I’m a big proponent of tracking my money. Each month I document and review my spending, investments, and credit scores. On today's audio show, we discuss the best alternatives to Quicken. You can find the full article here: https://thecollegeinvestor.com/21040/best-alternative. Until about two years ago, I used Quicken, one of the most popular desktop money management software programs. Quicken is powerful and has many excellent features. Unfortunately, I began having problems syncing all of my financial accounts, including my. I could have continued making manual entries into my Quick app. But that is time intensive and can lead to tracking errors. Instead, I used this as an opportunity to reevaluate how I was using Quicken, and whether or not I could find an alternative to Quicken that would meet all my needs. Deciding to Replace Quicken After reviewing how I was using Quicken and what I needed to accomplish, I realized I didn’t need all the Quicken features, such as check printing and bill pay. My primary objective was to track my investments (primary) and my spending (secondary). I wanted something that was fast and easy to use and automatically synced with my financial accounts. I also realized there were several downsides to Quicken that hindered the way I wanted to use the app: • Desktop only. Quicken Online was shuttered years ago in favor or Mint.com (at the time Intuit owned both apps). So you are locked into using Quicken on one computer. • Different Mac and Windows versions. The Windows version is more powerful, however, I use a Mac. Pdf extension for mac outlook. • Annual membership fee. Intuit, the former Quicken owner, supported the software for 3 years after it was released. The last version of Quicken I owned was Quicken 2015. Support for Quicken 2015 ended on April 30, 2018, meaning I would need to upgrade to the latest version to continue using many features. Unfortunately, Quicken was recently sold and the new ownership group now requires an annual membership fee. So I decided to try some Quicken alternatives. I opened accounts with several different money management apps. I discovered there are many competent competitors to Quicken, and we’ll look at a few in this overview. Criteria for Our Ratings Below are our favorite Quicken alternatives. Several of these apps are free, while others may have a one-time purchase fee, or may have a subscription model, similar to Quicken. Price was a consideration in our ratings. Free, obviously, is a selling point. But the price is not the only selling point. We also considered which features each of the apps included, such as the ability to sync with financial institutions, whether or not the app supports investment accounts and budgeting, or if the app only offered one or the other. Best Quicken Alternatives. 8 Quicken Replacements: • • • • • • • • 1. Personal Capital – Best App for Tracking and Investments and Spending. It’s easy to open an account and start tracking your money. Simply open an account with Personal Capital, link your financial accounts, and start digging in. Because it offers so many complimentary features, including the ability to view and track all of your investments in one place, as well as track and manage your spending. Quicken has a few additional features, such as bill pay. But I use my bank to handle those needs. My favorite feature at Personal Capital is being able to quickly and easily view my asset allocation across multiple investments accounts. This makes it incredibly easy to rebalance my asset allocation or decide which asset classes I need to purchase when I make my next 401k contributions. Additional Personal Capital Features: • Online access, so it can be used on any computer (bank-level security) • Manage investments • Track spending by expense category • Retirement planning tools • Analyze your investment fees • Free online account Learn More or Sign up for a Free Account: • Learn More – • Open Free Account –. Mint – Best Free Budgeting App Mint is our runner-up. That doesn’t mean Mint isn’t a great product – it is. However, the target audience is geared more toward those who simply want to track budgeting and spending. It does not have the full-features to track investments like those offered by Personal Capital. Mint also has a long legacy in the financial space. It was purchased in 2010 by Intuit, which is the company that brought Quicken to the world.
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