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RJH
Guest
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 Posted:
Tue Oct 25, 2005 10:01 pm Post subject:
Money or Quicken..?? |
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I've been a Money user for many years but the last few have been
disappointing at best.
I'm thinking of trying Quicken over Money.
If anyone is familiar with Money, could you give me some of the aspects of
Quicken that top Money and warrant me spending the $70 for Quicken deluxe.
Thanks!
RJH
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David Arnstein
Guest
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| Posted:
Tue Oct 25, 2005 10:36 pm Post subject:
Re: Money or Quicken..?? |
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In article <yxt7f.1108$u43.1012@twister.nyc.rr.com>, RJH <Bla@bla.com> wrote:
| Quote: | I've been a Money user for many years but the last few have been
disappointing at best.
I'm thinking of trying Quicken over Money.
If anyone is familiar with Money, could you give me some of the aspects of
Quicken that top Money and warrant me spending the $70 for Quicken deluxe.
|
I am using both programs. I find that Quicken is quicker, both to launch
and to respond to my keystrokes and mouse clicks. But Money is fast
enough to be very usable on my 3 GHz peecee.
Neither program has catastrophically destroyed my financial records,
which is always a concern with this kind of software. Even so, I maintain
many days of backed up data files for both programs.
The big headache with Quicken is the way it handles .QIF import/export.
Intuit has imposed restrictions on these operations that grow stronger
every year. I can't keep track of it. It is a completely unnecessary
pain in the ass.
The big headache with Money is the way that Microsoft promotes Passport
and Yodlee, both of which are terrible, and put your data at risk in
several ways.
Since I am able to use Money without Passport or Yodlee, I have a slight
preference for Money. Depending on how much love Microsoft has for
Passport and Yodlee, this might change (for the worse) in the future.
Two suggestions for you. First, prepare yourself for some aggravation
at first. Transferring your data from one program to the other will not
be flawless; you will have have to do some manual correction of errors.
Second, I suggest that you commit to running both programs in parallel
for at least two monthes. I am suggesting that you keep your financial
records absolutely up to date in both programs. That way, if one of the
programs lets you down, you can just carry on with the other program.
--
David Arnstein |
arnstein+usenet@pobox.com | |
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ob
Guest
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| Posted:
Tue Oct 25, 2005 10:50 pm Post subject:
Re: Money or Quicken..?? |
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Quicken is better for bank account tracking and easier to use while Ms
Money is better for investment accounts.
Both do same more or less. I would subjest you use the one that
supports your FI tho over which is slightly better.
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Steve
Guest
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| Posted:
Wed Oct 26, 2005 12:01 am Post subject:
Re: Money or Quicken..?? |
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"RJH" <Bla@bla.com> wrote:
| Quote: | I've been a Money user for many years but the last few have been
disappointing at best.
I'm thinking of trying Quicken over Money.
|
Stay with the one you're familiar with. The grass is always greener,
and many folks spend lots of time and aggravation in switching, only
to discover that the other product is also disappointing, although
possibly in different ways. Then they switch back.
******************************************************
A great many people think they are thinking,
when they are merely rearranging their prejudices.
....Edward R. Murrow |
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ob
Guest
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| Posted:
Wed Oct 26, 2005 8:01 am Post subject:
Re: Money or Quicken..?? |
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I can not stress this enough. If you bank with Citibank for example
they support full Quicken integration and they do not support at all Ms
Money.City National Bank in California also only support Quicken. So if
you bank with Citibank or City National Bank and use money your only
choice is Yodlee which is only 1 way. Plus if you read Ms Money forums
lots of people have reported download problems with Citibank for
example Yodlee will not downloads you checks memo info and shows ATM
and ATM purchases funny wont list the merchant you made the purcahse
at. But yet if you use Quicken with Citibank it will download the info
100% correctly.
On the flip side Schwab has problems downloading investment
transactions into Quicken and will make a place holder if you have a
sweep feature in your brokerage account while with Ms Money it will
download 100% correctly.
So I would look at which banks/brokerage houses you have accounts with
then consider which program best fits your needs. I personally use
Quicken because both my bussiness and personal accounts only support
Quicken directly and I like doing 1 set up and having all my info
download automatically into Quicken and being able to make all my
payments using the build in bill pay from Quicken.
With Ms Money I would be forced to make all my bill pays using my banks
web based bill pay as neither bank supports Ms Money. Yodlee seems not
to download payee line 100% accurate nor does it download memo info at
all. |
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RJH
Guest
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| Posted:
Wed Oct 26, 2005 4:01 pm Post subject:
Re: Money or Quicken..?? |
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Thanks for all the input!
RJH
"RJH" <Bla@bla.com> wrote in message
news:yxt7f.1108$u43.1012@twister.nyc.rr.com...
| Quote: | I've been a Money user for many years but the last few have been
disappointing at best.
I'm thinking of trying Quicken over Money.
If anyone is familiar with Money, could you give me some of the aspects of
Quicken that top Money and warrant me spending the $70 for Quicken deluxe.
Thanks!
RJH
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