[iabdulin]

Entering transactions manually is THE POINT of HoneyMoney. You need to pay attention to your money to change your habits. Manual tracking forces you to keep your money under your regular supervision.

There're a lot of tools which will automatically import your transactions. HoneyMoney chooses the different way, trying to make tracking and planning a habit, promoting the idea that nobody can do this work for you.

It just tries to simplify the process and make it enjoyable.

[cweagans]

That's all well and good, but I have too many daily transactions to make that feasible (too many accounts for that matter). IMO, that level of manual tracking is a bug, not a feature. If I want manual tracking, I can use Excel.

Accounting is neither simple nor enjoyable, and a computer can easily do it for us. Why not figure out how to make the process automated but still form the habit of actively tracking one's finances?

[iabdulin]

There're already tools which choose to do "automated" tracking. HoneyMoney caters to people who want to do it manually (more control, security, precision).

The thing is that Excel is not designed to help you with manual tracking. HoneyMoney is. For example, you can plan all recurring transactions and then you just confirm them as they happen. Or you can combine multiple transactions into one. Those things simplify the process a lot.

"Accounting" can be enjoyable. Some people do enjoy the level of control they get from doing their personal finances.

For example, you spend $120 at a restaurant last night. Today you enter that expense into HoneyMoney, and have a chance to see how this expense changed your situation, and think for a moment a second time about it, was it worth it or better not go there again. Computer won't do it for you.