Comparing and Contrasting Free Personal Finance Software

Posted on 20th Apr, 2017 by Barbara Davidson

You want to organize your finances, but you may not know where to get started. There are many personal finance software tools that can guide you and help you better understand your finances as a whole, but some come at a price.

There’s no need to spend hundreds of dollars on online financial software when there are plenty of free options to choose from. Whether you want to manage your money online, on your desktop or on your mobile device, we’ve got several options to fit your needs.

Features to Expect From Personal Finance Software:

Money Manager Ex

Personal finance software for desktop, also available as an Android app.

Pros

Cons

Acemoney Lite

Personal finance tracker recognized by credible sources like CNet, Consumer Reports and The Washington Post.

Pros

Cons

Grisbi

One of the original free accounting tools, Grisbi has been around for almost 20 years.

Pros

Cons

Buddi

Full of many tools to provide exactly what you’ll need (budgeting, tacking accounts, personal finance reports).

Pros

Cons

Micosoft Money Sunset Deluxes

The revamped version of the popular but now extinct Microsoft Money Plus.

Pros

Cons

GnuCash

Based on professional accounting principles, you know you’re getting a professional product.

Pros

Cons

These free personal financial software options are very thorough and take time to set up, but they’re worth the effort. Soon you’ll see how sticking to a budget is simpler than you think! Even so, if you’re looking for a more low-key start to budgeting, try our easy-to-use budgeting calculator.

About Barbara Davidson

Babs is Lead Content Strategist and financial guru. She loves exploring fresh ways to save more and enjoy life on a budget! When she’s not writing, you’ll find her binge-watching musicals, reading in the (sporadic) Chicago sunshine and discovering great new places to eat. Accio, tacos!