Personal finance software for Windows can benefit you in numerous ways. These budgeting software helps you to master the basics as well as manage your money more efficiently. A reliable finance software app can also help you to meet your future financial goals. Some of the best finance apps can even assist with investment portfolio management. Others can allow you to navigate budgeting and track expenses proficiently. Therefore, it is very important to choose the best budgeting software as per your needs.
Here are some of the top finance software for better money management. The list below includes paid and free Windows finance apps to meet your diverse goals. Make sure to choose one based on your financial requirements and objectives. This comprehensive guide covers topics such as Best personal finance software, Free personal finance software, and Budgeting Tools
Windows Personal Finance Software
One of the most widely used Windows financial software programs is Quicken. It enables you to control a number of operations, including budget creation and debt management. The financial program can also be used to establish your savings objectives. It can also be a very useful tool for tracking investments.
Quicken allows you to export budget reports as Excel files. By doing extra calculations on the data, this aids. Furthermore, you can schedule bill payments using the finance program. There are methods for keeping track of the exact value of your current assets. There are numerous choices for financial reporting.
The best personal finance program, Quicken, may also be a trustworthy corporate tool. Even managing property is something you can do.
- Pricing starts at $34.99
- View balances, budgets, accounts, and transactions at one place
- Supports direct bill payments
- Numerous financial reporting tools
- Check investment performance
A free spending monitoring and budgeting tool is Mint. On the web-based platform, making different budgets is simple. Taking into account your spending, this provides you with the greatest money management advice. On the Mint website, you can also access a credit score checker.
Using Mint, you can examine all the pertinent bank and credit card data in one location. This makes it easier to evaluate your spending and identify areas for cost-cutting. The app allows you to set up alerts for bill payment due dates. You can even keep an eye on low balances to be more accountable.
Budget categorization is also supported by Mint. This makes it easier to get up-to-date information on your spending. A particularly flexible software platform is Mint. Even businesses may track their accounts easily with its aid. It’s also compatible with iOS and Android devices. For Mac users, Mint QuickView is the exclusive app.
- No subscription required
- Best personal finance software for beginners
- Reliable expense tracking functions
- Allows viewing banking and credit card information on a single dashboard
- Alerts for bill payments and low balances
The greatest financial app for effectively managing your monthly budget may be YNAB. Additional tutorials in the app might help you become more financially literate. By doing so, you can take on difficult financial domains with ease. It’s a terrific technique to assess your spending patterns and establish better money management guidelines.
To check your expenditure data, you can connect the app to your bank account. This makes it possible for you to keep better track of your spending. It even aids in determining whether you are overpaying. However, YNAB does not offer an investment tracking feature. However, it can be a very useful tool for managing personal finances.
You can also use YNAB to plan ahead for significant costs in the future. You may handle the matter in this way without ruining your budget. With better financial management abilities, you can also be prepared for the unexpected. A 34-day free trial is available to test out YNAB’s features. Additionally, it offers students a 12-month free trial.
- Pricing starts at $11.99 per month
- Free trial available
- Robust expense tracking
- Best budgeting software for students and learners
- Easy bank account syncing
The greatest personal finance program for Windows users is GnuCash. Additionally, it works with Linux and Mac. It is incredibly simple to use and has a free license for accounting software. However, it has a lot of strong qualities. Using the app, you may manage your bank accounts, stocks, earnings, expenses, and more.
GnuCash can be used most effectively as a checkbook register. The professional double-entry accounting principles are the foundation of the Windows financial software application. Thus, accurate reporting and balanced books are guaranteed. You may check your financial statistics using a variety of reports. Additionally, GnuCash offers numerous effective accounting solutions for small enterprises.
With GnuCash, you can handle clients and suppliers, invoices and bill payments, and much more. You can manage your employees’ paychecks with it as well. There is also an Android companion app for it. This makes it an excellent tool for on-the-go spending tracking.
- Free to use
- Best budgeting software with double-entry accounting
- Small business accounting tools
- Checkbook-style accounts register
- Accurate reporting and balanced books
A straightforward envelope budgeting application is Mvelopes. It enables more effective money management and budget adherence. Your budget might be divided into multiple envelopes for various types of expenses. This will enable you to keep track of your spending and reduce prices if necessary.
