Financial Planning Software For Individuals

by Navicasoft
11 Vendors Reviewed
20 Hours of Research
9 Experts Interviewed

Whether you are an individual, a small business owner, or a large corporation running multiple offices around the world, there is one truth: you cannot possibly be everywhere at once. However, how we manage our financial obligations and investments does not change. As such, it’s necessary to hire professionals to handle these.

Financial Planning Software For Individuals

Another way is to use financial planning software for individuals. Today, financial planning software has become more tailored for individuals trying to achieve their goals systematically and organized. Below you can find the list of best financial planning software for individuals, along with core benefits and ways about how to choose the right software for you.

Our Top 5 Financial Planning Software For Individuals

Financial Planning Software For Individuals

1. Best Overall: Intuit Mint

Intuit Mint Intuit Mint logo

Our rating: ★★★★★

Mint is an individual financial services company in the US for managing your personal finances. The Mint service is at no cost to its users, and you can access it from any computer or mobile device. One of the great benefits of Mint is that it also has a partnership with TurboTax, which means all your financial records are tracked and consolidated for tax season.

Intuit Mint Review

Mint Features

Mint offers users many great features for their financial management needs. Some notable features are:


You can set up budgets for all categories of money and monitor them as you go.


You can set an alert to tell you if your spending is outside of your budget or if specific bills are coming due soon.

Credit Score

You can check your credit score to make sure everything on the record is current and accurate.

Credit Monitoring

You can also monitor to make sure thieves aren’t trying to open new accounts with your social security number. This feature allows you to be notified immediately if something fishy pops up on your credit report.

2. Best For Small Business: Quicken

Quicken Quicken logo

Our rating: ★★★★★

Quicken is a personal finance software company that offers free and paid versions. Quicken is essentially a financial planning software that enables individuals, and their family members, to manage finances quickly and easily. It’s one of the most popular providers of home tax preparation software in the United States.

Quicken Review

Quicken’s software is designed to help you manage your personal finances and plan for tomorrow. It’s developed for people who want a comprehensive finance tool that goes beyond spending and saving money. Quicken offers excellent accounting tools that help you track your expenses, investments, debts, tax rates, and much more. Quicken is advertised as an easy way to keep track of the business side of your finances.

Pricing Plans

  • Starter – $35.99/yr.
  • Deluxe – $46.79/yr.
  • Premier – $70.19/yr.
  • Home & Business – $93.59/yr.

All Plans Include

  • Manage your money on the go across desktop + web + mobile.
  • See all your bank and credit card accounts in one secure place.
  • Create a budget to track your spending.
  • Categorize your expenses automatically.
  • Easily export your data directly to Excel.
  • Get help with free official Quicken phone support.

3. Best For Habit Building: YANB


Our rating: ★★★★★

YANB is a mobile app that transforms how people plan and manage their money better. The coolest thing about YNAB is that it’s radically different than any other personal finance app you’ve seen before. It is also possible to synchronize bank data with YNAB to make the process of tracking your spending even easier.

YANB Review

Ynab offers a thirty-day trial as well as a fourteen-day refund window, giving anyone who has never used the service the opportunity to explore without risk of commitment or obligation. There are also no credit card fees for those who sign up for an annual subscription (again, there is no commitment risk).

If you decide Ynab fits your budget and your personal needs, the next step is to sign up for an account. You’ll find the sign-up process straightforward.

Once you’ve signed up, YNAB will track your transactions automatically, with just a few clicks of a button each month. Your cash flow graph is always available by just opening the app on your phone or online from any device.

Pricing Plans

  • Monthly Plan – $11.99/month. Billed monthly. Cancel anytime.
  • Annual Plan – $84/year. One-time payment billed annually. Cancel anytime.

4. Best For Investment Advice: Personal Capital

Personal Capital Personal Capital logo

Our rating: ★★★★★

Personal Capital is a must-have tool for financial planning in today’s age. Its online dashboard makes it easy to analyze your current personal finance, declutter your finances with a budget export, and connect to a wealth of financial resources that can help you achieve your goals. Personal Capital also includes a library of articles from prominent financial experts, an investment center, and more so you can have everything you need at hand.

Combine that with the company’s built-in tools for retirement planning and the benefits of their advanced tax expertise, and it’s easy to say this isn’t just another program that promises more than it delivers.

Personal Capital Review

The value in using a tool like Personal Capital is that it’s an online resource where you can draw up a budget and get a better understanding of your finances and where you stand.

One of the main benefits of the software is Personal Capital’s dashboard that is full of information to help you track your personal finances. You’ll be able to see where you stand and where you’re spending money. It’s not a static thing, though, because you can adjust the settings for both general personal finance tracking as well as other categories.

One thing that makes Personal Capital stand out in this area is how they have set up their budgeting tool. Instead of just having a set of standard budgets from which to choose, they break things down into four different categories:

  • Savings.
  • Debt.
  • Retirement.
  • Investment.

