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Simple Home Money Management is handy money management software, which helps you keep track of the income and expenditure, and make budget plans which comply with your real financial statement.

To successfully plan your money, you’d better get familiar with the program. Simple Home Money Management is designed with simple-to–use interface. First of all, the four big colorful icons will help you quickly handle and use it to monitor your financial. The software provides with a large amount of income and outgoing categories, which are easy to understand. With it, you can create individual expenditure or income items as you like, such as clothes, food, cell phone fee and so on, so you can see where your money takes and goes.

Another good feature in the interface is the total absence of infomercials. There are no links to sponsors, no ads embedded in icons, banners, and buttons, no corporate logos. Simple Home Money Management is calm and keeps you that way.

The reports can be viewed as bar and pie charts, and you take a look at an up-to-the-moment overview of your financial position and concise costs and areas of excessive expenditure. The program also provides future planning so that you can project expected costs and income and know how much money you will have in the bank at a future date. This all gives you more control over your family budget and prevents from ending up poor.

Password security is available, which helps you to keep all the private information safe. This function is available for full version users.

The process for installing the program is very easy. Just download the software, double-click the setup icon to begin the installation, and then follow the on-screen instructions step by step.

Now the software has successfully installed in your PC. The setup step is very essential and it contains three steps. First is the categories setup. There are two major parts, income and outgoings. You can add items such as food, clothes to configure the category and subcategory. Each item has its own icon, making it more visual and vivid. The second step is creating accounts. You can input the account name and bank number into the box. The account, the second step, contains the income and outgoing transactions and represents credit cards, for example VISA, or check, saving and investment accounts. Please note that the trial version can only be allowed to create one account. The budget is for reflecting bank account, check account or saving account. You can select any months of the year to make a balance of all accounts budget and financial year. Meanwhile, income and outgoings can be well planed and managed.

Getting familiar with the interface is necessary. The SHMM interface is well-designed with five big navigation colorful icons.

1. Home - always returns you back to the SHMM home screen
2. Setup - reveals the SHMM setup options, use these options for ongoing maintenance
3. Enter Incoming and Outgoings - select an account to update your income and outgoings
4. Reports - track your forecasted progress, your actual progress and more via a variety of reports
5. View Latest Tips and News - links to our website and updates you with the latest happenings with Simple Home Money Management

Easy budget tool
Practically, planning all your financial and effectively spending money you have without in heavy debt is no very easy to everyone. Simple Home Money Management helps you gather and group the income and outgoings, and view the budget in clear report form. You can compare your spending year-to-year or month-to-month provided by the program, and then create a budget that really works for you. Though the workable and reasonable plan, reducing or eliminating your debt, keeping more extra money in your hand is the achievable goal for you.

Integrate income, spending and personal value
The software provides an intuitive and efficient money management method that keeping track of your money gains and spends. Not only can you manually input the all the category and subcategory items, but also directly input your bank statement in OIF or OFX file. Just as the picture below shows:

Click the “Enter” button, and you will go to view the account in specific items. Taking a glance at the overview, you may handle every new transaction in chronological order. Different ways of viewing the check are available. By clicking the tabs listed in the form. For example, you can view the items according to the amount by clicking the “amount” tab. You can keep updating the income and expense every day. The clear record you take can help you know your financial better, and manage the income, expense and debts all in one place.

Actually the software does not limit the number of accounts, so you can create saving or checking account of different people in the setup section.

Clear and concise report
Excellent and informatics reports can track your forecast progress, actual progress and more.

As the picture above shows, clicking the “Report” button, you may see 5 menus along the left side. Different kinds of reports can be seen one by one. The first menu is about the annual home budget you make, while the second menu provides a year to date against the budget report, you can get the budget information in detail. The third and the forth menu includes the pie chart of actual income and outgoings. Meanwhile, it is possible for you to view every detailed category in a bar chart. You can get it just by clicking the fifth menu. Besides, the intuitive and graphical chart can be printed out.

 

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Overall Review: Simple Home Money Management is the useful and fascinating software with easy-to-use income and outgoing categories that motivate you to track where your money has gone and make reasonable budget. The software is simple but smart that not only for home using but also for small business. The tiny shortcoming related to installing and uninstalling doesn’t veil its conspicuous merit. Anyone who is eager to stay on budget is suggested to have a try.