Is it necessary to use a personal finance software like Microsoft Money, Quicken, etc?
acsg76 asked: Is there any other alternatives solutions?
Wyman
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on Monday, August 17th, 2009 at 11:35 pm and is filed under Personal Finance.
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August 20th, 2009 at 1:51 am
It depends on what your financial goals are. I’m sure there are hundreds of kinds of software for finance, not just the ones you mentioned.
August 21st, 2009 at 7:31 am
No, its not necessary, but it can help a lot.
It really depends on how much time you’re willing to devote. These programs can record a tremendous amount of financial info, but you’ve got to be willing to sit there and enter or download (from financial institutions). I’m a fanatic about quicken, and my whole financial life is in there.
You don’t have to go crazy. You can use Excel to list your income and expenses. You can also go to ebay and find other programs for as little as $5. Finally. download.com has alternatives with free demos – just search….good luck!
August 24th, 2009 at 8:42 am
They don’t do anything you can’t do on paper. I happen to thing they are easier to use.