|
Posted by SeaKan on August 4, 2006, 6:07 pm
Please log in for more thread options
>I switched from Money 2004 to Quicken 2005 (because Money 2005 was a
> disaster in my opinion). All checking, savings, and credit card
> accounts as well as Categories and payess transferred pretty smoothly.
> At the time I had no mortgage so I can really speak to a situation
> where you have an asset (house) linked to a loan.
>
> The one thing that didn't transfer over correctly was my portfolio. I
> had several mutual funds and stocks held in a 401k and Roth IRA. I had
> to go back and manually adjust almost all transactions in my portfolio
> to have a proper cost basis, etc.
>
> I've since upgraded to Q2006 and will be getting Q2007 once it's
> available at the local Costco. Overall, these are the contrasts I
> noticed switching from Money to Quicken:
>
> Quicken doesn't hold your hand as much.
> Quicken doesn't look as good (although it was the "cuteness" of Money
> 2005+ that turned me off)
> Quicken just feels more powerful.
>
> I think the switch is highly recommended.
>
I've made the switch twice. There is no perfect financial program, imho.
Money does a better job of tracking investments...seeing your overall
picture, I think. But Quicken is easier to use. Six of one, half dozen of
other. I keep Money to look at investments.
>I switched from Money 2004 to Quicken 2005 (because Money 2005 was a
> disaster in my opinion). All checking, savings, and credit card
> accounts as well as Categories and payess transferred pretty smoothly.
> At the time I had no mortgage so I can really speak to a situation
> where you have an asset (house) linked to a loan.
>
> The one thing that didn't transfer over correctly was my portfolio. I
> had several mutual funds and stocks held in a 401k and Roth IRA. I had
> to go back and manually adjust almost all transactions in my portfolio
> to have a proper cost basis, etc.
>
> I've since upgraded to Q2006 and will be getting Q2007 once it's
> available at the local Costco. Overall, these are the contrasts I
> noticed switching from Money to Quicken:
>
> Quicken doesn't hold your hand as much.
> Quicken doesn't look as good (although it was the "cuteness" of Money
> 2005+ that turned me off)
> Quicken just feels more powerful.
>
> I think the switch is highly recommended.
>
I've made the switch twice. There is no perfect financial program, imho.
Money does a better job of tracking investments...seeing your overall
picture, I think. But Quicken is easier to use. Six of one, half dozen of
other. I keep Money to look at investments.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap