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Finance apps are considered as life-saver to those who don’t have control over their expenses. It is important for everyone to manage the money flow in a better way to achieve their life goals in the desired time period.
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You need to keep an eye on every single penny that you spend on anything. To keep everything organized and to manage the money flow, there are many personal finance apps available for smartphones and PC systems. If you work on a Mac system, then here’s a list of the best Finance Apps for Mac.
Follow the list to know more about the different types of popular Finance Apps which you can install and use on a Mac system. Let’s get on to the list now!
Best Finance Apps for Mac
Contents
- Best Finance Apps for Mac
Cashculator+
Cashculator+ is one of the best and highly advanced finance apps available for Mac users. This app tracks your financial needs and works as per your command. This app is fully customizable and allows you to customize money flow. It also keeps an eye on your expenses and calculates things automatically.
The application serves decent user-interface that lets you easily navigate through different options. It has a simple menu with all the useful items and tools which you can use for free. You can also plan for the future goals and the app will tell you how much money you should start saving to achieve the goal.
It’s a complete professional app which is designed for the professionals only. If you are a beginner, then we would not recommend you to use this application as some of the features and functions of this app are very complex and not suitable for beginners. The app is for free and comes with in-app purchases.
CheckBook Pro
CheckBook Pro is the most advanced application designed for Mac users. Unlike other apps, this app features a list of advanced tools to keep everything organized. The tools included in this software fetch information from your accounts and prepares charts and layouts of your expenses and money flow.
All the tools and functions of this app are customizable ones. You can even add transactions manually to the chart. The navigation menu is very simple and easy-to-use, you can simply start using all the functions and tools easily by launching the app on a Mac system.
The application is there for free for a few days for testing purpose and after that, you have to purchase it from the AppStore on a Mac system.
Banktivity 7
If you are searching for a professional application that looks after your money expenses and future goals, then Bankitivity 7 is here for you. This is an all-in-one application which works on the Mac system as well as iPad and iOS devices with the same account. It keeps everything synced and allows you to edit and add transactions as per your choice.
This works automatically and fetches all the information about your accounts. Once you install the app, you can integrate your bank accounts to this app and the rest will be done by the app. It keeps an eye on every single transaction of yours and works. You can also customize your future goals and daily expenses from this application as per your needs.
The navigation menu is simple and anyone can easily explore the tools and features of this app from the main menu. The app is available Internationally and provides 24/7 customer care support to its users.
Bills
Bills is an intelligent and free-to-use application available for Mac users. If you are a normal user and want to keep an eye on your expenses, then this app is just perfect for you. It is for free and comes with limited features to track your expenses. It is compatible with Mac and other Apple devices including iPad and iPhone and keeps everything synced.
This simple tool is always there to help you with your personal expenses as well as other expenses. You can add transactions manually and can manage and customize the different tools easily. Easy integration and decent user-interface make this app a must-have tool for every Mac user.
BudgetTail
BudgetTail is yet another powerful and free-to-use Finance app for Mac users. The app has been updated to its latest version and now has a number of extra tools to manage the money flow and expenses of the users.
This is your personal budget tracker that lets you view your daily expenses and other things easily. The app quickly fetches the information from your personal accounts and prepares a detailed chart with all the useful things including your future goals and expenses.
Final Words:
The above list includes the top-rated and highly recommended Finance apps by experts and regular users. The list includes both, premium and free finance apps for everyone. You can select the app which suits your needs. If you are a normal user, then there are free apps also available on the list for you. Go through the list and find the most suitable finance application for your Mac system now!
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- Overall
The question of whether a Mac is superior to a PC in trading or vice-versa is a hotly debated one. There is no question Windows PCs are far more ubiquitous than Macs–with an OS market share close to 90% vs. just 9.2% for Mac OS.
According to Netmarketshare, there are more than 20 Windows-based PCs for every Mac!
But does the prevalence of PCs necessarily make them better trading tools than Macs?
For starters, the much higher price point for an average Apple computer certainly has a lot to do with their lower market penetration. A lightweight 13-inch MacBook Air will take you back a cool $1,000 and change—about double the cost of an average Windows PC.
On average, you pay a 50% mark-up for a Mac in order to get the same amount of processor power on a PC. However, for many traders who use a single machine for trading, cost might not be a major issue. The average day trader and forex trader is more concerned about whether their trading software, indicators and trading computers give them a trading edge.
Table of Contents
- 1 Mac Strong Points:
- 2 PC Strong Points:
Mac Strong Points:
1.) Easier to Set up
The Mac is superior to the PC is several ways. Macs are generally easier to set up, start up, use and even maintain, compared to an average PC.
- A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute.
- A PC typically involves much more hassle to set up and boot, which can be a critical consideration during the opening bell ritual.
This is before you add in the fair percentage of Windows junk—some would charitably call them “unwanted core apps” that you’ll need to rid your PC of, before you can start using it.
Of course, if you don’t know what you’re doing, you might accidentally delete necessary files/apps, so user beware!
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2.) Higher reliability
Macs have a reputation for being true workhorses that rarely break down. Mac hardware is single-vendor-controlled–by Apple.
Every components’ drivers are certified and supported by that one vendor. That dramatically cuts down on the hassles of installing and updating device drivers.
Although you can use the default VGA driver for a Windows PC, Macs have full-featured drivers, installed by default and right off the Mac OS X DVD.
