The Best Personal Finance Software for 2018
Below is my review of the top personal finance software product for 2018. This is a popular product which has continued to thrive and grow in popularity over the last few years. Personal Finance software makes budgeting and tracking expenses easier for the average every day person and can account to a huge time savings for those who are looking to track expenses and budget. The below is highly recommended.
Personal Capital consolidates your financial accounts into one place. After the software connects all of your financial accounts, it will provide a comprehensive review and provide advice and/or recommendations.
Personal Capital is even more comprehensive than Mint.com’s software. In addition to a budgeting solution Personal Capital offers retirement and investment recommendations, and thus takes it a step further than Mint.com.
Personal Capital is a Registered Investment Adviser (RIA) with more than $6.5 Billion in assets under management and over 1 million users.
Similar to Mint.com you first register and account, enter your financial account information, and the account information will then update automatically every day when you sign in. The site provides a series of tools and charts to analyze your financial data to help you stay organized and make sense of the overall financial picture. The site will maintain information about your Income, Expenses, Budgeting, Retirement Savings, Investments, etc. Here is a list of some of the positive and negatives for this software:
- User friendly
- Comprehensive, detailed account analysis
- Investment Management Fees
Overall, this is a very user friendly budgeting and investment software that is highly recommended and can be useful to help give anyone extreme insight and knowledge as to their present financial picture and allow them to get on track, set a plan to start reducing debt and increasing assets. If you are presently not keeping track of your finances or unclear on your overall financial picture, or have been doing so in some form, but would like a more detailed view of your finances and some financial recommendations for your retirement assets, this is the product for you. Click on the retirement planner below to go check it out first hand and use the retirement calculators.