Keeping your personal and business finances running smoothly requires the right tools to help you.

Here is a list of financial management resources and tools that I recommed.

Business Resources:

FreshBooks – Easy to use online software to manage your bookkeeping! Great for freelancers.

Xero – another easy to use online accounting software.  This one is a bit more robust than FreshBooks.  It will do inventory, multiple currencies and create purchase orders. If I were starting from scratch I would choose this one!

Web Hosting – BigScoots!  I have run my own website since 2002 and have used many hosting companies.  Hands down, BigScoots is the best.  Why – best customer service and great up time!  Plus they are right in line on pricing with the big boys!

LivePlan – gone are the days when you used word and excel to try and create a business plan.  No more multiple documents, hand entering data and hoping it all looked nice.  I was ecstatic when I found this software, it walks you step by step through your plan.  Even gives you handy tips along the way.  I might even be able to through out my old business planning guide book!

Hiscox Small Business Insurance – one of the most overlooked finance items for new businesses is insurance. Don’t leave your company at risk for loss. get yourself covered!


Organizing Personal Finances: – Mint is a great way to quickly keep track of the money moving and and out of your accounts. My favorite part is the alerts when you are getting close to your budget limit. Even better part – FREE!

Quicken – As much as I like the ease of the above programs, eventually when you have enough money and are investing Quicken becomes a better tool for tracking everything. I like that I have my data file, I have all my investing records as far back as 1998 and there are better reports for checking investment performance. Plus now they offer things like receipt uploading via phone!!!! (I am very excited about this!) *** Lately it has been a bit wonky, but they are getting new ownership so hopefully they can clear out the bugs. It is still however my preferred software.


Morningstar: I use Morningstar for all of my investing research. I do use the premium version and have since 2001. It is easy to use and you can sort by just about any criteria you want. They also have a cool portfolio analyzer tool that lets you get an overview of everything in one place. While there are a few things I wish they made easier, it is the best resource out there to quickly analyze your investments. Very helpful!

Brokerages – I recommend you start investing with a brokerage account that allows you the flexibility to have mutual funds, ETF’s, and stocks.  This allows you to change investments without changing companies and you have everything at one place.  Examples of brokerage companies are:TD Ameritrade, Fidelity and Schwab.


Other (Taxes, Estates, Etc):

HR Block – If you are not using a CPA then I recommend using HR Block. They have the best training in the industry, the online services are backed by their experts and they make things as painless as possible. I not only used them before switching to a CPA, but I also worked for them!

US Legal Forms – I recommend everyone have a will specific to their state. If you don’t have the money to hire an attorney use US Legal Forms. Plus they have just about every legal form you could want. I have purchased both rental contracts, power of attorney and business forms from them.


Disclosure: Please note that some of the links above are affiliate links and I will earn a commission if you purchase through those links (at no extra cost to you).