03-23-2009, 10:22 AM
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Administrator
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Join Date: Nov 2004
Posts: 19
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Quicken Monopoly?
Quote:
The warning was shockingly clear: Upgrade now or "you will no longer be able to access ... [d]ownloads of your bank, credit card, credit union, or investment account transactions."
I had just received this message within Quicken 2006. It came in a pop-up alert box from Intuit, and it gave me a deadline. The download feature would be shut off for all users of Quicken 2006 as of April 30th. But I could avoid this fate by upgrading to Quicken 2009. "Buy now."
The ability to download bank statements directly into Quicken to balance accounts is a core function of the product. For me, Quicken is pretty much worthless without it. They had me by the you-know-what. For me, the warning amounted to an ultimatum: Upgrade -- or else.
The problem was, I'm trying to save money right now, and I didn't see much value in the upgrade. I use Quicken like most people use a microwave. It may be Deluxe "personal finance software," but to me that's just a fancy name for an electronic checkbook program. I push a couple of buttons a few times each month, download my banking and investment statements, balance the accounts and I'm done with it. I don't use the other bells and whistles the program offers, which is why I've passed on upgrading. Like the other Quicken 2006 holdouts, I haven't seen much benefit in doing so.
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Read Robert's full blog post and its series.
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