As Empowered People of our future we have to have not only a controlled emotional state, it is also super important to understand the basics of business and personal finance.
There are many specialized programs to perform this function and also the famous Excel that saves us from everything, but why use something free and that is always with us on our cell phone.
Advantages of recording your finances
If you already have your own business or have dedicated yourself to generating that little extra money that empowers you and gives color to your days, you’ll know like no one else that sometimes you think you’ve earned ONE MILLION, but what you really don’t know is what you spent to achieve it.
A good app will let you know:
Gross income: The amount of money you register before any discount, this is the amount we all have pending.
Fixed expenses: It’s those receipts that we can’t avoid or reduce, that sometimes drive us crazy and create a headache when we start a new business.
Other expenses: These are basically any expenses that are not related to the need of your business or personal life, but are there adding negatives to your life. We could break this down into at least 5 more types of expenses, but it’s personal finance not accounting 101, Hahaha, let’s keep these issues simple right?
Accounts: Allows you to add different accounts such as savings, debit card, credit card etc.
Analysis and graphs; It will show you the graphs and details in the simplest way possible and tell you if you did well or badly that month.
The biggest challenge is to propose you day by day to enter each expense or income you have.
The Best PPPs to manage your finances in 2020
Accounting Register


✅ Allows you to set budget limits
✅ You can export your budget to Excel
✅ It’s free and has a premium version
✅ Shows graphs and statistics
✅ Allows you to set payment reminders amount and date of movement
✅ You can add photos of your tickets or your expenses.
✅ Allows you to modify amount and date of movement
❌ It has advertising, free but non-invasive version.
❌ has no web platform
Finerio


✅ It’s free
✅ No advertising
✅ has a web platform
✅ has automatic categorization
✅ Allows you to manually record expenses and income
✅ Allows you to link bank accounts in Mexico
✅ Allows you to set budget limits
✅ Allows you to modify amount and date of movement
✅ Shows graphs and statistics
✅ Presents diagnosis of your finances
❌ Missing activation reminders, only available via email for credit cards.
❌ Missing export to Excel, but you can synchronize on any of your devices.