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clearedforlanding
15th February 2016, 12:42
Can anyone please recommend a piece of personal finance software that:

Is not an app.
Is preferably not Web 2.0.
Does not need to import data from bank accounts.
Is simple enough for a 12 year old.

It's proving quite hard to find. My 12 year old doesn't need to file a tax return on her piggy bank or calculate PAYE on her pocket money.

?

FatLazyContractor
15th February 2016, 12:45
And you are expecting a knight in a shining armour in "General" to help you with that?

:popcorn:

WTFH
15th February 2016, 12:46
What does Gideon use?


Cause he's no better with money than the average 12 year old.

Troll
15th February 2016, 12:49
Could you not use Excel?

clearedforlanding
15th February 2016, 12:51
Could you not use Excel?


I could.

northernladuk
15th February 2016, 12:52
Does she have a contract of employment?

Troll
15th February 2016, 12:52
I could.

Could you not teach a 12 year old how to use Excel?

clearedforlanding
15th February 2016, 12:57
Could you not teach a 12 year old how to use Excel?

No. A tool that is easier to understand encourages adoption.

I want to teach my daughter the importance of budgeting, not spreadsheet formula.

northernladuk
15th February 2016, 13:01
I get what you are saying but surely if they can't use the tools to visualise it it's going to be very difficult. I did exactly the same with my two as a double edged sword to learn Excel AND budgets. Started them off with a simple list and taught them more complexity in small steps.

It's worth doing. As soon as they were competent with excel I got them on the company PAYE and paid them 10k each for book keeping.

clearedforlanding
15th February 2016, 13:01
And you are expecting a knight in a shining armour in "General" to help you with that?

:popcorn:

Judging by the number of investment wizards and BTL millionaires that reside here I might just be lucky.

:frown

Troll
15th February 2016, 13:06
No. A tool that is easier to understand encourages adoption.

I want to teach my daughter the importance of budgeting, not spreadsheet formula.So you want something with unicorns and an excel back end

Troll
15th February 2016, 13:12
Is your hope that in the future she will become the first female ever to live within a budget?

clearedforlanding
15th February 2016, 13:12
I am going to ask my accountant.

FatLazyContractor
15th February 2016, 13:17
Judging by the number of investment wizards and BTL millionaires that reside here I might just be lucky.

:frown

Well, that summarizes AtW and MF in one line :eyes

FatLazyContractor
15th February 2016, 13:19
I get what you are saying but surely if they can't use the tools to visualise it it's going to be very difficult. I did exactly the same with my two as a double edged sword to learn Excel AND budgets. Started them off with a simple list and taught them more complexity in small steps.

It's worth doing. As soon as they were competent with excel I got them on the company PAYE and paid them 10k each for book keeping.

Did you invoice them for training? Or does your company have budget for training prospective employees?

pr1
15th February 2016, 13:23
what kind of budgeting does a 12 year old have to do?

+1 excel, it'll take you 5 minutes to code, 10 minutes to make it look pretty

WTFH
15th February 2016, 13:25
what kind of budgeting does a 12 year old have to do?


Well, if she needs help, my rates are quite reasonable, can she budget for that?

northernladuk
15th February 2016, 13:27
Well, if she needs help, my rates are quite reasonable, can she budget for that?

There is just that matter of your ASBO.

clearedforlanding
15th February 2016, 13:30
There is just that matter of your ASBO.

I am more concerned about the SOR.


OK, Excel it is.

Troll
15th February 2016, 13:32
I am more concerned about the SOR.


OK, Excel it is.Purely personal - what's your gender?

darmstadt
15th February 2016, 13:34
GNUCash probably a little bit too much but how about something like Buddi: Buddi - Home (http://buddi.digitalcave.ca/)

clearedforlanding
15th February 2016, 13:36
GNUCash probably a little bit too much but how about something like Buddi: Buddi - Home (http://buddi.digitalcave.ca/)

Thanks. Knowing my daughter a tool that presents a budget with a calendar view is going to be more intuitive to her.

vetran
15th February 2016, 14:02
Well, that summarizes AtW and MF in one line :eyes

he wants to get lucky with MF & AtW :puke::puke::puke:

LondonManc
15th February 2016, 14:07
I hear Adam Johnson has suddenly become unbusy.

northernladuk
15th February 2016, 14:13
You need to get a bit tougher with them. In my house even toilet time is learning time...

https://myleastfavoritechildtoday.files.wordpress.com/2015/12/baby-reading-newspaper-toilet.jpg?w=226&h=308

SimonMac
15th February 2016, 14:31
Try this?

Pigbys Fair (http://personal.natwest.com/personal/savings/first-saver/pigby-s-fair.html)

pr1
15th February 2016, 15:10
Try this?

Pigbys Fair (http://personal.natwest.com/personal/savings/first-saver/pigby-s-fair.html)

FIRST RULE!

"Can anyone please recommend a piece of personal finance software that:
Is not an app."

SimonMac
15th February 2016, 15:18
FIRST RULE!

"Can anyone please recommend a piece of personal finance software that:
Is not an app."

Ooops :laugh

LondonManc
15th February 2016, 15:28
I'm with NLUK on this one - teaching them spreadsheets and budgets at the same time is a great idea.

greenlake
15th February 2016, 17:55
Can anyone please recommend a piece of personal finance software that:

Is not an app.
Is preferably not Web 2.0.
Does not need to import data from bank accounts.
Is simple enough for a 12 year old.

It's proving quite hard to find. My 12 year old doesn't need to file a tax return on her piggy bank or calculate PAYE on her pocket money.

?

KidsSave (http://www.kidnexions.com/kidsmoney/kidssave/)
My Budget Planner For Kids - Teach Your Child To Manage Money Wisely! (http://www.mybudgetplanner.com/MBPkids.htm)