Friday, May 20, 2011

Personal Finance ? Is There Any Ideal Personal Finance Software ...

You can track an investment portfolio, download a financial software from the web or even use one that is entirely web based if you are comfortable enough to do this, the choice is yours. The needs of you personally will be discussed below in the guidelines for choosing the right personal finance options in software.

When you work with any personal finance software, the safety and security of your data is a major consideration. If you?re using an online program, look into what kind of security measures the service provides. You should also create a password for any such service that wouldn?t be easy to figure out. On the other hand, if you?re using a program you?ve downloaded, you want to make sure that you have backups of all your data. There?s always the possibility that a hard drive can crash, so you want to be sure to have the information stored somewhere else as well. Thumb drives or other backup devices can be used to make sure you don?t lose any vital data. Microsoft Money Plus is one of the better known personal finance programs however they have discontinued it. It?s important to know this, because you can still purchase this software online from some vendors, yet Microsoft will no longer provide support for it beyond early 2011. To make up for it, Microsoft will now offer a free program which is downloadable, called Money Plus Sunset Deluxe. This new program will be compatible with any Windows application and doesn?t command for any kind of activation however there are no online services or support with it. So if you?re hunting for free personal finance software with some helpful characteristics, you should test out Microsoft Plus Sunset Deluxe, although if you wish to have a program that includes full support you should take a look at one that you need to purchase, such as Quicken or YNAB.

Gnu Cash is a free alternative in an open source platform which can of course be used for personal accounting as well as business accounting. This can be a useful tool for keeping track of projects and customers for your home or small business.

While it has features designed for businesses, it can also be used to manage your personal budget. You can import data from other programs such as Microsoft Money and Quicken into GnuCash. This however is not the type of program you can simply use right out of the box. Many have found that it does take some time to learn how to use all of the available features of the GnuCash product.?

In the end there are bound to be one of the many software options available that fits your personal needs. You should carefully consider what you want to use the program for, so you choose one that has the right features. In this article we have hoped to bring to you enough information to help you find the right personal finance software. It is key though to get your program up and running so that you can quickly begin to enjoy the ease of keeping track of your finances.


Neil Rischall -
About the Author:

Neil Rischall is a CPA who writes about many subjects and also has web sites about taxes and employment such as W2 Form . To find out more details about how, when and where you can gain employment at these and more locations please click on the links.

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Source: http://mysurefinance.com/345/personal-finance-is-there-any-ideal-personal-finance-software/

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