With the advancements of technology and knowledge, more and more tools are being used for managing personal finance. These tools vary from paper notebooks, Microsoft Excel sheets to sophisticated financial software such as Quicken and Microsoft Money. But the latter is more focused on small to large-scale businesses instead of personal finance.
It’s always advisable to use a software product for managing person finance as the tools save a lot of headache for you. Some of the advanced tools can automatically login to your online bank account and download transaction details for you. Now is this some thing you would expect a tool to do?
In this article, we are looking at few of personal finance management tools available for Mac OS users.
The very first tool that we are going to talk about is Money Dance. This is an easy to use general-purpose finance manager. It supports a variety of account and expense types. This tool has features related to savings/current accounts, net worth, investments, exchange rates, stock prices, reminder calendar and much more. Also, this software supports a number of platforms including Windows, Mac OS, Linux, Solaris, OS/2. Unlike most other software, Money Dance offers extensions for checking updates automatically for the software, importing text files, predicting balance, calculating credit card payoff and calculating investment profit.
The next personal finance management software, iBank 3 is one of a true Mac OS software as it was originally designed and developed for Mac. iBank includes features such as direct downloading financial information from your online bank accounts, interactive graphs describing the financial trends of your income and expenses, loan management features, stock performance graphs, tax support and standard reports. Also, the unique feature offered in the new version is obviously the synchronization support with Apple iPhone. This way, you can get in touch with your stock updates anytime, anywhere.
So, these are two of top personal finance management software available for Mac OS. There are more, but for our review, this is it. Let’s discuss about more software in time to come.