Personal Budget Software: Online vs. Traditional


Traditional budget software involves downloading or installing software on your laptop or computer. This differs from using online budget software like Mint.com, which runs in a browser, and can be accessed from anywhere. Let's look at the pros and cons of each.

Traditional Budget Software:





Online budget software can be accessed via your mobile device.


Online Budget Software:





Storing your data securely in the cloud means you can access it anywhere, anytime.


The Bottom Line:

Traditional budget software is typically more expensive, requiring an initial purchase plus regular updates. Those who are working with tighter budgets will usually benefit from working with free online personal budget software. Not only will you be able to perform all your budgeting and financial planning without having to pay another bill, you can do so from any computer.

In addition, you can use any computer or device to access your account, and you can even enter transactions via your smartphone or tablet. This is helpful for keeping track of your spending, even while on the go.

Mint.com is a great online budgeting solution, with a full suite of tools that you can use to create your budget and achieve your financial goals. Click here to try it for free.



Photo credits: William Hook, mansikka

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