Personal Finance Software: AceMoney Review

Back in 2000 I decided that learning anything Economy related was not for me (boring, difficult, have I mentioned boring?). Fast forward 9 years and I was happily using a personal finance software, running my small web design company and reading anything I could about personal finance. That’s life for you.

The first ever PF software I decided to use was AceMoney. Tested it for few days, then bought a license for it.

It helped me track my spending for more than 5 years and showed me exactly where my money is ‘going‘.

At the beginning of 2015, I started testing another similar program (You Need A Budget), even few tablet apps that allow me to budget, but AceMoney has remained my favorite.

Here are some of my reasons to still use it:


AceMoney pros

It runs on my PC

Yes, I am one of those ‘weirdos’, who dislike running server-based apps with all their financial data. Yes, I do have a bank account and a paypal account, but I like to keep my budgeting private.

So, being able to install a PC software to do my expense tracking and everything else was clearly the only option for me.

It supports multiple currencies

In our household we track at least 3 different currencies: Romanian Leu (our country’s currency), Euro and USD. Not being able to use them all in a budget setting is my biggest pet peeve with YNAB, the reason why I chose to discontinue using it. Yes, I can create multiple budgets and no, I don’t  have the time or willingness to complicate my life too much.


I usually have all my stuff in English, even if I am Romanian. There are tens of languages supported, so it’s easier for international users to manage their financial details.

It’s easy to use

My experience in ‘accounting’ is a huge zero, this is why I was looking for something easy to use. AceMoney was installed in seconds and everything there is so simply laid out and intuitive, that even someone who has no experience with expense tracking or budgeting can do a great job.

I can get a multi-currency net worth

Having all these currencies to work with, it’s pretty tricky to know how much we are ‘worth’. AceMoney makes it easy, since, based on its current exchange rates, it gives us the appropriate number. Of course, it might not be ‘perfect’ (because of said exchange rates), but it’s still an amazing tool to give us a view on how we’re doing.

Pay once and .. goodbye

I hate subscriptions, I hate hidden fees. AceMoney costs $39.99, money I actually paid even when I was almost broke – great investment. You can use a free version for 2 accounts (AceMoney Lite), which works just like the full version. I decided back then to purchase the full version after 2-3 days of tinkering with it. Fell in love, paid the price, never regretted.

AceMoney cons

It’s ugly

OK, you’ll laugh, but, since I am a graphic / web designer, I still go by looks, even when it comes to my software of choice. AceMoney looks like it was made for Windows XP. The good thing is you can customize some colors and fonts, which can make it look more appealing.

No mobile support

In the age of smartphones and tablets, AceMoney has a desktop only solution. You cannot sync between various devices, you cannot use it outside your computer environment.

I have to say that, after quite some time since using it (and also trying various other solutions), AceMoney is my personal finance software of choice. The best thing with it is that you can try it for free and then, if you like it, purchase the license.

What PF software do you use? Have you tried AceMoney?


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Recent Comments

  • jANE

    September 4, 2015 at 6:22 pm

    Thank you so much for such a detailed review!
    The price seemed a bit steep when I first heard about this personal finance software, but this is actually one of the cheapest ones on the market right now. For the moment, I’ll probably stick to the free version though 😀

    • Ramona

      September 4, 2015 at 6:32 pm

      Welcome to PFtoday, Jane.

      Yeah, it seemed a little steep for me as well, especially since I was trying to get my business up and had little income, so I used the Lite version for 2-3 days. It’s the same thing, you are just limited to 2 accounts. After these initial days, I loved it sooooo much, that I paid for the license and never looked back 🙂

  • monique

    September 14, 2015 at 8:08 am

    I wouldn’t say the AceMoney user interface is ugly, I’d use the word simple 😀 I just can’t offend a personal finance software I’ve been using for quite a while now 😀

  • Jasmine2015

    September 27, 2015 at 1:31 pm

    I haven’t gone into the habit of tracking my finances yet. Being able to use some type of software would really be nice. That way when I want to writ something down, I’m not worrying about a loose page missing. Besides, I’m more likely to lose a notebook before I misplace a computer. You are also right that when doing your finances, it’s best to keep it private. You never know what can happen.

  • M. Freelancer

    December 11, 2015 at 9:30 am

    I’ve never used a personal finance tracker / software, but it’s time I start. AceMoney was the one I had in mind as well, I’ve read a lot of good reviews online, I’m sure it’s one of the best first choices in the matter. Besides, anything’s better than pen and paper!

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