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Managing your money is an important part of life, and having software by your side to help you with the process can be of great aid. While online banking does provide people with ways to track their spending, it’s usually not something that can lead to sustainable and responsible spending.

Software like Moneyspire, however, was expressly conceived for the sole purpose of helping people manage their money. The tool allows users to add their bank accounts, track their spending, look through their transactions, and break everything down into reports to better visualize their expenditures.

A modern tool for modern spending

As the software seeks to provide a way for users to manage their money, it’s quite an accessible, easy-to-navigate program, which means that anyone can leverage the tool’s functionality. The interface is intuitive, and you can begin by adding a new account.

It’s important to state the type of the account: checking accounts, credit cards, cash, loans, assets, liabilities, and investments can be tracked through the app. You don’t have to enter any sensitive details about anything, and you can even link up parent accounts and attach notes to what you add.

After adding your accounts, it’s time to add the transactions. You can specify as many or as few details you want about them: the transaction type and category, payee, withdrawal and deposit amounts, as well as attach a memo and tag everything. Whether it’s a transfer, ATM withdrawal, deposit, or print check, you can add it all here. As you introduce and assign your spending to the appropriate sources, you’ll be able to see an overview for everything, neatly nested in the Accounts tab.

Reports for your spending

As you add your expenses into the program, reports will be automatically generated to reflect your spending habits. Monthly expenses, balance sheets, income vs expense, and other such reports will help you better recognize and manage your spending habits. These reports can be exported to PDF.

You can even set reminders, which is useful for keeping track of bills and loans, and managing invoices is also possible through the designated tab.

Moneyspire provides a handy way to manage one’s expenses. Considering how easy it is to operate the program, people who want to start tracking their spending should have no trouble acclimating to this software.