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Money Manager Ex

Money Manager Ex Editor's Review

Money Manager is a free tool for organising your personal finances. Primarily, it's designed to help you keep track of all your incomings and outgoings; you can also use it to get a general overview of your net financial worth. The program runs on Windows and Linux.

Money Manager Ex (MMX) is an open-source program, so it's free to use. It's aimed at the layperson rather than the financial whiz; while it's got all the features you're likely to need in a personal finance tool, it doesn't overwhelm you with bells and whistles. Some might jibe at the fact that it only lets you record information rather than being able to act on the things that need your attention via the program -- you can't calculate your taxes, pay your bills or make deposits using Money Manager Ex the way you can with some more high-end packages. For others, though, features like that can be daunting when all that's required is a solid organisational tool, which MMX certainly is.

You can import data into MMX from spreadsheets, so if you've been using (say) Excel to take care or your finances it's easy to switch. There are several handy tools to give you a better understanding of your financial situation, such as graphing tools that let you see everything as a pie chart. 

Pros: Simple, efficient, useful, free.

Cons: Advanced features like tax calculation are absent.

Conclusion: A solid no-cost financial organisation tool that's simple to use.

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