There are a wide variety of budget programs available online to help you regain control of your money. Which program you choose will most likely be a matter of personal preference. Most of these programs ask you to keep track of your expenses, divided into several different categories. They also can create graphics and charts to show you where your money has been allocated.

These budget programs are very useful in helping you to visualize your financial situation. For many people, charts and graphs are the most useful kind of information, since these allow them to see money as a physical entity rather than an abstract concept. However, you still have to do a lot of the work, entering the amounts spent just as you would with a pencil-and-paper budget. These programs keep a running total of your expenses in each category, which helps you see what you have left to spend.

Budget Programs Linked to Your Accounts

Another variety of the many available budget programs can be linked to your credit card, debit card and checking accounts. By using these programs, you don't have to remember to enter each expense. If you use your credit card to pay for dinner at a restaurant, for example, that amount will automatically show up on the budget program in the appropriate category. Programs linked to your accounts make the budgeting process less tedious, and therefore easier to maintain for a significant amount of time.

Some of these linked programs use a system similar to the old-fashioned envelope budget. Before our society became virtually cashless, with paychecks directly deposited and expenses paid with credit cards, each week's pay (in cash) was divided up among several envelopes, with appropriate amounts dedicated to rent, groceries, and other expenses. This allowed people to see how much they had left to spend in each category. Computer programs that use a cyber version of this system make the process seem as intuitive as the cash version, which is a great help to those who have trouble understanding complex financial systems.