There are various commercial offerings to choose from, but Money Manager Ex is a free, open source and cross-platform app that makes it easy to track spending, plan budget, monitor assets and generally manage your money.
Inexperienced users should have no problems with this software, thanks to the intuitive interface.Although online banking has made it possible for all of us to gain far better insights into our finances than used to be possible, there's still very much a place for money management software. The bottom line is that Money Manager Ex is a nice program that can be of great help. expenses and cash flow, just to name a few. Money Manager Ex can create various types of reports, such as account summaries, income vs. Setting these up can help you know how much money you have in your accounts and even how profitable the stocks you’ve bought have been. There are three types of accounts that can be created: Checking/Savings, Investments and Term accounts. These require a base currency (Dollar, Euro, Pound, Swiss Franc, Zloty and Ruble). This should help you keep a better eye on all your expenses and teach you how to better estimate the monthly balance.Īlso, you can create databases. The app lets you edit entries under various categories, such as “Automobile” (gas, maintenance, parking and registration), “Bills” (cable, electricity, gas, Internet, rent, telephone and water), “Education” (books and tuition), “Food”, “Healthcare” (dental, eyecare, prescriptions etc), “Leisure” (magazines, movies etc), “Taxes” and “Vacation”, just to name a few. This requires that you write down the estimated income and all expenses. Furthermore, you can create monthly budgets. Thus, you can fill in entries every time money comes into your bank account and for all the payments you need to make. The app comes with a simple interface and an intuitive layout that is easy to figure out, regardless if you’ve worked with a similar program before or not.
Money Manager Ex is a program that was designed for this particular reason. Paychecks tend to disappear as fast as they come, so finding a way to manage your finances is the key to your well-being.
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