Fantastic Money Management Software — Especially for One

I don’t manage money for anyone other than myself, and I think based on how MoneyWiz is set up, it might be difficult to do more than just one person. But they do have a paid feature where it syncs up accounts and online banks so that management between couples or more is a little easier.

I love this app because as soon as I make any purchase, whether it’s in cash or wether its in my checking account, I can track where my money is going. I simply keep whatever receipt for a purchase, and log it in as soon as I can. I occasionally will double check that MoneyWiz’s records and my bank have the same balance, and when they don’t, then I take a little time to reconcile them. But I like this because based on my purchases and my consistent logging of them, it tracks my spending in certain categories and helps me manage my budget, whether I’m paying for stuff in cash or by card. Since you can make scheduled payments and view reports that give you visual data about your spending, you can consistently have accurate knowledge about how much money is in your account, and where it is going.

Great griffindor about MoneyWiz 2 - Personal Finance