Your bank accounts can be quickly linked to Mvelopes. This makes it easier for you to rapidly establish an envelope budget online. The software also gives you access to interactive reports. The three available plans are Basic, Plus, and Complete. You can begin managing your money with the Basic plan. You can choose Plus or Complete if you want more useful features. Mvelopes Personal Finance Trainer and Mvelopes Learning Center are accessible to you through it.
A 30-day free trial is offered with each Mvelopes subscription level. So that you can review the features offered before committing to a specific package. In any case, Mvelopes will make it simple for you to reach your financial objectives. Auto transaction importing and account balance monitoring also keep you informed.
- Pricing starts at $6 per month
- 30-day free trial available
- Automatic transaction syncing
- Access to Personal Finance Trainer and Learning Center
- Interactive reports
One of the greatest budgeting programs for filing taxes is TurboTax. It is incredibly user-friendly and provides powerful capabilities to support proper tax return filing. You may quickly upload a picture of your W-2 or integrate its data into the app. Your tax information will be entered into the form as a result.
More than 350 tax credits and deductions are investigated by the software. This aids in locating all tax benefits for which you are eligible. You can then file a tax return and receive the biggest refund possible. Additionally, TurboTax provides a free version. It may be the best option for filing your straightforward federal and state tax taxes. Your personal data will be stored by the software for later use.
There are numerous paid subscription options for TurboTax. They are made for all investment tiers and asset classes. The app also allows you to automatically import transactions. This facilitates accurate reporting of investment income. A CPA or Enrolled Agent might be contacted as well if you want to receive specialized financial guidance.
- Pricing starts at $60
- Free edition available
- Best personal finance software for tax preparation
- Easy to find tax deductions and credits
- Step-by-step guidance for filing your tax return
BlackRock’s FutureAdvisor is a reasonably priced Windows financial program. DIY investors who want to diversify their portfolio are best suited for it. To register for the finance app, you must have at least $5,000 in investable assets.
For a set annual fee, you can utilize FutureAdvisor to manage your investments. Typically, this is set at 0.5% of the managed assets annually. You can get algorithmic investing advisory services from FutureAdvisor. The transferred assets are consolidated into Fidelity and TD Ameritrade accounts. For simple management, you can select any of those options when setting up your account. Direct fund deposits are also a possibility.
When you open an account with FutureAdvisor, three different investing goals are available. This covers investment generally, significant purchases, and retirement. You can select one based on your financial requirements. Your bank accounts can be connected to the software as well. You will receive suggestions based on your goals and portfolio as a result.
- Fixed fee for managing assets
- Integration with Fidelity and TD Ameritrade
- Best finance app for DIY investors
- Different types of investment goals
- Personalized recommendations for better asset management
A comprehensive personal finance software tool is called Personal Capital. You may use a single dashboard to handle all of your financial accounts. Your bank accounts, credit cards, mortgage accounts, and other accounts can all be linked to the app. You get a thorough view of your financial situation through this.
Personal Capital also allows you to link several accounts. It saves you the trouble of having to constantly flip between displays to monitor your spending. On the app, you may also get tailored financial guidance for your financial objectives. To do that, though, you’ll need a portfolio worth at least $100,000. Additionally, there will be a fee for financial counselors’ services.
You can create and manage your budget while on the road with Personal Capital. Additionally, it makes it simple for you to keep track of your investing and retirement goals. You also acquire in-depth knowledge to develop a tailored, tax-efficient financial strategy. Mobile devices running iOS and Android can access Personal Capital. Additionally, Apple Watch integration is supported.
- Annual management fee starts at 0.89% of the funds
- Best personal finance software for a complete view of financial accounts
- Easy to create a tax-optimized financial plan
- Great retirement planner tools
- Compatible with Mac, Windows, Android, and iOS
The finest budgeting program with Google Sheets connection is Tiller. You can access all of your financial accounts in one location thanks to the innovative finance software. Your credit cards, loan accounts, investment portfolios, and more can all be readily linked.
Your financial data is extracted and transferred to a Google Sheet. This makes it simple for you to perform calculations as needed. Even better, you may access the data offline by downloading it as Excel files. Additionally, there are possibilities for selecting several templates to organize your data. By doing so, you can quickly adapt the spreadsheet to your needs.
