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? Personal financial software similar to Quicken alternatives
May 23, 2018
10:35 pm
Hmm
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I am ditching Quicken after I just received notification that I will no longer be able to download financial transactions from my accounts.

Are there any recommendations on similar (preferably free) alternatives?

Maybe there is a file that can batch convert all my bank accounts (I have many) into a spreadsheet format?

Thanks in advance.

May 24, 2018
4:27 am
Top It Up
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So, you haven't said whether these notifications are from Quicken, the FIs, or are error messages.

If you are using Quicken on Windows and they are error messages take a read through here

https://www.quicken.com/support/web-connect-troubleshooting

---------------------------------

I don't know if these notifications are resulting from the impending EU General Data Protection Regulation (GDPR) legislation or not, but a lot of companies doing business internationally are getting caught in the crosshairs and are having to comply or withdraw services until they can comply.

I run Quicken on a Mac, and I haven't been able to use that feature for years so I've had to adapt my usage. Since I only use a single account for all the daily living expenses it didn't take much of a change in habit.

May 24, 2018
6:51 am
Norman1
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There was an earlier discussion Personal Finance Software - give it a try about the sunset versions of Microsoft Money.

The current download page is Download Money Plus Sunset Deluxe.

May 25, 2018
12:11 am
Hmm
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Top It Up said
So, you haven't said whether these notifications are from Quicken, the FIs, or are error messages.
---------------------------------
 

The message is from Quicken. Quicken only has an "online" life of a few years unless you upgrade. This time, if I am not mistaken, they are forcing customers to use their subscription model. Additionally, last year, they were offering Quicken 2018 for 40% off but now it's a measly 10%.

May 25, 2018
12:11 am
Hmm
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Norman1 said
There was an earlier discussion Personal Finance Software - give it a try about the sunset versions of Microsoft Money.

The current download page is Download Money Plus Sunset Deluxe.  

Thank you, I'll have a go and give it a try.

May 25, 2018
5:11 am
Top It Up
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Hmm said

The message is from Quicken. Quicken only has an "online" life of a few years unless you upgrade. This time, if I am not mistaken, they are forcing customers to use their subscription model. Additionally, last year, they were offering Quicken 2018 for 40% off but now it's a measly 10%.  

Yeah, you're right, now I remember.

You can still use Quicken as a daily ledger BUT you need the subscription to continue using the Download Transactions feature - no subscription / no download. Unfortunately for users, yearly subscription software is becoming the norm and Quicken knows and is betting that users will continue to subscribe to avail themselves of that one feature.

May 25, 2018
6:27 am
Norman1
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Hmm said

Thank you, I'll have a go and give it a try.  

There is also a Money Plus Sunset Home and Business version at Download Money Plus Sunset Home and Business. I guess that is for those with more complex financial situations.

May 25, 2018
6:49 am
lhsaid
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I use gnucash in both windows and linux, I'm happy with it:
https://www.gnucash.org/

May 25, 2018
7:29 am
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Because Microsoft Money is NO longer being updated or supported by Microsoft you might once again find yourself dead-ended with your data. So, you import your data to Microsoft Money and it works for awhile THEN, if needed, will you be able import that Money data back into Quicken, down the line, without problem.

I'm thinking, for $40 per year / $0.11 per day, it might be better to just stick with the current, supported Quicken software rather than moving to a sunset i.e. no longer supported Microsoft Money. PLUS, you probably know Quicken inside out by now and that's gotta be worth something to you. There are reviews posted with the pros/cons of updating to Quicken 2018, so probably worth your while to read them over.

May 25, 2018
8:01 pm
AltaRed
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It is a matter of convenience. I don't really need the auto-download features so could use my current version of Quicken forever with manual entries. But at my age, there are many more important things to spend my time on, such as a glass of wine on the deck watching the boats on the lake. I will just suck it up and pay the annual subscription once my 3 year rotation is up on my current version. I pay annual subscription already for the MS suite (mostly for all the One Drive storage) so nothing new here.

May 26, 2018
10:55 am
Yatti420
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I use mint.com still just for fun..

May 27, 2018
6:40 am
SavingIsGood
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Top It Up said
Because Microsoft Money is NO longer being updated or supported by Microsoft you might once again find yourself dead-ended with your data. So, you import your data to Microsoft Money and it works for awhile THEN, if needed, will you be able import that Money data back into Quicken, down the line, without problem.

I'm thinking, for $40 per year / $0.11 per day, it might be better to just stick with the current, supported Quicken software rather than moving to a sunset i.e. no longer supported Microsoft Money. PLUS, you probably know Quicken inside out by now and that's gotta be worth something to you. There are reviews posted with the pros/cons of updating to Quicken 2018, so probably worth your while to read them over.  

There is NO NEED for Microsoft to 'support' nor 'update' MS Money.
What is there to 'support'? 'Update'? WHAT to update. You want more features? No need for that. It is like buying sewing machine with 1000 different stitches and using only zig-zag and straight one.
MS Money will NOT stop working at the dawn of new millennium. It is free and does decent work. It even has bunch of reports (I do not use any) if you need them. And I am using it for decades. All transactions are manually entered and predicted (by me) for the whole year. I do not need AI or other recurring BS. Nor I need on-line access to my bank. Simple and efficient and I know exactly where and when I have $ in/out.

May 27, 2018
6:58 am
Top It Up
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Glad it works for YOU. The OP, on the other hand, has stated a specific need, one which you obviously don't have a need for so the dead-end Microsoft software covers your need.

Personally, I dislike the idea of moving from one crippled / dead-end software to another crippled / dead-end software or buying hardware with outdated technology - just to save a buck.

