When tracking your financial goals and budget, you don't have to use a software program, or even a budget. You could use a notebook, and pen or pencil if you want, but that wouldn't be as easy or efficient. When it comes to choosing between software and spreadsheets, which should you choose?
It's hard to say that one is better than the other, because they both have their ups and downs. If you want overall ease of use, the software might be better. First of all, you don't need to design anything as you would a spreadsheet, unless you found a predesigned spreadsheet.
On the other hand, you can make a spreadsheet incredibly simple which would take you all of ten minutes, less you are proficient with excel spreadsheets. In this case, a software program might be better if you are looking for something more complicated to handle your many accounts, goals, and expenditures.
If you really want to know what will work best, you need to try them both out. You might even end up trying out a couple different financial software programs to find one that worked best for you. Give them a try and see what you think.
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