No, you can start by using just one element of the software at a time, until you get comfortable using the software. Try using just the budgeting aspect of the software first, and then move on to using the net worth application of the software. Once you become familiar with how the software works, you can easily set it up to do electronic bill paying and banking by tying the software to the log in ID and password information of your banks and bills. You can use the software to help manage as much of your financial life as you want.