It is essential for businesses and individuals alike to keep an overview of the income and expenses.
Most individuals usually do not have to go as far as my grandfather who wrote down every single expense in great detail over the course of 40 years but it usually should mean to have a basic understanding of weekly, monthly and yearly budgets.
This not only helps avoiding overspending money but also assists you in finding unnecessary expenses to cut down on costs. If you notice that a utility bill is quite large, you may want to investigate options to cut the bill.
Update: The project is no longer available. It was turned in a web service some years ago, but the service is not available either anymore. We suggest you try the alternative Money Manager Ex instead.
Rainy Day Home Budget software is a basic budgeting software program for the Windows operating system. It requires the Microsoft SQL Server which will be installed as a free version alongside the program if it is not already installed on the computer system. A new account has to be created in the software program that you use to keep track of income and expenses of one or two individuals.
The budget software divides its interface into an income section that can be used to add recurring or one-time income, and an expense section where all the expenses of the individual are listed.
Bank accounts can be added to the budgeting software with the possibility to link these accounts to specific expenses which is great for situations where different bank accounts are used for specific expenses.
It is furthermore possible to add saving funds which are used to track money that is saved for specific purposes like holidays, a new car or celebrations. Rainy Day Budget displays an overview that contains all information that have been entered by the user. This overview can be printed. It is also possible to let the budgeting program calculate how a pay check should be distributed.
Rainy Day Budget is a lightweight home budget software program that can be used to quickly create an overview of an individual's or household's expenses and income.
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Ghacks is a technology news blog that was founded in 2005 by Martin Brinkmann. It has since then become one of the most popular tech news sites on the Internet with five authors and regular contributions from freelance writers.