Any personal finance software to recomment?

[corns]

I've been searching the web a few days now, reading reviews after reviews of several softwares out there and don't think one currently exists that matches my requirements below.

My level of experience... lets say I have accounting knowledge. So double entry is not a problem for me.

1. I like the budgeting of YNAB. It rollovers the underspend/overspend of prior months to future months. I like this. Unfortunately it doesn't show what my networth is made up of. I want to know how much I have in each bank accounts, investment accounts, mortgage accounts, etc.

2. I've tried MoneyDance. Like the way it shows my net worth. Unfortunately, its reporting is ... very basic.

3. Read PocketSmith. Like the way it can forecast my financial position into the future. Like the "Goal" feature too. Unfortunately, it charges a monthly fee.

In summary, I want a program that:
1. allows me to plan my budget, and have the rollover feature that YNAB has.
2. has the "Goal" feature that PocketSmith has.
3. has the forecasting ability of Pocketsmith.
4. shows what makes up my Networth like Moneydance.
5. Ability to upload bank statements.

What I DO NOT need:
1. Do not need Bill pay.
2. Do not need Downloading of bank statements/stock quotes.

[corns]

mint.com

I've tried. It wouldn't let me get pass the first page. It kept asking me for a US bank account. I don't have a US Bank account. I'm not from US.

[TraderSmits69]

Have you tried ibank?
I agree that it is hard to find a good planning tool, there are too many budget tracking programs and not enough long term planning software programs.

[PMMM]

1. I like the budgeting of YNAB. It rollovers the underspend/overspend of prior months to future months. I like this. Unfortunately it doesn't show what my networth is made up of. I want to know how much I have in each bank accounts, investment accounts, mortgage accounts, etc.

YNAB will total all of your accounts whether on budget or not so that you can see your net worth. I have all of my accounts in the program. 17 in all. Some are checking and savings, some are Brokerage accounts etc. I have my mortgage and my personal items worth on it as well. I can track this via the reporting mode on YNAB.

Some items I just update the value, for instance my brokerage account, but that's ok it still give you net worth if you put everything in it.

Regards,

PMMM

[GrimJack]

mint.com

I can't seem to get mint.com to let me add investments - it seems to think everything should be a bank?!

[corns]

Have you tried ibank?
I agree that it is hard to find a good planning tool, there are too many budget tracking programs and not enough long term planning software programs.

Is iBank only for Mac? I'm using PC.

[corns]

YNAB will total all of your accounts whether on budget or not so that you can see your net worth. I have all of my accounts in the program. 17 in all. Some are checking and savings, some are Brokerage accounts etc. I have my mortgage and my personal items worth on it as well. I can track this via the reporting mode on YNAB.

Some items I just update the value, for instance my brokerage account, but that's ok it still give you net worth if you put everything in it.

Regards,

PMMM

Really? From the screenshots I have seen, it doesn't show the breakdown of your networth. I need to know the breakdown of my networth, not just the total networth. So that I know where my wealth is growing.

[muexm]

mint.com

[alanmarcell07]

I've been searching the web a few days now, reading reviews after reviews of several softwares out there and don't think one currently exists that matches my requirements below.

My level of experience... lets say I have accounting knowledge. So double entry is not a problem for me.

1. I like the budgeting of YNAB. It rollovers the underspend/overspend of prior months to future months. I like this. Unfortunately it doesn't show what my networth is made up of. I want to know how much I have in each bank accounts, investment accounts, mortgage accounts, etc.

2. I've tried MoneyDance. Like the way it shows my net worth. Unfortunately, its reporting is ... very basic.

3. Read PocketSmith. Like the way it can forecast my financial position into the future. Like the "Goal" feature too. Unfortunately, it charges a monthly fee.

In summary, I want a program that:
1. allows me to plan my budget, and have the rollover feature that YNAB has.
2. has the "Goal" feature that PocketSmith has.
3. has the forecasting ability of Pocketsmith.
4. shows what makes up my Networth like Moneydance.
5. Ability to upload bank statements.

What I DO NOT need:
1. Do not need Bill pay.
2. Do not need Downloading of bank statements/stock quotes.

Thanks for the summary what you need because I will put these features in a few weeks to my online application. Maybe it will be interesting to you. Give it a try and please give some feedback about it. You can find the link to it in my signature.

[PMMM]

I have YNAB for several years and it shows net worth and from whence it is derived.

[FrugalTexan75]

Really? From the screenshots I have seen, it doesn't show the breakdown of your networth. I need to know the breakdown of my networth, not just the total networth. So that I know where my wealth is growing.

I've used YNAB for many years (5++) and like the other poster said, it does show you the breakdown of your networth. For example I have 5 on budget accounts (credit cards, checking) and 5 off budget accounts (IRAs, stocks, etc). YNAB calculates how much you have in positive networth (cash, checking, investments, etc.) and then subtracts any debts (credit cards, mortgages, etc.) and gives you the remaining networth. All accounts, both on budget and off budget are shown on the opening screen unless you hide an account.

You can get a 30 day free trial (I think) - wouldn't hurt to try it and see if it works for you.

[Mr Nice Guy]

I like Quicken

[MoneyLifeandMore]

I like Quicken

I like Quicken too. Unfortunately most software packages will only have a certain set of features so you have to pick which ones are most important to you or develop the software or an excel spreadsheet for yourself.

[PSF]

I ran into the same trouble many years ago, nothing seemed to fit my requirements and there were many features that I didn't want.

So what I did was create my own in Microsoft Excel. Sure this can take a bit of time and depending on how complicated you want it, you may have to learn some new skills. However, at the end you'll get exactly what you want, which will also make the task of keeping it up to date that much easier.

The added benefit of this is that you will learn how to use Excel. A thorough understanding of Excel is a very important skill for many workplaces, as it can be used to speed up a great many office/admin tasks. Some of the advanced features on Excel are really helpful and any calculation can be done on it, including various interest calculations.

If you don't have excel and don't want to pay for it OpenOffice.org offer a free alternative in their office suite called Calc.

[dunnrobert700]

I like FinanSavvy.com. It's not for spend tracking at all, but it has budgeting and good forecasting, especially in terms of flexibility. No importing though. Not sure what you'd import.