Wednesday, September 17, 2008

Using Quicken

It seems the financial gurus say that one of the the most important steps in managing your finances is to know where your money is going. Quicken Online makes it easy! Now, my husband set it up for us, so I don't know how hard that was, but using it sure is easy.

Here are just a few things that I like about it:

  • You can use it to create a budget.
  • It connects to you bank account so any transactions (withdrawals, deposits, debit card purchases, automatic bill payments, etc.) show up and you can label them according to the budget category (groceries, fuel, medical, utilities, etc.).
  • It shows a pie chart of your budget categories, so you have a good visual of where you are spending the most money.
  • It tracks your spending from month to month so you can compare your spending to previous months. It also makes monthly averages.
  • It is only $2.99 a month.

I am not usually one to like computer programs a whole lot... But, $36 a year for money managing software that is easy and fun to use, saves you a ton of pencil/paper time, and will very likely help you to save more money? That Works for Me!

1 comment:

mom_of2boys said...

Great post! I use and like Quicken as well.

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