Basic Financial Management Software
While everyone can do with becoming better organised financially, few people are financial experts. A lot of the software on the market needs a lot of expertise in finance. In between the free financial software and advanced packages is the basic financial management software. These packages perform the basic tracking and reporting required by 99% of people. Some of the features common in the basic financial management software packages allow tracking of:
- Account balances
- Past Transactions
- Future transactions such as bill payments
- Forecast cash flow
- Reporting based on transaction categories
If you're interested in a basic financial management package then try one for free before buying it. Most bsic financial management software packages allow this.
Some basic financial management software packages include:
Mint
- Online account tracking
- Free
- No downloads
- Mint sends email/sms updates and reports
Quicken Online
- Online account tracking
- Monthly subscription charge
- Free trial available
Microsoft Money Essentials
- Software runs on your pc
- Free trial available
- Monthly subscription charge
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