I'm using an invoice system built in my client's management script. also my accountant takes care of everything for me
I'm wondering how many NetBuilders are using personal finance software? The software that manages all your earnings, costs in real life and could help you. I had to make a tool for school in Excel that had to include many of the stuff these programs have and they actually all beat my simple excel sheet But it ain't finished yet, so it might get better -- I need to finish my last year, so I'm doing my very best
Anyways, who uses personal finance software or ever used it? Why? Does/did it help or not?
Here are some examples (with their price next to it, based on the lowest possible licence to buy):
Mint - Free
FinancesSoftware - 24,95$
SimpleHomeSoftware - 29,95$
Quicken - 59,99$
YNAB - 59,95$
Last edited by Aquarezz; 24 October, 2010 at 22:00 PM.
I use Quicken, Quickbooks, and 2 CPA's.
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I have never used any finance software. Not making enough money to worry about that at this moment.
At what point do you suggest it is time to start?
There isn't really a starting time, the thing is that you face the facts when using software like this. When you see you're having that many costs, you might think twice about renewing a domain that you won't be using for 5 more years and maybe even never. It may also be the time where people start understanding that HostGator hosting is expensive, you're better off with cheaper hosts if you can actually trust them (For example my cheap shared hosting )
Quicken is for personal finances and budgeting throughout the year. I can probably do without it. It's easily to lose track of where you're spending money. Quicken downloads my bank account information and automate the categorization of my spending. This allows me to create a budget that not only helps me live within my means, but also records my tax-related information (brokerage, charities, interest, FSA, 401k, etc) for easier processing during the tax seasons.
Quickbooks is my business finance and budgeting software. It keeps each of my business purchases and transactions tidy and documented so I don't have to jump through hoops to get my business accountants the information they need at the end of the year.
CPA1 (Certified Public Accountant) - lives in the US and handles my US business, properties, and personal taxes.
CPA2 - Lives in Singapore and handles my Singaporean personal and business taxes.
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Aquarezz (26 October, 2010)