Additionally, Tiller emails you each day with a summary of your most recent transactions. Your account balances are also included in it. This makes it a versatile method for managing your finances while on the go. Users can also access free weekly webinars with it. It can be a fantastic approach to discover how to make a budget and keep tabs on your money. The software also includes 256-bit AES bank-grade security.
- Pricing starts at $4.92 per month
- 30-day free trial available
- Best Windows finance software for beginners
- Google Sheets integration
- Lots of customization options
A straightforward desktop money management program is called Moneydance. It is mostly intended for Mac users. But it also functions on Windows and Linux PCs. With the app, you may manage several currencies as well. This makes it perfect for easily handling just about any financial task.
Moneydance’s single-window interface makes it incredibly simple to use. It provides you with a complete picture of your money, bills, costs, and more. Additionally, the finance program comes with a lot of useful functions. This involves budgeting, paying bills online, managing investments, and other things. Moneydance has excellent reporting capabilities as well.
Additionally, Moneydance has the ability to automatically download transactions from linked accounts. The app also allows you to send payments online. For simple bill settlement, it supports hundreds of financial institutions. The banking app’s account registration feature stands out in particular. It makes it simple for you to add, alter, and delete transactions from an account. However, the calculations are carried out automatically.
- Pricing starts at $49.99
- Free trial version available with limited features
- Wide compatibility
- 360-degree view of all financial accounts
- Can be used to manage multiple currencies
Factors to Consider When Choosing the Best Personal Finance Software
All types of consumers can benefit from the best budgeting software. You can effortlessly manage your finances using a budgeting app, regardless of your career. You can find several tools in a finance app to help you, from saving money to wise investing. But sometimes it can be difficult to make a decision. To make a wise choice, you need take into account the following factors.
The Finance Category
Know exactly which area of personal finance you need assistance with. Numerous Windows finance apps provide tools suited to various requirements. For example, YNAB or Mint may be the best tools for budgeting assistance. On the other hand, those who require assistance with investing should choose Quicken or Personal Capital. The greatest personal finance software for submitting tax returns will also be TurboTax.
The Level of Assistance
Determine how much one-on-one support you require from the best budgeting program. Financial adviser services could not be available on free finance apps. Nevertheless, some might tack on an extra payment for these services. As a result, carefully consider your financial capabilities. This will enable you to decide whether managing your demands requires additional insights. The finest financial app for financial adviser services may be Mvelopes. Additionally, TurboTax can put you in touch with specialists if you require any advice.
Finance software costs vary widely, and this might have a significant impact on your choice. If you have a tight budget, you can choose for a free finance management tool. In these circumstances, Moneydance and FutureAdvisor may be the finest budgeting tools. A paid edition, however, will have a lot of sophisticated features. A free trial is also available for some of the top personal finance tools. In this manner, you can preview the features prior to signing up.
When choosing Windows finance software, there may be many additional aspects to take into account. This might include cross-device interoperability, extra features, usability, and other things. Therefore, it is preferable to first thoroughly evaluate your needs before sorting the list of the top budgeting programs. In any case, the aforementioned programs are the greatest ones for users of all user types.
Best Personal Finance Software
Best budgeting app overall
With good reason, Mint is one of the most widely used budgeting programs. Among the top budgeting applications, it is unusually free to use, and it offers financial budgeting that is shared by 24 million people.
You may make a custom budget on the app, and it will then keep tabs on your spending. It analyses your spending patterns and offers suggestions on how to save more money. In order to make sure you are not paying for things you do not require, it will also examine your subscriptions. With MintSights, you may establish objectives to hit financial milestones and create a better financial base. As soon as you link your accounts, you may quickly switch between unpaid account balances, your monthly costs vs spending, and even view your free credit score. Mint works with it.
Regardless of the version you choose, BankTree offers a 30-day free trial so you can see if it’s right for you before making a purchase.
Dashboard isn’t trying to revolutionize banking or offer anything truly ground-breaking, but it is perhaps one of the best money management tools available. Connect all of your UK bank and credit card accounts, and you’ll be able to log in once to access all of your balances in one location. That is reason enough for us to suggest it.
