Thursday, October 1, 2009

RupeeManager in Private Beta Now

RupeeManager is a easy-to-use personal finance software to manage your money. It primarily helps organize one’s finances and keeps track of where, when and how the money goes and comes.

Measuring something has an uncanny tendency to improve it. And that’s what RupeeManager helps you to get started with.

Other than tracking your earnings and your expenses, it is important to see if your money is working for your future. We have a feature where you can allocate your income among fixed expenses, discretionary expenses, short term savings and long term investments. It’s like assigning goals for your money.

Also, you will get an idea how to balance your portfolio according to your risk profile. You will match the portfolio with your risk appetite and see if you can take more risk or go more conservative. In other words, you get to decide your asset allocation strategy.

It is always good to remember that the software can only be as good as the data it has to process. Garbage In Garbage Out. But if you have started thinking of even using a Personal finance software you are well on your way to making every Rupee count

The guiding principles behind the RupeeManager has been posted before. Link

You may like to see the Manual before you want to participate in the private beta.

I have some of my friends participating in the private beta. Would you like to participate too? Please visit this post

Note to Readers

CFDs offer the ability to trade without having to physically own the underlying asset Contracts for Difference are traded on margin and are therefore a more efficient use of your capital.

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