To help me keep track/cope/plan my financial future I am desperately seeking better software. I currently use Quicken to manage my finances. It functions well for online banking, but I really don’t like the budget and planning portion of the software. I have utilized spreadsheets in the past but also find them cumbersome. I have to remember to look everything up and transport it over from Quicken to Excel.
So what am I looking for in a software?
- Online banking capabilities I used to overdraft because I’d lose track when managing my account on paper. You know back in the olden days, like 1998.
- Budgeting capabilities the software needs to be really easy to use and somewhat automated
- Envelope system I need to be able to designated “cash” into specific items that I am saving for.
- Snowball analysis help me keep track of my debt reduction and forecast my payoff dates and amounts
I feel a little like I need to keep quicken because I was just forced into upgrading to the 2010 version. One day my accounts wouldn’t update with my 2007 version and the program told me I had to upgrade. I am not sure I can justify spending the money on new software, but if I find the right one or I spend time making my own database in Access, I may go ahead and do so. As I search for the ultimate budgeting tools, I’ll keep the one person who reads this informed.