Then each of those sections is broken down into further categories, which allow you to change the settings and see how everything will break down in your case. It makes it less confusing because you aren’t dealing with a bunch of blank budget lines, but it does require more work on your part to set up your finances and know what you’re getting out of each category.

5. Best For Financial Advisors: MoneyGuidePro

MoneyGuidePro MoneyGuidePro logo

Our rating: ★★★★★

MoneyGuidePro is a financial planning software for individuals. It helps you to plan your retirement, saving, and other financial goals.

Here are some MoneyGuidePro features

  • A complete retirement readiness analysis that includes the probability of success of achieving your retirement goals.
  • Simple calculations tell you how much you should be spending and saving. 
  • Simulate economic scenarios to see how they impact your finances over time with powerful scenario analyses that give you a clear picture of what’s in store so you can make intelligent decisions now and in the future. 
  • A custom built-in database with company information on stocks, bonds, ETFs, etc.
  • It is web-based which means that it can be accessed from anywhere at any time.

The interface of the software is straightforward, and the software is intuitive. So it’s easy to navigate around the software and to use its features. 

MoneyGuidePro Review

Also, you can get help on every feature in the software by clicking the question mark icon on each page. The answers to your questions are very informative and easy to understand since they are written in plain English. The knowledge base section of the software answers most of the questions posed by users in different forums, user groups, etc. It’s a great source of information.

MoneyGuidePro uses historical data as a basis for its forecasts and projections, which makes sense as all financial planning software do.

Buyer’s Guide

You’re here to know more about financial planning software. It can help you to plan and track your spending, saving, and investment. Most of the systems provide budget management, decision-making assistance and are designed so that any laymen can use them.

Some financial planning software may also come with retirement calculators that will help you determine how much money you should save to retire at a certain age. Learn more about the benefits and things to consider while choosing the right software for individual usage.

What Is Financial Planning Software For Individuals?

In essence, financial planning software for individuals is an automated software dedicated to receive the data from a user and help that user to make better decisions. This information can be used by professionals later on.

Financial Planning Software For Individuals Buyer’s Guide

For individuals who are trying to achieve long-term goals, financial planning software could act as a guide. However, it should be noted that it’s not truly a personal investment advisor. Instead, this type of software is helpful in small business owners and CEOs as well.

Consumers can choose the type of software they want to use for their financial planning purposes: online or desktop-based programs. Both have their benefits and drawbacks, so it’s essential to understand them both before making your choice.

Financial Planning Software For Individuals Benefits

There’re many pros of this software for individual users.

Tracking Spending And Net Worth

Financial planning software allows you to track and review where all of your money goes across multiple categories, like groceries, entertainment, and shopping. This can help you identify areas where you are spending too much money or not enough.


Budgets are a large part of financial planning software, allowing users to plan their expenses for the future and set goals for saving money. The software can also help users reach their budgets by creating a budget alert that will notify them when they have spent too much or too little in specific categories for the day/week/month.

Natural Analytics

Financial planning software uses graphs and charts to show users their progress in a way that is easy to understand. Users can also set up visual plans, like a projected five-year budget, and the software will create graphs and charts about where you are going.

Financial Planning Software For Individuals Deployment

Financial planning software for individuals can be deployed both online and offline. It is simple to install, set up, and start using. A single person with a computer can use it to track spending and net worth; a family of four could deploy it online or on separate devices.

Online Software

It can be deployed in a cloud and provide access from anywhere location where the internet is available.

Offline Software

Financial planning software can be deployed on a personal computer or laptop. It is robust enough to track budgets with multiple accounts, income levels, and currencies and run reports and plan for the future.

How To Choose Financial Planning Software For Individuals

Before choosing a financial planning software for individuals based on the features you need, you should consider selecting one that comes with many additional benefits and features. Such software will help you manage plans, expenses, and income and help you stay organized. 

How To Choose Financial Planning Software For Individuals

You should thus consider financial planning software for individuals that will meet your needs, including those factors like ease of use, income and spending reports, budgeting, and cloud storage.

If you are in business and want to focus more on your company’s financial management, you have a few options. You can choose between online as well as offline options.


What Is The Best Financial Planning Software For Personal Use?

The best financial software for personal use, such as Quicken or Mint, is something that every person should use to help manage their finances on a day-to-day basis. They are often used for budgeting purposes and keeping track of what you make, spend, save and owe, and lead up to several years of financial information. 
On top of this, though, they also allow you to set up budgets that can be easily adjusted on the fly, so your finances never get out of control, or if you experience an emergency, it will be easier than ever before.

Should I Use Quickbooks For Personal Finances?

You should use Quickbooks for your personal finances if you are a small business owner, own a family business, or work on the books of your own small company. It is easy to use and has apps that work on Android and iPhone.

Is Mint Good For Financial Planning For Individuals?

Yes, this is suitable software for these goals. Mint is a customizable software that helps consumers track, save and spend their money. It summarizes any transactions made online and in-store. The app also provides insights on your spending habits with goals to help the user reach financial independence.

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