Posted in: Technology by Steve on November 22, 2010
Microsoft Money has been my main software for managing my finances since I can remember. I think the first version I used was Money 95 for free back in the day. I had tried Quicken, but was unimpressed and went back to using Money.
I have mostly used Money as a way to track accounts (checking, savings, loans & investments) and used as a calendar for upcoming bills. I wasn’t using any of the advanced features since I really had no need for them. I really just needed reminders to pay bills since I am really bad at remembering what needs to go out and when. My wife can attest to that.
When I heard the announcement that Microsoft was discontinuing updates to Money, I was rather disappointed. I am so used to the interface and has become a part of my nightly routine to monitor my financial situation.
So now, I have to find something that can take it’s place. I’d like to use something for the Mac, but I’ve not heard good reviews on Quicken for Mac, but I have yet to evaluate it.
Here are some that I am looking at using:
- MoneyWell – I already have purchased this software, but it does not have a very good calendaring system to notify you of upcoming bills.
- You Need a Budget – looks pretty intense and could have a lot of awesome features, but I don’t see a lot on bill scheduling and reminders.
- MoneyDance – haven’t heard much about it yet.
- Mint.com – I have been using a mint for a long time, but it doesn’t have a nice register or a way to remind you of bills that it’s not signed up for (such as ComEd, Nicor or other local bills). It’s one of the most requested features on their forums, but they haven’t set up a way to add a manual recurring bill yet, so this ends up not working for my purposes.
Right now, I’m leaning toward trying out Quicken for Mac and You Need a Budget to help wrangle our finances once Money goes away.