Money management software
joel at finlinson.net
Wed Aug 22 16:23:32 MDT 2012
On Wed, Aug 22, 2012 at 4:13 PM, Richard Esplin
<richard-lists at esplins.org>wrote:
> What do you use to record, budget, and manage your personal finances?
> * Gnucash: I've been using it for years, but I'm tired of manually
> entering data and the online banking is too manual, fiddly, and error prone
> to be useful.
> * KMyMoney, Grisbi: The user community is a lot smaller than GnuCash, so
> they are missing features and I worry about moving my data into a product
> that doesn't have a strong enough following to be around in 10 years.
> * MoneyDance: Has promise. I don't see any way to get my money out. 2nd
> tier mobile access. No sync across devices. But probably cheaper than a
> web-based subscription service.
> * Mint: Looks really cool, but if I'm not paying, I'm the product. And how
> do I get my data out? I can see CSV downloads, but I worry about that being
> * Mvelopes: I think I like their approach to budgeting the best, but the
> software looks like it was last innovative in 2009. Flash on Linux isn't
> going to work much longer. When I couldn't find their pricing in five
> minutes of looking, I started wondering what they have to hide.
> * HelloWallet: Has promise. Similar concerns about getting my money out if
> I ever need to stop paying $9/mo.
> * Yodlee Money Center: Their web site tells me nothing.
> One other thought:
> Every money management system I have seen that synchronizes with online
> banking treats the bank's records as the authoritative source of
> transaction data. I have seen enough bank errors and mistaken charges that
> I want my receipts to be the authoritative transaction data. My software
> needs to document my view of truth.
> Picture this work flow: my software downloads the bank record, and then
> allows me to mark each transaction as correct when I compare it with either
> a receipt or my memory. Instead of reconciling my printed bank statement,
> the system would monitor for post-facto changes to the bank's account
> history. This allows the software to highlight places where someone is
> tampering with my account.
> Does anything work like this?
One that I like is www.inzolo.com It's built in Alpine, UT.
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