Through personal finance software you can bank online, utilizing transactions, deposits and online bill pay, manage your portfolio and 401K by trading stocks, mutual funds and bonds, receive real-time stock reports, current tax articles and other information so you can wisely direct your money and make good financial choices. Then easily export your data to tax software to get the most out of taxes.
Personal financial software can provide reports and graphs, giving you a clear illustration of where your money has been, where it is and where it's going. These reports are priceless when planning your financial future.
What to Look for in Personal Finance Software
Ideal personal finance software provides ample user-friendly features that allow you to manage every aspect of your finances including your accounts, investments, future plans and taxes. The software should also provide current information on tax laws and stock reviews so you can make informed decisions. Below are the criteria this site used to evaluate personal finance software.
- Ease of Use/Installation – Personal finance software that offers intuitive navigation, user-friendly features and is easy to install ranked higher in our reviews.
- Banking/Bills – Personal finance software should include features in the area of online banking, including: electronic payments, account transactions, account reconciliation, the ability to write and print checks and the ability to exchange currencies, that make banking from your PC convenient.
- Personal Investing – Personal finance software that offers an investment feature used to get stock quotes and manage your mutual funds, stocks, bonds and 401K, so you can take care of all your investing needs.
- Financial Planning – Personal finance software that allows you to plan your retirement, purchases, taxes, lifetime events, home purchases, debt relief and other financial goals and money management concerns and provide financial calculators to help you estimate costs, plan collage expenses, savings, taxes and so on.
- Tax Options – Some personal finance software can export all of your financial information into tax software and help you find missed deductions and estimate your tax withholdings and capital gains.
- Reporting – Personal finance software that provides reports and summaries of your finances so you can plan your cash flow and invest more wisely.
