FreeMoneyGuard

Once in a while, you might need to do your taxes, but that can quickly become an overwhelming task, as it involves numerous mathematical options and working with multiple sources. In order to avoid erroneous results, you can either pay for an accountant (which is not profitable in the long run) or rely on third-party software, such as FreeMoneyGuard.

This application allows you to organize your personal finances by helping you keep track of monthly incomes and expenses.

FreeMoneyGuard comes with a clean design that includes several functions that can be quickly accessed via the provided buttons or menus. Given that each section packs self-explanatory captions, this program provides high accessibility, even for novices.

Although the interface is rather intuitive, users might benefit from having basic to medium finance knowledge, as they might familiarize themselves with the application faster.

However, this application lacks a few functions that could have been useful. In case you mistyped a value, or accidentally deleted a whole column's worth of information, there is no undo button that you can use.

After setting basic parameters regarding monthly income and expenses, FreeMoneyGuard generates statistics that can be displayed monthly, bimonthly or yearly. This section can be customized by adjusting certain settings, such as toggling subcategories' or transactions' visibility.

It is possible to view, edit and organize lists of accounts, payees or categories that you can later use in your financial calculations by choosing them from a list.

You can set recurring transactions by accessing the dedicated function and defining the required parameters, saving yourself the hassle of manually adding them each time.

FreeMoneyGuard automatically backs up your files as soon as you create them, so that you might safely recover them in case you lose all your progress (e.g. due to a power surge).

In conclusion, if you need a tool that can help you keep track of your monthly incomes and expenses, you can rely on FreeMoneyGuard, but keep in mind that it lacks some functions (undo, redo).