I have been using Quicken for the last 2 years and I really like it. There are some limitations with this popular financial software. Mainly it’s not portable. I have it on my laptop, but that’s the only computer it’s on. My husband has to log into my computer, or constantly bother me, if he wants the snapshot picture of our finances. My brother in law said that he uses Mint.com and is very impressed with it so I decided to check it out.
I have opened up an account to start playing around with it. Some of the features I like:
- It’s FREE!
- It automatically updates your account balances for you
- It’s online, so not restricted to one computer and backups are taken care of for you
- It allows you to remember changes made to transactions and applies them to future transactions
- Connects to ALL of my accounts, unlike some other software I’ve used
Some things that initially concern me:
- I can’t change the main categories for transactions, only the sub-categories
- I only get the most recent of data that is stored online from my bank accounts during initial set up. Thus limiting the amount of data used to ‘create a budget’.
- No import ability YET! They are however working on adding that function.
I am going to play around with it for a month or two and see if I really like it enough to switch from the tried and true Quicken. I’ve also had my eyes on quicken online to see if that is worth it. But that’s another review.
