Personal finance programs today have a lot of features, but they can be quite expensive. Buddi is an open source and easy to use personal finance software. Developed by Wyatt Olson, there are versions for Windows, the Mac and Linux. Note that it only runs on Mac OS X 10.4 or later.
Buddi provides enough budgeting and finance functions without complicated menus and options. The tabbed interface is intuitive. You can make new accounts for savings, investments, checking and cash. You can also add a prepaid account, loan, line of credit liability and credit card.
The budget options let you place transactions under Misc. Expenses, Auto, Salary and so on. Buddi can produce pie charts and reports for your net worth, expenses, average income and income.
After installing Buddi, you can create a new account under Edit, Create Account. From there itís a snap to create a budget. The programís default categories can save you the trouble of making new ones. Go to the Edit menu to modify, delete or add a category. To enter transactions, click on the desired amount in any account. If you want to accumulate cash totals, use its prepaid accounts option.
Buddi can encrypt data, but make sure you donít forget. There is no way to recover a forgotten password. The software can synchronize data, import and export files. There is support for plug-ins to enhance its functionality.
Buddi is easy to use. The account registers are accurate. For a personal budgeting program, it does the job well. The software is suitable for those with just a few accounts or multiple ones. If you need reports, downloadable transactions and viewable accounts, this will do just fine.