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Organizing your finances is more important than ever. Many people are forced to tighten their budgets due to a reduction in their personal incomes. Even those who have escaped the difficulties of the economy are well advised to find long-term security with a well-organized financial plan. Financial software can help individuals control their cash flow, which is why TopTenREVIEWS just updated its reviews of personal finance software.

"There's nothing quite like personal finance software to help you take charge of your finances and make the most of your money," said Lecia Monsen, Managing Editor of TopTenREVIEWS. "Knowing where each dollar is going and making wise investments will go far in helping you secure your future."

The Top 3:

1. AceMoney: A major selling point with this software is that after paying a one-time software license fee, every upgrade is completely free. This easy-to-install, easy-to-use software allows people to see, at a quick glance, where they stand financially and avoid pitfalls that result from not knowing.

2. Quicken Starter Edition: A variety of user-friendly cash flow reports lets people know exactly where their money is and where it's going. It's the perfect program for people trying to budget and spend less than they make. Exporting financial reports to Turbo Tax for a seamless income tax experience is an added bonus of this program.

3. YNAB: The acronym stands for You Need a Budget, and the program makes creating and sticking to a budget quick and easy. A sticky note feature allows people to write notes as reminders to, for instance, remember what they bought during the holidays and for whom.

[Complete Personal Finance Software Review]

What Makes Top-Notch Personal Finance Software?

For most people, controlling finances is something that happens sporadically and in varying degrees. This software allows you to seize control of every aspect of your finances and stay in control.

Ease of Use: To be effective, personal finance software must be easy and fun to use. Good software makes it easy to track transitions, set up accounts and generate detailed reports that can help year round and make tax time a breeze.

Banking & Bills: The best personal finance software allow users to pay bills automatically and manage savings, checking, loan, credit card and mortgage accounts.

Reporting: The ability to see where your money is going is important when you need to decide where to cut back. Pie charts and line graphs illustrate cash flow, personal investing and additional transactions.

Help & Support: Forums like the Yahoo chat groups can be very helpful when using this software. Personal finance software must also provide online user manuals, email support and an integrated help section.

Archiving & Security: Set up and manage accounts using this software, which will come in handy during tax time, especially for those who get audited.

Personal Investing: Personal investing options should be comprehensive and include tools to manage stocks, bonds, mutual funds and 401K accounts. Top software helps in planning for retirement, purchasing homes, managing college expenses, relieving debt and meeting other financial goals.

Tax Options: Some software dramatically simplifies tax time, allowing users to do things like export reports directly to TurboTax, and mark transactions as deductible, work related and personal.

Money is something that can control you if you don't take charge of it. Personal finance software is a great way to seize and stay in control of every aspect of your financial life.

More product reviews can be found at TopTenREVIEWS.

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