Personal Finance Management Software

I'm looking for a personal finance management software in accounting software style.

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Hi. 

Long time browser finally signed up!

I am wondering how are people managing their personal finances, in terms of budgeting, etc. I wanted to set a goal to start properly looking at my finances as a new years resolution and wondering if there is any software that feels like accounting software (double entries, reports, etc...) that helps with that as an alternative of just doing it in excel. I saw Money Manager by realbyte that looks good for it but I want to hear what others use. 

Should say in ideal it would be an android app but a PC app is fine too. ( I want to avoid the online browser apps as I prefer to have stuff saved on my devices)

I tried to search for a question like that, people recommended VT cashbook but that post is from over 10 years ago, not sure how in date that software is now but could always give it a go.

Cheerio

Replies (11)

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By James Green
08th Dec 2023 17:23

I’d still go with VT cashbook

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By Leywood
08th Dec 2023 17:25

Back of a fag packet

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Replying to Leywood:
Tom Herbert
By Tom Herbert
08th Dec 2023 17:33

Surely it's a vape packet these days?

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Replying to TomHerbert:
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By FactChecker
08th Dec 2023 18:14

Not if you're holding out against 'everything digital'!

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Replying to TomHerbert:
Pile of Stones
By Beach Accountancy
18th Dec 2023 14:33

Do vapes come in packets? Anyway, if it's a vape, isn't that in the cloud?

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By Ken Howard
08th Dec 2023 19:18

I still use VT cashbook. Yes, it doesn't offer forecasting but that can easily be done by copying and pasting reports from it into a forecasting spreadsheet. It's ideal for tracking bank accounts and investments etc to keep a personal up to date balance sheet.

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By cpavett
08th Dec 2023 23:01

For my personal finances, I use a spreadsheet. I've developed it over a few years, reconcile it to my bank account three times a month and use it to forecast my cash planning. I include a simple balance sheet with property values and mortgages, it's just for personal planning...

I find it easier to just use this than any software really.

No one else in my family is interested in adopting my system!

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Replying to cpavett:
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By FactChecker
08th Dec 2023 23:24

That's both the pros & cons of spreadsheets in a nutshell.

You can bespoke a solution that meets all your little foibles - but when you reach perfection with it, no-one else is interested in learning all its idiosyncrasies!

But, given that OP is seeking a *personal* solution, I totally agree with you.

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Replying to cpavett:
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By Cylhia66
15th Dec 2023 13:44

cpavett wrote:

For my personal finances, I use a spreadsheet. I've developed it over a few years, reconcile it to my bank account three times a month and use it to forecast my cash planning. I include a simple balance sheet with property values and mortgages, it's just for personal planning...

I find it easier to just use this than any software really.

No one else in my family is interested in adopting my system!

I vote for the use of a clever spreasheet too. It's better than any software because you can do exactly what you want with it.

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stonks
By WinterDragon
09th Dec 2023 13:28

You need a budget! (YNAB)

Doesn't quite meet your criteria of being locally saved data as it is a web based app but I quite like it for a few reasons.

It's got open banking which is rather useful for my personal finances as I mess around with switching bank accounts and keeping a track of every transaction would be a pain. For institutions that don't support open banking you can do a file import or manually type them in. You can use a totally custom chart of accounts with different types of accounts for different targets, regular spending or savings goals, etc.

It's sort of double entry although it's not obvious as you can't report to a TB, however the reports are useful and exportable to csv if you want to use excel to go even further.

My slight gripes are that it is more targeted to a US market with the odd americanism, and I can't easily see my net current assets. As much as I like seeing a bigger number for net worth - it doesn't help when it's all equity in the house or locked in a pension for the next 35 years.

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By houseboss2
18th Dec 2023 18:11

I still use Quicken, even though support for it was stopped many years ago.

I have full transactional information from all personal accounts and shareholdings etc.,
from the late 1990's.

I back it up onto two seperate Pc's just in case.

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