Powerful Personal Finance Software

There are several personal finance software I know but here is a list of factors I have discovered that make the GPS personal finance software the most outstanding one. This software offers four modules that basically answers the major areas that influence your personal finance status.

“THE BIG PICTURE”. This module answers questions such as:

* How much long your money will last?
* Will you run out of money before running out of life?
* Can you really afford to retire?

All these questions and more are professionally answered for you before you can make your decision on personal finance.

“THE GAP ANALYSIS” is the second powerful module that helps you understand your spending habits so you can put your retirement plan in place by closing your financial gap and moving closer to security.

“REPORTS” is the third module to help you point in the right direction. I really benefited from this because I could keep track of my records. This personal finance software keeps daily transactions, reconciliations, etc., in one place. I have found this personal finance software user friendly since anyone can manage it without any special experience required.

“DEPT MANAGER” is another useful tactic that gives you the ability to prioritize debt and establish pay off tactics. In addition, you will be able to identify any surplus dollars in your budget that are available.

I recommend this Personal Finance software because it can work with any financial situation that you may have.The simple set up will allow you to categorize and track expenses, organize debt, build budgets, identify net worth, create a retirement savings plan, etc. Whether you are just getting started on your career path or are close to retirement, Financial GPS is made for you!

This Personal finance Software comes with extra FREE Bonuses such as

* FREE Customer Support
* FREE LIVE Classroom Training
* FREE Video Tutorial Training
* FREE Subscription to “Your Future” Newsletter
* FREE Exclusive E-Book Entitled “Principles for Prosperity” (This e-book is jam packed with topics such as various Beliefs on Money, Financial Tracking, Net Worth, Cash Flow Management, Budgets, Debt Assessment, Debt Reduction, and more! )

I have also included information on system requirements for this software below:

System Requirements:

– Microsoft Windows 2000 with Service Pack4
– Microsoft Windows 2003 Server
– Microsoft Windows XP with Service Pack 2
– Microsoft Windows Vista

Minimum Hardware Requirements:
– CPU: Pentium II or Higher
– RAM: 128 MB
– Hard Disk Free Space: 450 MB

Personal Finance Software – Choosing the Best

Budgeting can be frustrating. It can be hard to keep it organized and maintained. Using personal finance software can help keep your budget straightened out. It helps keep everything organized and easy it is easy to use.

Personal finance software goes beyond the typical budget you may have. Personal finance software allows you to track your spending, track your investments and even figure out and compare long term financial prospects, like loans.

You can make charts so you can see your budget at a glance. You can also figure just about anything mathematical because the software does all the work for you.

To use personal finance software all you need to do is insert your information one time then the software will prepare your budget for each month or as you need it with all your information right there.

You can even use the personal finance software to set up a plan for a goal. You can easily track it and watch your progress. It will help keep you on track to your personal finance goals.

When choosing personal finance software you should first ensure that it is compatible with your computer and operating system. You should also make sure that it is easy to use and that you understand all of the functions and can use the program without a lot of hassle. Remember the idea of using personal finance software is to make budgeting easier.

Personal finance software comes with many features that can make it even nicer to use. Look for some of the following in the personal finance software program you choose:

– Automation – You want a program that is as automated as possible. This will cut down on the work you have to do.

– Pre-made forms – This means you have everything pre-made for you and you do not have to do anything except enter your information.

– Loan calculators – These are nice because they let you input information on different loans so you can compare and easily see which would be the best option.

– Internet compatibility – Being able to sync with the internet will allow you to keep up with your internet banking, including paying bills.

Personal finance software can make maintaining and using a budget simple. It can take the headache out of trying to manage your finances and put you back in control over your money.

The Best Personal Finance Software Available

I have recently been introduced to a brand new software application that helps you to take control of your personal finances. Simply setting up a budget to compare income and expenses can be the first step on a journey that will result in building data you can use to manage the key financial decisions in your life. It’s ease of use and product support make it the best personal finance software you can buy.

The different stages of family life tend to lead to changes that will have a big impact on household expenditure, like having a baby, getting married, changing schools, or children leaving school to go off to university.

Household income can change dramatically too. During the recession many adults in the UK have been made redundant, or have had to reduce hours and accept pay freezes to stay in a job. Of course Income can also increase through windfalls, promotion, and changing jobs, etc., all opening up new opportunities!

The ideal accounting software should be simple to use, but also a very powerful tool to look at the year ahead. You should be able to create and save as many budgets as you like to look at all of the possibilities, and even to consider ‘what if’ scenarios. The budgeting tool is intuitive and powerful in home accounting software.

Inserting an annual total for an account which will be evenly distributed throughout the twelve months of the year or you setting up a distribution for each account using a slider, or input the figures manually if you prefer. You should be able to have as many accounts as you like and you can have accounts within groups and sub groups according to the structure that reflects your needs. As you populate an account you should see the group within which the account resides changing to reflect the sum of all of the parts. You can then look at your budget at a simple macro level or expand the chart of accounts to show all of the parent and child relationships within the Groups at the micro level! Remember the devil is in the detail!

Once you have built a budget to mirror your chart of accounts you can then track actual income and expenses against it. If you have forgotten to budget for certain income or expenses it is very easy to edit your budget or you can refine the budget when you come to create it for the next 12 months. If you are happy with your budget and don’t want to make any changes then you can lock it. At the end of year you can archive it which means that you can still access it to review your financial history.

If you find your planned expenditure exceeds your income having all of your expenses presented in one view allows you to plan a course of action that can lead to positive change. It has long been said that ‘what gets measured gets done’. By looking at the budget you can rank the essential from non essential expense categories and make some decisions to change the status quo before your finances become unmanageable. You can also target certain areas for cost reduction. There are so many price comparison websites that allow you to check out the best deals around. Don’t forget that if you budget to reduce energy costs based on a pitch from an energy provider, with a good home accounting package, you will be tracking actual expenditure against your budget and can check to make sure that the deal really was as good as it was made out to be. If not you’ll be ready to check the market again!

If your income is increasing then a budget allows you to plan for extra treats and luxuries and/or forecast how much surplus income you will have at the end of each month/year, after all of your financial commitments have been taken into account. Perhaps this is money that you want to pay into a tax free or long term savings account or use to pay off your mortgage?

Setting a budget puts you in control of your finances leaving you to enjoy the important events in your life.

Such a software is Home Accountz – a multi platform personal accounting software package that will run on PC, Mac or Linux, can be installed on up to two computers and I think, the best personal finance software for the money.