If you have a PC, there are many financial software programs available for both personal budgets and Statements of Financial Condition, commonly known as balance sheets.

My favorite software program is Microsoft Money. For under $75, you can plug in the information and let the software do its work.

Quicken is another leading personal finance software that is designed to help people keep track of their day to day finances. A nice feature of Quicken is that it allows you to determine the tax implications of your financial transactions. This and other software packages can be easily purchased on-line.

Your thoughts on this subject? Your comments appreciated!

Content © Rich Brott, 2011

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