Editor: IntelliPenny is an easy to use software program to help you manage your personal or family finances. It implements a budgeting system using virtual envelopes Similar to the envelope budgeting system you may have heard of in the past.
With IntelliPenny you can easily track spending; manage checking, savings, and credit card accounts all in one location; easily reconcile accounts; and import transactions from your financial institutions.
IntelliPenny's Key Features:
The Envelope Budgeting System has been around for years. Instead of using real envelopes and cash, IntelliPenny uses virtual envelopes. This way you can still pay for your bills and purchases any way you choose instead of having to use cash. You can always tell at a glance how much money is still in each envelope thus helping you manage your expenses and not spending more money than you actually have.
Use Your Credit Card(s) Like a Debit Card
Credit card accounts in IntelliPenny can be marked as either "PAID off every month" or "carrys a Balance". Credit card accounts that are paid off every month are treated like a debit card where the money is deducted from your checking account or whatever account you specify as the parent account for the card. This means at the end of the month you will already have money set aside to pay off the card.
Online Banking
IntelliPenny allows you to download and import transactions from your bank and credit card companies.
Set Up Reminders For Bills and Other Important Events
Create reminders so you are never late on a bill again. You can also set reminders for other items that are important to you like appointments, birthdays, holidays, etc.
Wishlist
IntelliPenny's Wishlist feature allows to to keep track of items that you would like to purchase at some future date. This helps eliminate Impulse buys and allows you time to save for the items thus eliminating unnecessary debt.
