Free Financial Management Software

Personal finance software and apps can help you master the basics, become more efficient at managing your money, and even help you discover ways to meet your long-term financial goals.

Financial management software enables us to become efficient at managing our resources by keeping track of our expenses and ensuring that we are not exceeding our budget. Advanced software ship with features that facilitate investment portfolio management, tax return calculations, and interest rates on loans.

Today’s list covers the best financial management applications that are available for free listed alphabetically.

1. AceMoney Lite

AceMoney Lite is a free personal finance software designed to be the perfect Quicken and Microsoft Money alternative. It features support for data import, applications for Windows and Mac, input automation of orders coming from PayPal, SWReg, and Plimus, a loan calculator to plan debt payments and calculate mortgages, scheduled backups, and on-line banking.

2. Buddi

Buddi is a free and open-source personal finance and budgeting software aimed at users with little to no financial background. Its main features include a tab for accounts, budgets, and reports, scheduled transactions, and chequing. Plus it is and it is available in multiple languages and will run on any platform with a Java Runtime Environment installed.

3. Buxfer

Buxfer is a freemium web-based finance software that manages user accounts in one place by connecting directly to their bank account as well as pulling data from supported software such as Mint and Quicken. The free version offers IOU tracking, manual upload, 5 accounts, budgets, reminders, and 10 rules.

4. GnuCash

GnuCash is a robust, cross-platform, free, and open-source finance management software aimed at personal users and small business owners. It enables users to track bank accounts, income, expenses, stocks, checkbook details, autofill entered transactions, and generate reports, among other features.

5. HomeBank

HomeBank is a free and open-source personal accounting software built to assist users in managing their personal accounts. It is designed to be easy to use on various operating systems in up to 56 languages and features powerful filtering tools and beautiful charts. Other features include a simple month/annual budget, dynamic reports, various account types, and automatic cheque numbering.

6. Wave Accounting

Wave Accounting is a powerful, 100% free accounting application that enables users to connect their bank accounts, sync expenses, balance books, and pay taxes on time using a simple, secure, and reliable UI. Its features include bill and invoice reminders, bulk transaction updates for quicker bookkeeping, unlimited customizable invoicing and receipt scanning, etc. and an app for Mac, PC, iOS, and Android.

That wraps up my list of free financial management software. Which reliable options are you familiar with? Feel free to share your experience in the discussion section below.

Liked it? Take a second to support Martins Okoi on Patreon!

Martins Okoi

Martins is a developer with over 300 listicles on FOSS software. While studying for an MSc in Cybersecurity, his passion for technology keeps him covering different tech topics especially about the best software for readers to use. If you enjoy our articles please support us and make a small contribution: Buy Us A Coffee