Financial Information
Personal Finance Software – What’s Your Favorite Software For Planning & Budgeting Your Personal Finances?
Question : Personal Finance Software – What’s Your Favorite Software For Planning & Budgeting Your Personal Finances?
I’m looking at Quicken 2008, Moneydance and others but keen on knowing your own choices that might have more features or just be a stronger complement.
budgeting and planning software
Best answer:
Answer by Dave L
I use Financial GPS. It’s a feature-rich personal finance software that allows you to:
- categorize & track expenses
- organize debt
- build budgets
- identify net worth
- create a retirement savings plan
It’s a full financial planning suite-in-a-box and a strong complement to both Quicken & Moneydance. It’s also much cheaper as the updates are free for life. Try the demo & videos from the site below.
Warning: personal opinions ahead. I have no connection to any of these products or companies. I have used Quicken forever and am hopelessly locked in to it.
Quicken is the gold standard, but its quality has consistently declined over the years. Intuit seems less interested in fixing Quicken bugs than in branching out in other, less productive, directions.
Moneydance is a very nice Quicken clone, and its creators seem to have more pride in their product’s quality than Intuit does. I’ve looked at a little and it seems to have about 3/4 of Quicken’s features and none of Quicken’s annoying bugs.
Microsoft Money is a total botch. Don’t even bother going there.
I’ve never heard of Financial GPS, but I’d be wary of any advertisement which read like this: DOWNLOAD INSTANTLY NOW FOR ONLY $ 89.99 no wait, $ 39.99!!! HURRY!!! This is a one time special and will expire on Sunday November 9, 108 at Midnite!
(I think they may have a Y2K problem.)
OBTW, the latest version of Quicken is 2009. I’m using 2007 and will stick with that until Intuit obsoletes it.
Bottom line? I think if I were starting from scratch today, I’d go with Moneydance.