Control your finances with AceMoney

Having recently decided to get serious about managing my personal finances, I started to look around for something which had all the important features but didn’t require an accounting degree to use. Essentially, I was after a simple application which would enable me to track my spending habits to see where all the money goes.

After evaluating a handful of different shareware and freeware offerings, I eventually settled on a little gem called AceMoney, from MechCAD Software. AceMoney was the only personal finance manager which I found to be simple, intuitive, immediately usable and containing all the essential features, including:

• Support for multiple accounts like savings, cheque, credit card or cash.
• Ships with lots of predefined income and expense categories or you can simply create your own.
• Supports multiple currencies. You can even download the exchange rates from the internet.
• Set up budget limits for every category and track the difference between actual and budgeted values.
• Generate reports by categories or by payees, in table or pie chart format.
• Download and import information from online banks in QIF format.
• Supports scheduled transactions like mortgage payments, electricity, water, direct credits and debits.
• Account information can be secured with password protection.
• Scheduled backups are done automatically.

Apart from the well-designed user interface. I especially liked how AceMoney doesn’t split categories into income and expense, like lots of other financial managers do. Let’s just say that if that doesn’t make sense to you right now, it will, soon after you start using it.

The current version of AceMoney is 3.9 and is very competitively priced at US$30. There is also an older freeware version, available from the nice folks at A+ Freeware.

Posted in Software, Windows by Ivan