Personal Finance Software helps take the headache off personal financial management. Most people are aware that they need to monitor and also get a grip of their finances. This includes handling all the aspects of their finances including, budgeting, savings and investments, expenses and even taxes. Therefore, personal finance software serve as important tools that can help monitor financial inflows and outflows. By so doing, they can even make up for the need for a financial manager. Personal Finance Software are available as desktop applications, mobile apps, or web-based applications that store users’ information on the cloud. Users can budget, review, categorize, and monitor their monthly expenditures in line with their financial goals. Some personal finance software can be configured to connect to personal bank accounts and even credit card accounts. Most Personal Finance Software works by tracking your spending against set pre-set budgets and financial goals and then sending alerts when the user goes overboard. Others can also sync with bank accounts and help users with their bills. Depending on the level of management required, personal finance software may come as a free application or as a premium application with advanced features. Free versions may have limited capabilities as compared to the premium versions that can calculate your taxes as well as determine your credit score.