Money Dashboard will track your expenditure and provide you with a comprehensive pie chart showing your spending on loans, consumables, transportation, and other expenses. You can quickly see your total balance and see how much cash is available in each of your accounts. You can also compare this amount to the one from the previous month.
It provides you with a comprehensive pie chart showing your spending on loans, consumables, transportation, and other expenses. You can quickly see your total balance, which details the amount of money you have available in all of your accounts. You can also compare this number to the one from the previous month to gauge how effectively you’ve been handling your money. That’s a powerful inducement.
Made primarily for Mac users (but also out on Windows and Linux), Moneydance is a desktop money management package with a very neat single-window interface. Load it up and you’ll get an instant view of your finances, upcoming bills, recent expenses and more. Click an item in the left hand sidebar and the main content changes to reflect it.
Its reporting features are quite strong if not spectacular to look at, and one of Moneydance’s most useful sections is its account register. If you’re old-school and once managed a cheque book, this operates on a very similar principle. There’s also an iOS app for logging transactions on the go, which later syncs with the software on your desktop.
Unfortunately for UK users, Moneydance doesn’t support the connection protocols used by UK banks, so you’ll need to download your transaction history manually to keep on top of it and revert to your bank’s own app to move money around. US users, however, are well covered.
Best budgeting app with digital envelopes
Cost: There is a free version with ads, or you can upgrade to an ad-free plan for $7 per month or $60 per year.
Goodbudget is a budgeting app that helps you create and stick to a budget. There is available debt tracking to keep you motivated and on track. It also helps with money management so you know exactly where your funds are and how they are performing. You will have to subscribe to Goodbudget, but once you do, you will have wide access to the app through both the web and multiple phones. This means that it is easy to share your account with others, like a spouse or family member. It helps you stay connected financially even if you are physically apart, helping to prevent miscommunications and financial mishaps. All transactions are synced to the cloud so you never have to worry about certain financial transactions going missing. Review pie charts and reports to track your spending, with generated reports to show your finances in greater detail. Digital envelopes help you categorize your finances into available funds with each envelope assigned to certain expenses. It is a visual way to improve your finances through the help of virtual tools.
Best budgeting app for investors
Cost: Personal Capital is free to use.
More than 2.8 million people utilize Personal Capital, and it is a portfolio tracker specifically designed to help with your investments, offering a unique digital approach to your personal finance. The app works with several different types of accounts, including your normal banking accounts, as well as investments, stocks, and retirement funds. The exclusive Retirement Planner tool helps you view your 401K, IRAs, and also your debt so you can have a complete, well-rounded portrait of your finances at the click of a button. The Cash Flow graph stacks your income versus your expenses for an overall financial snapshot that is easy to understand, plus there is an Investment Checkup tool that checks your investments, looking for ways to minimize risk while maximizing rewards. The Retirement Planner is an excellent option when you want to create and manage your retirement. You also have the option to join Personal Capital as an investment client so you can receive direct support from its financial advisors.
Best budgeting app for overspenders
Cost: There are three subscription plans, in addition to a basic plan with limited features for free.
|Type of plan||Cost|
|Lifetime One-Time Purchase||$79.99|
PocketGuard takes a different approach to budgeting, utilizing smart algorithms to manage and track your spending. It also monitors your bills, helping to ensure that you do not miss a payment and risk falling further into debt. There is a bill tracker and organizer available as soon as you link your bank accounts. Any subscriptions you have will be automatically flagged and built into your monthly budget. With the IN MY POCKET feature, the app will automatically calculate your monthly expenses and then advise you on what is left over to spend. It also can help you negotiate better interest rates on your existing accounts, helping you save those extra dollars. It is easy to identify what disposable income you have to spend when the app does all the calculating and reporting for you. You do not have to pay to use PocketGuard, although you will need to subscribe if you want to access all of the best features.
BankTree is more than happy to support worldwide currencies, and in fact does a solid job if you’re working simultaneously with more than one, offering balances in multiple currencies rather than rounding them off into a single total. It’s also good for keeping track of everything, allowing you to scan receipts with its mobile app and import them later on.
It’s not the prettiest software around, and it’s slightly more awkward to use than many of its more refined cousins, although BankTree does produce very neat reports which you can break down by time, or by payee. It may be worth experimenting with the free trial before you choose to invest in this one.
