"Budget" is a unique budgeting program since it uses the envelope system to help you to budget your money. This system is great for people who need to see where the money has gone and how much they have left.
Pros
- Applies good budgeting focused principles to the software
- Focuses on where you money is being spent which helps you to control your spending
- Nice graphic interface
- Can use on multiple computers
Cons
- Initial set-up is time consuming and confusing
- Software is not cross-platform compatible
- Software not available on Palm or Linux
Guide Review
Although the initial set-up of this program can be daunting, it is worth the extra time that it takes. The software is designed to save you time every month by allotting more money into each category or envelope at the beginning of the month.
The system easily allows you to track your spending. The opening page consists of a graphic for each of your envelopes and the amount you have left to spend in each category. The system allows you to quickly transfer money between envelopes by clicking and dragging.
The major downside to this software is the initial set-up time. In order for this to work, you will need to sit down every day or two to enter in your new transactions. Doing this will save you time when you balance your checkbook.
Overall this is a great program, and it should be especially effective for those who want to see where there money is. The program applies one of the most effective budgeting systems to its program, and if you can follow your budget, you will quickly get out of debt.
If you are looking at software programs you should also consider You Need a Budget and MoneyWiz as well.
