Re: [PLUG] personal finance application

["Soren Harward" <sth@freeshell.org>]

On 9/18/07, Chad Vogelsong <csv@gamebox.net> wrote:
> I've found the applications below and am just looking for opinions on
> use.  Who thinks which one is better and why?  If anybody has other
> suggestions, I would be happy to add it to the list.

I've been using Gnucash for about three years now.  "Double-entry
bookkeeping" sounds intimidating, but it takes all of about 20 minutes
to learn, Gnucash does 90% of the work for you, and the practice pays
off big time when you decide to do any kind of analysis, budgeting, or
forecasting.

The only major complaint I have against Gnucash: it doesn't manage
securities (eg, stocks) very well.  It will keep track of them, and
can even download share prices from Yahoo finance.  But calculating
capital gains/losses is a headache.  The programmers keep saying that
they're working on this part of the program, but so far, the
badly-needed enhancements haven't showed up.  If you do a lot of
securities trading and want to track it in detail, then you're going
to want something besides Gnucash.

-- 
Soren Harward
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