Personal Finance Software.....?
Discussion
I've used MicroSoft money for years but it's no longer supported and I wondered whats (if?) better out there?
It's used for personal finaces...credit cards, bank accounts, few shares, etc, etc - I also use it (as a seperate file) for my small business - which has VERY simple financial needs. i.e a few direct debits, a single income source and then pay and divs for two staff.
Any thoughts?
It's used for personal finaces...credit cards, bank accounts, few shares, etc, etc - I also use it (as a seperate file) for my small business - which has VERY simple financial needs. i.e a few direct debits, a single income source and then pay and divs for two staff.
Any thoughts?
Paddy_N_Murphy said:
I have one or more savings accounts with Egg.
They - with some setting up - have an ability to cross pool all online accounts.
I can view mine, the Joint Account, Company CC, Savings, Isa's, Current accounts etc etc all on the one page.
One total for the amount of personal credit or debt owed.
tis Good.
Have you read the T&Cs - you have to agree to let them look at your other accounts to see how much money you have and what you use it for.They - with some setting up - have an ability to cross pool all online accounts.
I can view mine, the Joint Account, Company CC, Savings, Isa's, Current accounts etc etc all on the one page.
One total for the amount of personal credit or debt owed.
tis Good.
A bit much for me.
fair enough
OP- you could have a look at www.moneydashboard.co.uk- they are quite good- you have to be comfortable with the product they are offering and their level of security. They have only just started so they are bit clunky at the moment- would expect them to improve with time. Think they are basing their offering on www.mint.com which is a gret site, but totaly US-centric.
Would also like to know of anyother options you find as i'm still looking for somethign that would work better for the missus and I- especially in respecte of budgeting and suchlike!
OP- you could have a look at www.moneydashboard.co.uk- they are quite good- you have to be comfortable with the product they are offering and their level of security. They have only just started so they are bit clunky at the moment- would expect them to improve with time. Think they are basing their offering on www.mint.com which is a gret site, but totaly US-centric.
Would also like to know of anyother options you find as i'm still looking for somethign that would work better for the missus and I- especially in respecte of budgeting and suchlike!
I have just started with Money Dashboard (bit weird giving it all your passwords!)
Problem is it is very good at gathering your info but seems to have no option to tell it what your bills are (in any detail) ...sure, you can say you expect to pay £400 this month on car lease, etc....but with "proper" software like MS Money i could tell it exactly how many instalments there would be, what day they would be collected, etc....and then spot shortfalls down the line.
I need MS Money with the "info gathering" of Money Dashboard.
Problem is it is very good at gathering your info but seems to have no option to tell it what your bills are (in any detail) ...sure, you can say you expect to pay £400 this month on car lease, etc....but with "proper" software like MS Money i could tell it exactly how many instalments there would be, what day they would be collected, etc....and then spot shortfalls down the line.
I need MS Money with the "info gathering" of Money Dashboard.
pugwash4x4 said:
Tiggsy said:
I need MS Money with the "info gathering" of Money Dashboard.
mint.com in the states does exactly that- seems like we don't have that option in the uk though 
It still doesnt seem to allow for the adding of upcoming bills.
For example.....I want to tell it my council tax DD only runs for 10 months of the year and/or that my buy now pay later TV deal means i need to allow for a one of £2k payment in Nov - stuff like that....so I can forcast properly. Should be so simple....sort of thing MS Money or Quicken used to do. Happy to pay for the service.
For example.....I want to tell it my council tax DD only runs for 10 months of the year and/or that my buy now pay later TV deal means i need to allow for a one of £2k payment in Nov - stuff like that....so I can forcast properly. Should be so simple....sort of thing MS Money or Quicken used to do. Happy to pay for the service.
jon- said:
pugwash4x4 said:
Tiggsy said:
I need MS Money with the "info gathering" of Money Dashboard.
mint.com in the states does exactly that- seems like we don't have that option in the uk though Hopefully they'll add some more budgeting tools and perhaps a way of forecasting cash over the coming months.
Tiggsy said:
for now i've gone with dashboard over love money because it seems you cant edit tags on love money - so i cant (for example) have fuel for one car and fuel for the second car - you have to use the default. Pity, because otherwise its far clearer than dashboard
yeah i had that issue too- but its so hard getting information out of moneydashboard at the moment. Moneydashboard does have better budgeting tools too (well it allows more complex budgets anyway, its still impossible to read the results of anything)CaptainSlow said:
What do these applications actually do?
They pull all your online accounts into one place. Thats all they do well - beyond that they have variying success at letting you "tag" each bill so you can see what you spent on, say, food.What they cant do...and what is far more usefull....is let you record what you are DUE to pay. Its no use being able to see a pretty chart showing you spent £21 on DVD's this month when you only planned to spend £20 - yet you have no way or recording that your mortgage is due in 2 days and it will put you £2k overdrawn!
Tiggsy said:
CaptainSlow said:
What do these applications actually do?
They pull all your online accounts into one place. Thats all they do well - beyond that they have variying success at letting you "tag" each bill so you can see what you spent on, say, food.What they cant do...and what is far more usefull....is let you record what you are DUE to pay. Its no use being able to see a pretty chart showing you spent £21 on DVD's this month when you only planned to spend £20 - yet you have no way or recording that your mortgage is due in 2 days and it will put you £2k overdrawn!
CaptainSlow said:
Yeah well they're pretty useless then. I use an excel sheet to do a full month forecast of expected income/spend to derive the projected end of month position.
depends on how complicated your life is though- i know what my bills are every month, and thus konw our disposable income. I also know my budget on a weekly basis for what i spend my disposable income on. Keeping track of anything else isn't that hard!Gassing Station | Finance | Top of Page | What's New | My Stuff