Simple Expense Management Software

Know where you spend

Expense management made easy
The first step to successful personal expense management is to know how and where you spend your money. moneyStrands online expenses management software updates all your accounts daily so you'll always have access to the most current and accurate information about your finances and can clearly see how much money you have and owe, and where is your hard-earn money going. moneyStrands os 100% FREE and it requires with less than a few minutes of setup.

Get rid of unnecessary expenses

Evaluate your expenses; look for opportunities to economize, and create a budget plan to cut back spending for specific problem expense categories. After all, successful budget planning is all about saving from your monthly expenses. moneyStrands simplifies this process by automatically sorting and graphing your spending into helpful categories, so you can quickly identify your problem areas and set up you budget goals. It also lets you compare with your peers and see how much they typically spend so you can easily identify the best places to save money.

Separate your needs from wants

There are two types of expenses you have each month: fixed and variable. Variable expenses include those that can be reduced such as food, utilities, clothing, entertainment, vacations, etc.  Reducing variable expenses involves changing your habits and setting up financial goals.  For example, you can prepare your own meals instead of spending your money on expensive take-out.  Eating out is by far the biggest expense most of us have and you could prepare meals at home for one-fourth the cost of dining out. By tracking your ‘Restaurants’ and ‘Fast Food’ categories and setting up budget goals, you can substantially cut back your spending and free up some cash to pay off debt or save for new car down payment. Another good tip to cut your expenses is to set your thermostat just two degrees higher and you will see that your monthly air conditioning bill is 10% less!

Keep tabs on expenses and savings

Without tracking your goals you will leave our budget plan to chance and the end result can be a failure to reach financial success. Use moneyStrands easy-to-interpret charts and graphs to manage your expenses and identify weaknesses. Stay on top of your spending anytime and anywhere on or on your mobile.

What is moneyStrands?

moneyStrands is a FREE and easy-to-use personal financial assistant for busy people who want more control over their financial lives. It automatically gathers data for all the financial accounts you want to track, including savings, checking, and credit cards, to give you an up-to-date, accurate, unified view of your finances. moneyStrands goes beyond providing financial analysis tools by also providing personalized money-saving advice and recommendations, and lets you compare yourself with people who share your background and financial goals. In addition to automated bank feeds, moneyStrands recently added the capability to manually upload your transaction history files (and even to type them in one at a time) delivering the highest flexibility in handling your financial needs.