Paradox of Personal Finance Management Software

Nowadays, everything in this world is related to money. Without money, one can never do anything. Some people would defy this statement and say that they could grow their own crops and breed their own poultries without spending any money. But this is definitely ridiculous and senseless as even the fodders that you feed to the farm animals have to be purchased from other vendors. The importance of money in this world has grown significant over the past years and the skill to manage money wisely is a must in order to maintain a good financial status. To achieve this, many people chose to use personal finance management software to help them manage their finance. This includes a variety of software that can help record expenses, calculate budgets, display graphs of transactions, formulate debt calculations and etc.

However, the finance software present nowadays are very fancy with overlapping figures, rich colours and includes complicated functions that only an accountant knows how to use it. This in return causes paradox as it defeats the purpose of helping users manage their money as they don’t even know how to use the software. So the point is, why create software of which the intention is to help users but on the contrary it is not user friendly and causes users to dislike using them.

It is very contradicting to create multifunctional software which nobody wishes to use it. I myself was a victim of this as I once faced problems regarding finance management as it was troublesome to keep records of all my transactions which lead to me to buying some costly personal finance management software. However much to my surprise, most of the software that I bought was overcomplicated that I could not even understand how to use it which contains tons of additional functions that I did not require. I was furious after spending days trying to understand the software and finally I was frustrated and gave up using the software and hired an external accountant to help me manage my finance. Thus, this paradox should be taken into consideration by the programmers to stop trying to load their software with more advanced functions but instead make software that is simple and contain only the mandatory functions. This would definitely lead to a better market for personal finance management software while at the same time help solve the problem the society is facing.

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