Budgeting 101 5 Home Budget Software Features Your Budget Programs Need Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint Published Aug 25, 2020 - [Updated May 26, 2022] 3 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. There isn’t a shortage of home budget software options, but no two are created equal. Some are so simplistic that there’s little to gain from the investment. Some have a host of features, but you might never learn what half of the features do. You shouldn’t have to settle for mediocrity just because you’re not a financial wizard. The best software takes some of the most complicated and beneficial features, and transforms them for the layperson. Here are 5 features that make home budget software worth the time and effort. Simplicity Money management isn’t your favorite activity, so why make it more difficult? Home budget software should be simple, intuitive, and not require a degree in accounting. If it looks complicated, it probably is. Features should explain what each step does and why, and you shouldn’t have to read a textbook-size manual first. That gives you confidence and puts you in control. Entering information by going through the motions can make you scratch your head, and it doesn’t offer much toward true personal finance management. Importing Your Information When information is automatically imported, it saves time and reduces errors. From bank accounts to credit cards, budget software should let you enter account information, then it should do the rest. Information import not only populates each account in the program with accurate information, it automatically updates when changes happen. For example, when you use your debit card, your checking account automatically reflects the purchase in the budget software. That’s intuitive financial management. Auto Calculation Nothing wrecks a budget faster than miscalculation. Home budget software shouldn’t ask you to add and subtract. Ever. Not even to project what would happen if you paid off one credit card or got a new mortgage. Otherwise, you might as well use a pencil, ledger and calculator, and wing it on your own. Automatic calculation is more than simply keeping your checking account balance straight. It’s what gives you an accurate snapshot of your finances as a whole, and shows how each budget factor affects the others. Visual Aids You probably don’t speak Latin, and some budget software might as well present information in a foreign language. Simplicity is key, so the best programs help you make sense of the information. This lets you make better decisions instead of only seeing the results of past ones. Graphs and charts package strings of numbers and percentages into a format that’s easier to process. Think of it as a visual aid. Instead of just line items on a spreadsheet, look for software that puts information into logical groups. Mobile Access You might spend more time examining the budget at home, but mobile access keeps you in the loop when you’re not at your desk. This means the software should be web-based, which is the only way you can access the same information from different devices. Mobile access is streamlined. You might not have every feature that you have at home, but you’re still informed and in control of your money on the road. Think that’s a lot to ask of budget software? Not when you rely on Mint.com. All these features, and plenty more, are at your fingertips 24 hours a day. Sign up for your free Mint.com account today. Google+ Previous Post 6 Damaging Side Effects of Having a Bad Credit Score Next Post 5 Personal Budgeting Tools to Try Written by Mint Mint is passionate about helping you to achieve financial goals through education and with powerful tools, personalized insights, and much more. More from Mint Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! 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