9 Best Personal Finance Software for Mac Users in 2020
Managing and keeping records for your personal finances is usually not a fun endeavor. And if you use your Mac to manage your personal financial records, you are on the lookout for the best software program. You want one that is easy to use and can seamlessly make managing your finances easy.
We have put together this detailed list of the 9 best personal finance software programs for Mac users.
Keep reading and you are sure to find one that suits your needs:
The Best Personal Finance Software for Mac Users
Financial management does not have to be strenuous. With these 9 financial software programs you can simplify and effectively manage your finances on your Mac.
Here are the nine best finance apps along with their features:
Quicken remains one of the best financial management software programs. It works not just for bookkeeping but also for recording your investments as well as handling your taxes.
If you want to calculate your entire net worth then Quicken has the feature. If you want to schedule paying your bills ahead of time, you can use Quicken to do this as well. Depending on the features that you want, the price of Quicken ranges from $34.99 to $99.99
For basic bookkeeping, you want to use the starter package ($34.99); the deluxe package will allow you to add custom features and the premier package ($99.99) is ideal for managing your tax payments and bill payments.
If you want to save some money on your app, nothing is better priced than free. GNUCash is an open-source software specifically to cover the basic accounting fundamentals for individuals and for small businesses.
You can keep track of all spending as well as what stocks you own and how they are rating.
While the interface of GNUCash is not modern, it is a very simple to use software. There are no detailed instructions or customer support so you will have to know the basics of accounting to use the app.
Mint is a great app for keeping track of your spending. You can see all your bank accounts and debit and credit cards in one place through the Mint interface. You can include any loans you have taken out as well as any investments you have made.
Mint creates detailed graphs that help you see where your spending is spent the most. It makes it very simple to quickly notice where your spending is going. Mint also has a phone app that you can use after you have set up your account on your Mac.
YNAB, or ‘You Need A Budget,’ is a great app for those of you who need help in managing your finances.
If you have difficulty in managing your finances, and especially are in debt or worry that you may end up in debt then you want to use YNAB. It calculates your overall money supply and your spending. It will help you allocate your funds to your different expense avenues.
This is a paid software program ($84 per year) which helps you stay on track with your finances. If you are struggling in being fiscally responsible, do not hesitate to use YNAB.
Banktivity is another great app for managing your finances. Though, in contrast to YNAB, this is for someone who is a bit more experienced.
Banktivity connects with all your financial accounts and keeps a record of your total funds. Then, it allows you to create a budget for your different expenses. You can also create financial goals and the app will show you how to budget accordingly to reach your financial goals – such as how much to set aside each month to buy your dream car!
Banktivity costs $69.99 per year but comes with a 90-day money-back guarantee if you are not satisfied.
6. Personal Capital
If you are a high-earner, we would strongly advise using Personal Capital as your financial management app of choice.
Like some of the other apps mentioned in this article, you are able to manage all your accounts using a single interface. This can include your bank accounts, your mortgage, as well as investment and credit accounts.
You can create financial goals and for an additional fee receive tailored advice on how to reach your financial goals and manage your budget.
If you want to focus on simple budgeting, then Mvelopes is for you. You initially provide the app with your total funds. Once this is finished you can allocate your funds for different financial goals.
Mvelopes keeps a record of how much money you have spent from each allocation. If you have difficulty keeping track of how much you are spending and want a simple way to see how much you are spending with each expense then Mvelopes is perfect for you.
Tax planning is one of the most important aspects of personal financial management. With each year, we are sure you feel the burden of having to file your taxes properly.
You will not have to fret any longer if you use TurboTax. All you have to do is enter your earnings and expenses and TurboTax is able to prepare your tax return for you.
The free version helps you with a basic 1040 form. If your taxes are a bit more complicated, TurboTax’s paid version has personalized tax consulting built-in.
Do not stress any longer about your tax return, go ahead and give TurboTax a try!
Investing and planning for your future is an often overlooked aspect of personal financial management. If you want to study investing and how to use your income to plan your future, then FutureAdvisor is a great option for you.
It is low-cost and provides you with advice on where to invest and how to diversify your investments and income streams.
Do not put off this crucial aspect to personal financial management. Start investing today and use FutureAdvisor to give you a leg up!
Manage Your Money
Now that you know the nine best personal finance software options for Mac you are ready to choose one — or a few — and manage your money rightly!
Be sure to keep reading for more great content on managing your finances.