I've been looking for an intuitive and comprehensive, simple!, money management application that could give me a realistic portrait of my financial situation. I think I may have found my home in Cashbox (for OS X.4).
Much as I like the fancy-schmancy software with a million bells and whistles, I haven't had any success with them since I haven't demonstrated the dedication needed to make such software work for me. What I like about Cashbox is that I can manage money by account rather than by transaction category. So, I sat down and totaled up all my accounts, right down to my pig (spare change collector) and Canadian Tire money!
At the end of the day, I can simply hit reports to see how my global financial situation has changed, for better or worse. If I feel like being a bit fancier, I can even give my transactions labels to see how much I'm spending on rent, chocolate, health, beer, my nails, taxes, etc.
One thing I like is that I can enter transactions before they happen, so I can enter a paycheque and then immediately allocate money to my fixed expenses so I know how much I have left to 'play' with until the next paycheque.
The ultimate benefit is seeing my actual net worth rise and fall as I invest, save, spend, and rack up debt. It makes finding a penny very exciting!
Let's see how long I manage to make this software work for me. :-)
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