May 29, 2018
6:42 pm
Hmm
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Top It Up said
Because Microsoft Money is NO longer being updated or supported by Microsoft you might once again find yourself dead-ended with your data. So, you import your data to Microsoft Money and it works for awhile THEN, if needed, will you be able import that Money data back into Quicken, down the line, without problem.

I'm thinking, for $40 per year / $0.11 per day, it might be better to just stick with the current, supported Quicken software rather than moving to a sunset i.e. no longer supported Microsoft Money. PLUS, you probably know Quicken inside out by now and that's gotta be worth something to you. There are reviews posted with the pros/cons of updating to Quicken 2018, so probably worth your while to read them over.  

I think I might go this route as a last resort. In the meantime, I will still seek an Excel spreadsheet where I can import the contents in an Excel format. The offer from Quicken was around $70+ for the subscription. Unless I get a promotion code, I can't justify paying that much.

The entire purpose for me in using Quicken is to automatically download financial data as I don't have the time or patience to manually enter all the data on a frequent basis.

May 30, 2018
11:09 am
AltaRed
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I generally rationalize 'time' decisions on how much I think my time is worth. Minimum wage of $15/hr? Or a lot more than that, especially if it is mind numbing nonsense?

At $15/hr, an annual subscription of Quicken at $100/yr costs 6.67 hrs of your time per year with auto vs manual entries. That is 33 minutes per month. Betcha it takes more of your time than that to do manual entries.

I actually think my time is worth about $100/hr on the basis that I would rather contract out a a plumbing, or electrical, or heating, or auto repair call before I'd do any of those messy things myself.

May 30, 2018
3:48 pm
Brainer
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If you're willing to consider another free, open-source software, take a look at kmymoney. It's quite powerful. It has a fairly intuitive interface. It includes many of the same features that Quicken and/or MS Money have, but at no cost. Lots and lots of positive reviews.

June 6, 2018
6:27 pm
Hmm
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Brainer said
If you're willing to consider another free, open-source software, take a look at kmymoney. It's quite powerful. It has a fairly intuitive interface. It includes many of the same features that Quicken and/or MS Money have, but at no cost. Lots and lots of positive reviews.

  

I checked out https://kmymoney.org/ and I must say I don't think their website is intuitive and I don't see any examples of the software. I don't even know how to open the application which is in .xz format.

Gnucash seems quite complicated too. I downloaded it and I can't even run or import the Quicken file without GnuCash giving me an error message. Even when I was able to, a measly 7 transactions is taking a very long long time to save.

MS Money download is for the US version, not Canadian. I don't see any option to select Canada. So I uninstalled it.

I think for now, I will import my data in CSV format and hopefully I can come across someone who has a pre-made Excel spreadsheet that can incorporate banking info.

June 12, 2018
10:35 pm
Doug
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Hmm said
I checked out https://kmymoney.org/ and I must say I don't think their website is intuitive and I don't see any examples of the software. I don't even know how to open the application which is in .xz format.

Gnucash seems quite complicated too. I downloaded it and I can't even run or import the Quicken file without GnuCash giving me an error message. Even when I was able to, a measly 7 transactions is taking a very long long time to save.

MS Money download is for the US version, not Canadian. I don't see any option to select Canada. So I uninstalled it.

I think for now, I will import my data in CSV format and hopefully I can come across someone who has a pre-made Excel spreadsheet that can incorporate banking info.  

I've not used GnuCash, specifically, but have you tried just using either Excel or, better yet, GnuCash or LibreOffice Calc spreadsheet applications? How advanced of a spreadsheet are you looking for? I might be able to whip something up for you. sf-cool

Otherwise, have you come you across these articles re: GnuCash?

http://www.gnucash.org/docs/v1.....t3948.html

http://web.mit.edu/jhawk/mnt/s.....mport.html

Good point about Microsoft Money - the "Money" app in Windows 10 just takes you to a page on MSN, which Microsoft has curiously revived. LOL

Cheers,
Doug

June 19, 2018
3:09 pm
Hmm
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Doug said

How advanced of a spreadsheet are you looking for? I might be able to whip something up for you. sf-cool

Otherwise, have you come you across these articles re: GnuCash?

http://www.gnucash.org/docs/v1.....t3948.html

http://web.mit.edu/jhawk/mnt/s.....mport.html

Good point about Microsoft Money - the "Money" app in Windows 10 just takes you to a page on MSN, which Microsoft has curiously revived. LOL

Cheers,
Doug  

Hi Doug,

I looked at the Gnucash thread. I still don't like their software.

For my needs, I just require a very basic spreadsheet with date, payee, memo category, charge, and payment fields.

I have quite a few accounts though. I don't want one spreadsheet file for each year because I can't link them when searching for a particular transaction. I suppose each account could have it's own tab but I run into an issue of linking all the spreadsheets together when performing a search.

Should you have any suggestions, I'd appreciate it.

June 19, 2018
3:49 pm
andied20
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Money Manager Ex https://sourceforge.net/projects/moneymanagerex/ is an outstanding financial program. I have been using it for many years. It is simple but has lots of features for keeping track of bank accounts and Term deposits and Investments--way simpler than Gnucash and you can use a portable version that is only approximately 20 MB in size.

The one issue, is a few months ago, Google and Yahoo financial started blocking access to their quote service and the last "stable" version (1.33) is not able to auto update stocks prices by logging in to one of these sites. However, version "1.4-alpha.4" is able to update stock quotes, and even though it is an alpha version, I have been using it for several weeks without any issues.

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