Macs, on average, do not crash as frequently as PCs and do not need a lot of protective software such as anti-adware, antivirus, and anti-spyware that costs money and slows down machines.
You certainly wouldn’t want your computer to start acting up in the middle of a trading session!
Windows PCs have hits and misses, with some brands being more reliable than others. Lower-end PCs, in particular, tend to suffer a rather sharp drop-off in reliability after the first two years of operation, with problems such as overheating and cracked cases.
Macs, on the other hand, tend to be uniformly good with superb longevity.
Part of it lies in the use of higher-grade hardware by Apple, while the other part is due to the use of very stable software.
- The OSX platform is very stable and even older OSX versions work well enough for most purposes.
- A Mac will run for months with no need for a reboot.
- The underlying UNIX OS kernel is very stable and reliable.
3.) Better User Satisfaction/ Customer Support
When it comes to satisfying the user, Macs beat PCs handily. Macs have ranked at the top of customer satisfaction surveys for more than a decade. The same case applies to customer support.
Apple has an impeccable service record that many PC manufacturers would be hard-pressed to match. Many Apple products, including Macs, come with a one-year limited warranty and 90 days of complimentary phone support.
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If anything goes wrong with your Mac, you can book an appointment with an Apple Genius at an Apple retail store.
PC Strong Points:
1.) Better Compatibility with Major Trading Platforms
If there is one area where Windows PCs beat Macs hands down, when it comes to ease of trading, it’s Windows’ compatibility with major trading platforms.
A study, done by EZ Trading Computers, found that 72% of the largest and most popular trading platforms for day traders and forex traders are Windows-compatible, while only 28% have native Mac versions of their trading platform.
A native application is software that is specifically designed to run on a particular operating system.
Of course, this data was generated prior to StocksToTrade Pro, which is compatible for both Mac and PC.
The latest Intel-based Macs can dual-boot Windows. The ability of Macs to run Windows natively is a big step forward. But, pure Windows machines still have an edge in this category.
2.) Less Expensive
Some traders use multiple computers for trading and control all of them from one keyboard and mouse.
This allows the trader to distribute the workloads between the computers and can take one machine and carry it with them without interrupting the work processes of the other machines.
For a trader who uses a single machine to trade, the $400 or $500 difference between a single Mac and a PC might not be big enough to warrant choosing a PC over a Mac. But, for a trader who is using six machines, the cost difference between the Macs and PCs can be huge.
Throw in the higher cost of software for Macs and the difference might be too big to justify using a Mac.
3.) PCs are more versatile
With PCs, you really do get the best of both worlds.
- You can go buy a PC and everything is installed from the factory and will work just like a Mac, right out of the box.
- You don’t need a CD, because everything is installed already.
- If a Windows program can’t find a driver, then it goes out on the net and downloads it, so that’s not a big advantage for Macs.
Single-supported vendor or closed systems, such as OSX, are a double-edged sword that might not be worth much in the real world.
Single-supported systems smack of vendor lock-in and have less expandability and fewer options.
Converting a Mac to a Windows PC
For traders who would like to swing for the fences by running Windows-based programs and applications on their Macs, there is an option of running Windows and OS X simultaneously, through virtualization.
This is an attractive proposition for traders that prefer Macs but require some ‘must have’ Windows-only software.
Virtualization is hardly a new concept.
Leading virtualization company VMware offers VMware Fusion 11 that you can use to run Windows on a Mac/Linux machine. It works very well for the ‘must have’ things, such as email through Exchange in a corporate environment.
Another option is the use of emulation software for Macs called Parallels. The software creates a full Windows desktop environment, by seamlessly creating virtual machines with no need for rebooting.
You can expand your virtual Windows machine into full-screen mode and switch back to the Mac desktop simply by using the Command-Tab keyboard shortcut. Many people, though, prefer to switch back and forth between Windows and Mac desktops.
This can be achieved by hiding Windows desktop and simply displaying individual Windows apps.
For both Parallels and VMware Fusion to work well on your Mac, you need a powerful processor and enough RAM. This is because you will be effectively running two separate operating systems on the same computer, thus sharing resources.
For older Macs with limited processor power, running a virtual Windows machine can be a sluggish and pretty disappointing experience. Further, Parallels limits the number of monitors that you can use without seriously degrading the user experience to just two.
Both Parallels and VMware Fusion require under $70 for a single-user license.
The two products provide pretty similar features, though Parallels has a reputation for being a little more user-friendly than VMware Fusion.
Verdict:
Ultimately, Windows PCs continue to dominate the world of finance, simply because most trading apps are Windows-only programs. The average trader is, more often than not, a Windows user and most trading platforms are written for Windows PCs.
Even the trading programs that are written for Macs mostly employ a Windows-first approach. The versatility of the PC lends itself well to many trading platforms. If you do choose a PC for trading, go for a higher-end brand from a reputable manufacturer.
That being said, if you prefer a Mac, there is nothing stopping you from enjoying the user-friendliness we have all come to enjoy from Apple–especially if you are unhindered by pro-Apple software.
Want to know what we Recommend?
Check outour Top Trading Computer & Laptop Recommendations!
What about you? Which do you prefer and why?
Seriously, let us know in the comments below. We’re friendly and we don’t bite! 🙂
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Best Finance Day Trading Software For Mac Free Usa Free
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