The desktop software comes with one year of updates and support, though you are restricted to one PC and there is a charge for any additional PC you want to run the software on. There’s also a browser-based version available.
Free Personal Finance Software
Managing your money successfully includes keeping a close eye on your expenses. One way to do that is to take advantage of free software and services. Free personal finance software can be surprisingly robust, helping you track spending, create and manage budgets, and run reports.
The creators of Quickbooks and TurboTax, Intuit, offer a free online budgeting tool called Mint. This software gathers all of your financial information and provides you with a summary of your spending, bills, budget, and credit score. You may set objectives and reminders, make your own budget, and sync your data between the web and apps. Encryption and multi-factor authentication improve security. To keep track of your money and portfolio, utilize Mint.
Access Mint via the web or phone apps for iOS and Android.
Desktop software called GnuCash has capabilities for keeping track of bank accounts, stocks, earnings, and expenses. You can run a variety of reports in GnuCash to view your financial information, which is based on double-entry accounting for balanced books. Additionally, GnuCash provides small-business accounting capabilities that enable you to manage clients and suppliers, invoice and pay bills, and even manage payroll.
GnuCash is compatible with Windows, Mac OS X, GNU/Linux, BSD, and Solaris. There is a companion app for Android that will let you track expenses on the go and later import them into the desktop software.
The top Quicken substitute, according to AceMoney Lite, is Quicken. You can control your spending, track your money in different currencies, monitor your investments, and examine your spending patterns. You can also conduct banking online. You can only have two accounts because this is the light edition; the full version supports infinite accounts.
AceMoney Lite is compatible with Windows and Mac OS X.
Along with its features for measuring cash flow, expenses, expenditures, budgeting, and net worth, Personal Capital also provides free financial software for managing investments and retirement planning. Personal Capital’s budgeting features aren’t as sophisticated as other software because it focuses on investing, showing you how your portfolio has performed over time and guiding you as you make decisions for the future.
If you’re not an investor or prefer fine-tuning your budget to getting the broad view, Personal Capital may not be the best fit. However, if you want to save for college or retirement, its free tools will show you whether you’re on track.
Personal Capital can be accessed via the web or apps for Android and iOS.
On Windows, Mac, and Linux operating systems, Buddi is an open-source budgeting program that has been multilingualized. Even if you have no prior financial experience, Buddi is designed to be simple to use and can encrypt financial data with a password.
Budgeting, account tracking, and personal finance reporting are features, but you’ll need to manually record transactions. The online user manual is simple to read and use, and free plugins provide more functions.
Buddi is compatible with Windows, Mac OS X, and Linux.
Free Budget Spreadsheets
If you don’t need fully featured personal financial software and you’re just concerned about keeping a budget, there are some great free budget spreadsheet templates you can use with Microsoft Excel, OpenOffice Calc or Google Sheets. Just download and open them in your spreadsheet software to get a handle on your cash flow.
Pen and Paper
Despite the popularity of budgeting applications and tools, all you really need to establish a budget is a pen and some paper. Writing down all of your spending, from regular bills to smaller luxuries like morning coffee or lunches, is a fundamental step in creating a budget. Next, classify those costs based on whether they are needs or wants. Add up your income next. Prioritize your priorities before splurging on wants with the money you have left over.
You will need to decide what adjustments to make if your expenses are higher than your income. Cutting out needs like eating out or a gym membership may help you balance your budget, but in some circumstances, you may need to think about making more severe adjustments.
Cash is put into envelopes that are designated for main budget areas like food, clothing, and dining out. It makes it simple to understand how much money is available for each category of spending.
According to Howard Dvorkin, CPA and CEO of Debt.com, “The envelope approach is a wonderful tool for budgeting since it pushes people to take control of their expenditures with cash in hand.” It is a sign that no more purchases should be made in that category until the money in that envelope is replenished.
Use a spreadsheet to track income and expenses in a way that is extremely customisable. Budgeting spreadsheet templates that are designed with formulas, dates, and labels are available for download, according to Dvorkin. “This strategy can make it simpler to amend a budget and track income, as well as taking the guesswork out of budget organization.”
Both Microsoft Excel and Google Sheets offer free budget templates to users. Although using the applications can need some understanding, you can also make your own. On its support page for Office products, Microsoft offers free online training courses. Otherwise, YouTube has a ton of tutorials available.
