Best personal finance software
I'm looking for a budgeting solution that will allow me to input my current net worth (WITHOUT actually connecting to my bank etc), input my (theoretical) expenditures and allow me to play with the numbers to determine things like;
a) How long can I live off my current net worth
b) How much does it cost me to live each month
and so on and so forth. Any ideas?
I should clarify I don't want to use excel/spreadsheets, or store information in the cloud. Also, free or close to free.
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The user interface is somewhat quirky - I'm not an accountant, so part of that may be just my lack of knowledge. The interface it isn't a clone of QuickBooks, so accountants will find it quirky too.
One thing that I found really nice about GnuCash that I didn't find in QB (as of a couple revisions ago) is that you can make sub-accounts. I've used this for "restricted funds" that are co-mingled in a single savings or checking account. GnuCash rolls up the sub-account balances into the primary account's balance so you can reconcile your bank statements directly against the account/sub-accounts.
It's free, and lets you capture expenses using iphone, android, email, sms, voice, im, twitter, etc. You can export to GnuCash, Quicken, QuickBooks, Excel, etc.
Probably a spreadsheet (excel or any free alternative) can handle it easily (damn, even a calculator and some paper is more than adeguate!).
Want something free that can entertain your mind? do this with emacs and org-mode. Org's tables support formulas.
thanks