCESSING AND RETRIEVING INFORMATION FROM THIRD PARTY SITES,YODLEE IS ACTING AS YOUR AGENT, AND NOT THE AGENT OR ON BEHALF OF THE THIRD PARTY. You agree that Yodlee’s third party account providers shall be entitled to rely on the foregoing authorization, agency and power of attorney granted by yo

Richie-from-the-Boro

BreamoreBoy wrote: »

Why not start with the budget planner under free tools on this site, scroll down and it's on the right hand side of the screen?

Excellent advice my friend

tvaughan

jcosta71292 wrote: »

Hello guys I need a finance software so I can see where my money is going I get paid well but the more I get paid the more I spend and the more debt I have. I need to see where I can cut down.

I use Moneydance (moneydance.com) which is full-featured, runs on PCs and Macs and has excellent support (at help.infinitekind.com/). You can download a free trial.

However, I'd recommend you try a free way of tracking your expenses first. If you're able to keep it up for a month, then consider buying something to help you do it more efficiently. Quicken, MS Money, Moneydance etc will all do the job.

moonrakerz

tvaughan wrote: »

I use Moneydance (moneydance.com) which is full-featured, runs on PCs and Macs and has excellent support (at help.infinitekind.com/). You can download a free trial.

Another vote for Moneydance.............

PZH

nick88 wrote: »

.... you put in your bank username and password, and it automatically searches your transactions and categorises them, giving you some charts and statistics.

This is a very very stupid thing to do in my opinion....

ANY fraud activity on your account and the bank will wash it's hands saying you gave your username and password out freely.......


And besides - more and more online banking does this now anyway (LloydsTSB does)