A worksheet helps reduce some of the guesswork when creating your first budget. These documents frequently include suggested percentages that show how much of your income should be allocated to each category each month.
Many businesses provide free budgeting spreadsheets online. A nonprofit financial counseling organization called American Consumer Credit Counseling includes worksheets for household budgeting, tracking expenses, and budgeting for particular needs. On its Next Step Financial Education website, Regions Bank offers free worksheets that anybody can download. These include a personal spending plan worksheet and a daily spending tracker.
According to Joye Hehn, vice president of financial education strategy and implementation at Regions Bank, “the resources and tools we offer through Regions Next Step, like these worksheets, can help people improve their financial skills, stay organized, and take the next steps to reaching their goals.”
Banking Tools and Apps
You could find free budgeting tools on the website of your bank. Among the organizations that provide clients budgeting tools that can track expenses, generate spending reports, and export data to spreadsheets or computer software are Bank of America, Chase, and even local credit unions.
According to Divilek, “At Chase, we are always improving our digital banking capabilities to help our customers make the most of their money. Customers can track their monthly spending with the budget feature of the Chase Mobile app to see how much money is left over after payments for bills and transfers.
By using banking facilities to pay bills online, spending patterns can be categorized in charts and graphs that can be utilized to establish a household budget. Additionally, banks might provide other money management tools that aren’t specifically designed for budgeting. You might be able to do things like program automatic transfers to savings accounts or sign up for low balance notifications.
Without discussing the numerous free budgeting websites and applications accessible today, no list of free budgeting tools would be complete. The most well-known smartphone and internet-based budgeting app is called Mint, and it provides a wide range of functions without charging a fee.
Users of Mint can connect a variety of financial accounts to the platform, which tracks and organizes spending. It comes with a payment tracker and bill reminders, and its calculators let users see how their choices could affect how far they get toward their goals.
Honeydue is a tool that was created especially to assist couples who are jointly managing their finances. People can link numerous accounts to the free app to share balances and expenditure data. Partners can chat about certain transactions if necessary.
Honeydue categorizes expenses for budgeting purposes to make it simple to make sure your monthly spending stays on target. Bill reminders will also be sent by the app. Honeydue also provides joint bank accounts, with deposits covered by Sutton Bank, for people who are looking for one.
SoFi Relay is another free budgeting app. It allows users to link accounts, review balances and set spending targets. It aggregates accounts and makes it easy to review spending by category.
The app also provides access to VantageScore 3.0 credit scores and makes it simple to connect with a professional to discuss financial goals and strategies. SoFi Relay users are entitled to a complimentary 30-minute call with one of the company’s in-house financial planners.
Another unpaid software for budgeting is SoFi Relay. Users can link accounts, check balances, and establish spending goals with this tool. Accounts are combined, and categorizing spending is simple to do.
The app also makes it simple to connect with a professional to talk about financial objectives and plans and gives access to VantageScore 3.0 credit scores. Users of SoFi Relay are entitled to a free 30-minute consultation with a business financial planner.
A workable budget typically requires cutting costs, and the Truebill app can assist users in finding sources of spending that can go unnoticed. Once you’ve connected a bank account, Truebill will automatically look for recurring payments like subscription fees and let you cancel them if you so choose.
Truebill can track your expenditures and build a budget based on your transactions. It might be able to reduce monthly costs for wireless, cable, and insurance payments, among others, through its bill-negotiation tool. While the software is free to download and use, if Truebill is successful in lowering a bill, it will keep 40% of your savings.
Frequently Asked Questions (FAQs)
What is the best way to track personal finances?
Apps and budgeting software make it easy to categorize your spending so you can see when and where your money is going—at a glance. Knowing these patterns is the first step toward changing your behavior to start saving more.
Is personal finance software safe?
Go with trusted brands, and you can expect the same types of firewalls and encryption that you’d expect from a banking website. It’s often the human who does something risky rather than a flaw in the software.
Use the right Personal Finance Software to help you better manage your finances. By choosing the right software, you can stay up-to-date on financial news, budget and track your stock market transactions, and invest for a better future. Additionally, using the software to improve your financial management can help you save more money each month. Thanks for reading!