laptop computer on glass-top table

Personal finance software and other tools can help you take control of your finances, but not all of them are made equal.

Some focus on a specific financial function, such as budgeting, expenditure monitoring, saving, banking, investing, or taxes, while others serve various financial needs.

Recent research shows that the founders of PRILLIONAIRES, a pre-seed fintech company, recently unveiled personal finance software that allows you to review your finances quickly and comprehensively in two minutes. Multiple bank accounts from all over the place, wealth from all over the place, assets, and liabilities have now been consolidated on one platform to calculate your net worth. Do you want to be a Prillionaire? What is your net worth? Visit their website to learn more about their exclusive early access program.

Types of personal finance software

There are various options available. The following is a list of personal finance software that meets the vast majority of needs.


Do you want to start putting money aside for an emergency fund or a new car? Software and software make it simple to save money each month. Some services can transfer money into your savings account or a specified report on your behalf, so you don’t have to worry about it.

Tax software simplifies the process of preparing and filing your taxes. Most providers streamline the complex tax code by asking basic questions and guiding you through deductions.


Investing is an excellent way to put your money to work for long-term goals such as retirement, but it can be scary for both newcomers and seasoned investors. Investment tools and software help you construct a portfolio and make sound investment decisions.


Budgeting tools and programs let you keep track of and categorize your expenses. The majority of the time, you link your financial accounts — checking, savings, credit cards, loans, and investments — and the tools categorize your spending for you. When creating a budget, you may generally establish spending limits by category.

What should you look for in personal finance software?

When choosing a personal financial tool, think about your goals, what you need the software to do, and how sophisticated you want it to be.

If you want an app that tracks your spending and earnings, look for budgeting software syncs with your bank and credit card accounts.

Coming up are a few more things to consider when shopping:


Personal financial software typically includes a free version and a premium edition with additional features that may be purchased on a monthly, annually, or one-time basis. Consider upgrading if your financial situation is complicated, such as if you own a small business or want the peace of mind that the additional features bring.

Account restrictions

Certain types of software limit you to a kind of account or the number of accounts you may add. So, if you need to keep track of your bank, credit cards, and investment accounts, look for a service that can handle everything.

Reports on spending

Are you a visual learner who needs to see something to grasp it? Choose a tool that breaks down your spending using charts and graphs (by category or quantity). You’ll gain additional points if you adapt the reports to your own financial goals.

Human support

A standard user guide or FAQ page isn’t always sufficient. Look for apps and platforms that provide extra support, such as those that allow you to interact with a human or a robo-advisor.

Free credit score

Some programs include weekly and monthly credit score updates, as well as simulators that demonstrate how particular financial actions may affect your credit.


Personal financial software has gone a long way since you had to enter checkbook balances and draft amounts manually. Today’s software provides an incredible diversity of functions that help you reach your objectives and make your daily life simpler.