Green Sherpa: Personal Finance Tool with Projected Cash Flow Feature
Personal finance tools are currently very popular, especially with the rise of Mint in the USA lately. Green Sherpa is another such personal finance tool that has just been released.
Green Sherpa features include:
- Uses a check-register format to track your transactions.
- Automatically categorizes your spending.
- Allows users to edit transactions and categories as needed.
- Supports split transactions and bank reconciliation.
- Allows users to set and track financial goals.
The key feature that other sites liked about Green Sherpa was its ability to project cash flows.
With Green Sherpa, budgets are a thing of the past, literally. Budgets only represent an AVERAGE, or IDEAL, month. In reality, cash flow is more fluid than that. Green Sherpa’s Cash Flow Projection feature allows you to create a forecast of future cash flow based not only on your historical spending but, more importantly, on your future PROJECTED expenses and income. This feature lets you enter one-time anticipated expenses, or create more complex structures such as bi-weekly or bi-monthly schedules.
Green Sherpa however works on a subscription model rather than a free model like most of its competitors. Green Sherpa has a 14 day trial and then $7.95 per month ($5.95 per month if you sign up for a year at a time).
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