I realize many of you out there use a Mac instead of a PC. As you may know, I’ve been exploring the best money management software in the past few months and I would be remiss not to mention money management software for Mac computers. While I’m not a Mac owner, I am interested in them and have thought about making the switch from PC to Mac sometime in the future.
Much of the software I mention below can be used with a Mac or PC. For example, two of my favorite money management software products, Mvelopes (online software) and YNAB (desktop software), both mention on their website they will work with a Mac or PC. You might consider the free trials to see how they work with your Mac.
You Need a Budget – You Need a Budget, also commonly known as YNAB 3, is desktop envelope budgeting software you install on your computer. As with Mvelopes, you can transfer money between categories. With this product you have to manually download transactions from your banks and upload them. You can then assign transactions to spending categories and budget proactively by assigning income to categories (the product tells you how much you have to budget).
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Quicken Essentials for Mac – Quicken Essentials for Mac provides automatic categorization of transactions, the ability to see all your money and net worth in one place and a money snap shot page that allows you to see bills and where your money is going each month. It also provides a bill tracking feature to avoid late fees. This product makes the best money management software for Mac list because Intuit has taken their popular Quicken product and built an entirely new version for the Mac.
Mvelopes Personal – Mvelopes is popular online envelope budgeting software. You can create electronic envelopes to manage your money. Fund envelopes with your paycheck and transfer money between envelopes as needed. Other features include a debt plan, bill pay and automatic download of your transactions from your financial institution. The frequently asked questions states the product will work with a Mac.
Liquid Ledger – Liquid Ledger, made specifically for a Mac, provides a robust set of features to manage your spending which include scheduling transactions, splitting transactions, detailed transaction information, the ability to import transactions and more. There is a budgeting feature and you can generate reports and graphs to review your spending. A free trial is available.
Fortora Fresh Finance – Fortora Fresh Finance is also specific money management software for a Mac that provides a robust set of budgeting and money management features. Core features include budgeting, bill reminders, cash flow reports and the ability to import transactions from your bank. A free trial is available.
Moneydance – Moneydance provides an overview page which lets you see all your account balances and upcoming or overdue transactions in one place. There is a budgeting feature, ability to download transactions from your banks, graphing to review your spending and an iPhone application to manage your money on the go. A free trial is available.
SplashMoney – SplashMoney provides the ability to automatically download you spending transactions from your bank along with providing the ability to create and manage a budget. You can view all your transactions with handy icons established for each type of spending. SplashMoney also has an iPhone app that synchronizes with the desktop version. This software also works with the iPad!
Budget by SnowMint – Budget by Snowmint provides the ability to create a budget, manage transactions manually or import from your financial institution, set up reminders and track investments. SnowMint also provides a deb reduction application as well as an iPhone app. Free trials are available for all SnowMint products.
iCash – iCash by MaxProg provides all the basic functionality to help you control your expenses and track spending. It can be used for personal or small business use with what seems to be a heavier emphasis on accounting software for a small business. It has robust reporting and search features and includes the ability to manually import transactions from your financial institution. A free trial is available.
I know I’ve probably missed some products that should be listed here in my best money management software for mac post. I welcome your comments on any of these produces, or if you’ve found a product that has worked particularly well for you that’s not listed.