Money Manager EX is a free application and we are all volunteer developers. Help us to keep servers running and continue to provide the best possible service:
Financial management can become complicated when there is no clear understanding of how much money we are getting, regarded as income as opposed to our expenses. The first step towards better financial health, is to maintain good financial records: it's only when we have a clear understanding of where our money goes, that we can make an informed decision of where to cut back on our expenses. Of course there is no right or wrong answer to how spend money: here's where personal finance software comes in. They help to slice/dice the financial data to give better insight into what is going on. Always remember 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 Personal finance software, you are well on your way to making every dollar count.
Take note of all expenses and incoming in a clear view: divide and highlight them with different status. Search, filter and sort by every field to have a clear situation of bank accounts at any time.
Store all related documents attaching all file types to every element type (transaction, account, asset etc..). In this way it's possible to have always on hand invoices, receipts, contracts directly within MMEX.