It also helps you set up a budget so that you will know what you can spend money on and what needs to wait. YNAB is an acronym for You Need A Budget, and it’s great for first-time budgeters as it’s free for one year if you’re a student. YNAB uses a budgeting system called zero-based, where every dollar must have a plan for it. It works with pretty much any device that has an internet connection, including Apple Watch, if you happen to have one.
As such, our advice may not apply directly to your individual situation. We are not financial advisors and we recommend you consult with a financial professional before making any serious financial decisions. And now, many software options make budgeting easy. They’re all excellent – but if I had to pick the best budgeting software, I’d have to pick Personal Capital.
By growing their own food, washing in the river, using a solar panel to provide electricity, and bartering for certain goods and services, these adventures have met with limited success. However, for us mere mortals the simple fact is that we need money. Money to buy food, to purchase clothes, to pay our bills, as well as indulging in opensource budget software our other infinite wants and desires. HomeBank is a free software (as in “free speech” and also as in “free beer”) that will assist you to manage your personal accounting.
Is there a free version of YNAB?
- Popular choices include GnuCash, Moneydance, Grisbi, and HomeBank.
- Personal financial management is pretty difficult, and everybody has their own approach to it.
- Project management systems provide tools to help manage critical tasks, define milestones and set budgets for each project.
- Fortunately, I learned about HomeBank while reading an article about open source money management tools.
I have ran Quicken 2000 on PlayOnLinux but many functions don’t work. As you can see my needs are pretty simple if I can still use 2000 and as long as it runs on modern equipment I will keep using it. A few of my colleagues run Quicken using virtualisation in Linux. Naturally they are still using proprietary software with vendor lock-in. Can you expand on why you want a Linux port of proprietary software that isn’t free? Even if that were to change, it wouldn’t be open source.
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The YNAB app can be customized and has access to many resources to help you make your budgeting a success. From saving money to making sure your income lasts you till the next paycheck, can be stressful. This is where free budget software can help you get your personal finances in order without having to spend your hard-earned cash on budgeting tools. Personal Capital not only offers the best free personal finance app, but the website also includes a number of financial tools to help you make the most of your budget. There is also a learning center that can help you broaden your understanding of budgeting and wealth management for a more successful financial future.
Use rules to quickly convert shorthands to detailed transactions or clean up your bank’s abysmal CSV files. We read every piece of feedback, and take your input very seriously. My experience with Libre Office is that it is easy to use, but still advanced enough for many users. I’ve tried Homebanc a couple of time but I have never been able to get the data import to work. I recorded a video that goes through all the resources described in this article. It’s in Brazilian Portuguese, but you can use subtitles to translate it into your language.
Homebank is a free, open source personal finance app for Linux, Windows, and MacOS users. It easily imports files from Quicken, Microsoft Money, and other software. It also imports from popular bank formats OFX/QFX, QIF, and CSV. The source code for Homebank is freely available and licensed with GPL v 2.0. The project provides information about how to download and install it on your distribution or operating system. The best way to stick to that resolution is to keep track of the money you are spending and making on a regular basis.
Manage your budget on Linux with this open source finance tool
Rely on a mature software that benefits of 27 years of user suggestions and feedback; available in your language thanks to community translation. Plan ahead, with scheduling in advance, future transaction or cash flow forecast, and remains in green, with the budget feature. Opinions expressed in our articles are solely those of the writer.
Using Terminal Finances
- There is also a debt snowball function to help you get out of debt quickly.
- These apps are useful because they help you take control of your finances.
- Here are the top free budget software tools that can help you get and stay on top of your finances – and are completely free to use.
- GnuCash is also available for MacOS and Windows users too.
- From saving money to making sure your income lasts you till the next paycheck, can be stressful.
Do you have a favorite tool that I didn’t mention in this list? Get control of your finances with HomeBank without breaking the bank. Terminal Finances is licensed under the GNU GPL v3.0. Please report problems or suggest new features by filing an issue in the GitHub repository. Terminal Finances is very intuitive, as the following screenshots and some additional configuration and customization tools illustrate. Free, open source offline cross-platform budgeting solution built with Electron.
Search code, repositories, users, issues, pull requests…
It offers basic budgeting functionality but lacks connectivity features, meaning you can’t pay bills or synchronize data through the app itself. It is generally very easy to use and receives good reviews. If you like the sound of this app, you may also want to look up Quicken and AceMoney Lite. Aside from saving on bills, you can also use Rocket Money to track your spending, set up goals, and make budgets.
If you need more information, HomeBank offers an extensive amount of documentation, and if you want to look over everything, go ahead and check out HomeBank’s website. Finally, I found vehicle cost in the analytics section particularly valuable. Support for various currencies is useful when I have international transactions or am taking a trip and need to run a budget with the right currency. I haven’t gotten through all of the features available in HomeBank yet, but here are some I especially like.
This can help you keep track of your investments and understand performance levels over time. By having such information at hand, you will be able to plan better for the future. Let’s explore the 18 personal finance applications. For each program we have compiled its own portal page, a full description with an in-depth analysis of its features, a screenshot of the software in action, together with links to relevant resources. This means that you will need to allocate your monthly income into specific categories on which the budget is set.
Simple expense manager
More information on the project structure is available in our community documentation. Read about Envelope budgeting to know more about the idea behind Actual Budget. Ledger allows you to do most of your calculation on the CLI. While hledger which is compatible with ledgers syntax will enable you to do a lot of things through the browser.