Financial planning software is a digital tool designed to help individuals and businesses manage their finances effectively. It allows users to create budgets, track expenses, and set financial goals. By providing insights into spending habits and future projections, this software can assist in making informed financial decisions. Many financial planning software options also offer features like investment tracking, retirement planning, and tax preparation. Popular examples include Mint, YNAB (You Need A Budget), and Quicken. These tools can simplify the financial planning process, making it easier for users to achieve their financial objectives.