Quicken is easily one of the most popular personal finance software packages on the market. It allows users to deftly manage their money with little fuss and interacts with various financial institutions, making budgeting and accounting a breeze. Users can create budgets, set up bill reminders, manage investment portfolios and their everyday accounts, including savings and credit card accounts.

The only downside to Quicken and all its features is that it costs money, and for many Australians and non-Australians alike, that is one commodity lacking in supply.

But what if we told you you could get most of the exciting financial features of Quicken for free? What if you were able to keep a detailed track of all your incoming money and outgoing funds just like you can with Quicken, except it costs nothing. In fact, being able to manage your entire personal finances in an efficient manner and not pay a penny for it just may be the straw that breaks the camel’s back, and get you organised!

Here are five fab alternatives available online, and you won’t have to spend another cent of your precious budget to use them.

1. Quicken Online


Source: Wikimedia

Quicken is one of the leading personal finance software packages that aims to make money management easy. In fact it’s so popular that they’ve finally released a free online version, aptly named Quicken Online. The main premise is the same, to help you keep control of your finances. All you need to do is register online and get started. With lots of cool graphs and an easy-to-use interface, you’re able to record debit and credit card transactions, outline budgets and set goals, helping you keep your finances in check and on track.

2. Gnu Cash

GNU Cash

Source: Wikimedia

Originally designed for Linux, Gnu Cash is now available for Windows and Mac on open-source. The software is easy-to-use, though doesn’t have all the bells and whistles of more expensive programs and is most popular among current users for its double-entry accounting system and its compatibility with Quicken and MS Money.

3. AceMoney Lite


Source: Wikimedia

The only difference between AceMoney Lite (the free version) and its big brother AceMoney is that you can’t manage multiple accounts, which is good news for those wanting it solely for personal use. It allows you to track your spending, create and manage budgets, track investments and plan debt and mortgage payments. You can also combine AceMoney Lite with online banking and use it in business transactions on places like eBay and use it to track orders/purchases on the likes of PayPal or RegNow. Although a native Windows application, AceMoney Lite runs just as well on Linux and MacOS.

4. Grisbi

GNU Cash

Source: Wikimedia

This personal accounting application may require a little time in setting up but once you get going it’s simple to use. Options are arranged in tabs, making access to each section quick and easy, and once you’ve got your finances arranged the application allows reports to be generated and presented in a number of ways. Other features include multiple account management, expenditure and receipt categories, scheduling future transactions and reconciliation. Grisbi can also manage multiple currencies, and although the default setting is in Euro it can easily be changed to a currency that suits the user. Grisbi is available for Windows, Linux and Mac.

5. MoneyTrackin’


Source: MoneyTrackin

With the tagline, ‘the free online tool to regain control of your financial life’, MoneyTrackin’ has a clean, simple interface, which makes it easy to use for both personal and small business money management. In addition, there is a shared expenses feature, which is perfect for housemates who want to make sure their finances don’t spiral out of control, or for couples wanting to budget for their next trip abroad. MoneyTrackin’ is also accessible via your mobile, so would suit those with an obsession to maintain their budget.