nmxdaven
10-14-2007, 11:20 AM
I`m looking for a Christmas present for my father, and I was thinking about getting him some type of money managing software (Microsoft money, quicken...) and some training books for it. He has managed the family finance and his business finance by hand for the past 20 years, and its VERY "oldschool" if you get my drift. But after the growth of his business it seems to take up a majority of his time, and he refuses to hire someone to manage it for him. (He really just trusts himself)
The main issue is it needs to be able to manage some pretty big numbers. We have 5 family checking accounts at around 1m total that he maintains from deposits from his business accounts, our family credit cards, usually around 10k a month total, and his business checking and savings. (Have no idea about the number or amount in those, but I would guess its up there)
Does anyone know how well these programs would work for this? I use Microsoft money for my personal accounts, but as a 21 yo graduate student my accounts are a tad bit smaller than his. :nervous: I just want to make sure something like this would even be valid for his application.
Thanks!
The main issue is it needs to be able to manage some pretty big numbers. We have 5 family checking accounts at around 1m total that he maintains from deposits from his business accounts, our family credit cards, usually around 10k a month total, and his business checking and savings. (Have no idea about the number or amount in those, but I would guess its up there)
Does anyone know how well these programs would work for this? I use Microsoft money for my personal accounts, but as a 21 yo graduate student my accounts are a tad bit smaller than his. :nervous: I just want to make sure something like this would even be valid for his application.
Thanks!