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Subject Author Date
OT: MS Money Jeff 03-26-2008
Posted by Jeff on March 26, 2008, 12:53 pm
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For what it is worth, I was playing today with MS Money Plus Deluxe and
thought to share some thoughts.

It is absolutely terrible. Many of its features (retirement planner
among others) only work if connected to the internet - which means it
uses the Microsoft website instead of the purchased program. Many other
components are similar and to work they require not only internet access
but - to make things worse - permitting Active-X in Internet Explorer
with all the risks involved.

Just thought to share. Quicken is way better and at least privacy is
better because your numbers remain on your PC instead of someone else's
website.

Jeff



Posted by John on March 26, 2008, 5:20 pm
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Jeff wrote:
> For what it is worth, I was playing today with MS Money Plus Deluxe and
> thought to share some thoughts.
>
> It is absolutely terrible. Many of its features (retirement planner
> among others) only work if connected to the internet - which means it
> uses the Microsoft website instead of the purchased program. Many other
> components are similar and to work they require not only internet access
> but - to make things worse - permitting Active-X in Internet Explorer
> with all the risks involved.
>
> Just thought to share. Quicken is way better and at least privacy is
> better because your numbers remain on your PC instead of someone else's
> website.
>
> Jeff
>
>
I think MS is sorry they got into the financial software business. The
Money product is not well supported with promotions or advertising that
I see. It appears to be one of things that MS wanted to be another
player and went gun-ho at the beginning. After they saw that their
product was not much better than Quicken (or worse) and that users were
not eager to switch for little gain (read - PITA to do so) they seemed
to let it wane. However there are still lots of users and they can't
really abandon them easily I suppose.

For what it is worth it did light a fire under Intuit to do a better job
improving their products - in my opinion.

Posted by BeanTownSteve on March 27, 2008, 10:10 am
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> For what it is worth, I was playing today with MS Money Plus Deluxe and
> thought to share some thoughts.
>
> It is absolutely terrible. Many of its features (retirement planner
> among others) only work if connected to the internet - which means it
> uses the Microsoft website instead of the purchased program. Many other
> components are similar and to work they require not only internet access
> but - to make things worse - permitting Active-X in Internet Explorer
> with all the risks involved.
>
> Just thought to share. Quicken is way better and at least privacy is
> better because your numbers remain on your PC instead of someone else's
> website.
>
> Jeff

I used MS$ until the end of last year, MSMoney2005. When the
downloads quit, I also got tired of it's increasing slowness and
decided
it was time to switch. I'm fairly happy with the switch to Quicken
but conversion was such a PITA I ended up doing the switchover
at year end instead. So I've got a lot of historical still there. I
was also driven by family succession planning since the next
generation
uses Quicken. If I get hit by a bus, my wife is going to need the
kids to help her. She's a real Luddite!

I was able to do "planning" and other tasks without the Internet
connection, perhaps the newer Money does different.

Like Quicken, MSMoney will load your information onto the
corresponding website but you can disable that. I find them both
to be about the same, doing the same things only different approach
and UI. I DO find, however that Quicken is much faster.

Still learning some of it's methods to better fit me however.
Especially the quickfill on entry.

In my experience, MSMoney does a much better job at getting stock
quotes in a consistent and timely manner. Not being a day trader
it is not any kind of problem for me.

Posted by Oilcan on March 27, 2008, 10:50 pm
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I had used Money 2005 for about six months. It was a resource hog on my
machine, to much interaction with the web, too many ads and at the time in
early 2005, the "Yodlee" interface was unreliable.

I did find Money's reporting capabilities more to my liking. I switched
back to Quicken 2005 in May 2005 when my Money file became so corrupted that
I couldn't fix it - even with the backups I had :(. It took me a lot of
time to get my Quicken files in order.

The one other item I remember is the Money newsgroup was much more active
with this one. However, I am sure they have some satisfied users.

Oilcan

>> For what it is worth, I was playing today with MS Money Plus Deluxe and
>> thought to share some thoughts.
>>
>> It is absolutely terrible. Many of its features (retirement planner
>> among others) only work if connected to the internet - which means it
>> uses the Microsoft website instead of the purchased program. Many other
>> components are similar and to work they require not only internet access
>> but - to make things worse - permitting Active-X in Internet Explorer
>> with all the risks involved.
>>
>> Just thought to share. Quicken is way better and at least privacy is
>> better because your numbers remain on your PC instead of someone else's
>> website.
>>
>> Jeff
>
> I used MS$ until the end of last year, MSMoney2005. When the
> downloads quit, I also got tired of it's increasing slowness and
> decided
> it was time to switch. I'm fairly happy with the switch to Quicken
> but conversion was such a PITA I ended up doing the switchover
> at year end instead. So I've got a lot of historical still there. I
> was also driven by family succession planning since the next
> generation
> uses Quicken. If I get hit by a bus, my wife is going to need the
> kids to help her. She's a real Luddite!
>
> I was able to do "planning" and other tasks without the Internet
> connection, perhaps the newer Money does different.
>
> Like Quicken, MSMoney will load your information onto the
> corresponding website but you can disable that. I find them both
> to be about the same, doing the same things only different approach
> and UI. I DO find, however that Quicken is much faster.
>
> Still learning some of it's methods to better fit me however.
> Especially the quickfill on entry.
>
> In my experience, MSMoney does a much better job at getting stock
> quotes in a consistent and timely manner. Not being a day trader
> it is not any kind of problem for me.


Posted by Jeff on March 30, 2008, 6:38 pm
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Where is the Money newsgroup? I could not find it.

Jeff

Oilcan wrote:
> I had used Money 2005 for about six months. It was a resource hog on
> my machine, to much interaction with the web, too many ads and at the
> time in early 2005, the "Yodlee" interface was unreliable.
>
> I did find Money's reporting capabilities more to my liking. I
> switched back to Quicken 2005 in May 2005 when my Money file became
> so corrupted that I couldn't fix it - even with the backups I had :(.
> It took me a lot of time to get my Quicken files in order.
>
> The one other item I remember is the Money newsgroup was much more
> active with this one. However, I am sure they have some satisfied
> users.
> Oilcan
>
>>> For what it is worth, I was playing today with MS Money Plus Deluxe
>>> and thought to share some thoughts.
>>>
>>> It is absolutely terrible. Many of its features (retirement planner
>>> among others) only work if connected to the internet - which means
>>> it uses the Microsoft website instead of the purchased program. Many
>>> other components are similar and to work they require not only
>>> internet access but - to make things worse - permitting Active-X in
>>> Internet Explorer with all the risks involved.
>>>
>>> Just thought to share. Quicken is way better and at least privacy
>>> is better because your numbers remain on your PC instead of someone
>>> else's website.
>>>
>>> Jeff
>>
>> I used MS$ until the end of last year, MSMoney2005. When the
>> downloads quit, I also got tired of it's increasing slowness and
>> decided
>> it was time to switch. I'm fairly happy with the switch to Quicken
>> but conversion was such a PITA I ended up doing the switchover
>> at year end instead. So I've got a lot of historical still there. I
>> was also driven by family succession planning since the next
>> generation
>> uses Quicken. If I get hit by a bus, my wife is going to need the
>> kids to help her. She's a real Luddite!
>>
>> I was able to do "planning" and other tasks without the Internet
>> connection, perhaps the newer Money does different.
>>
>> Like Quicken, MSMoney will load your information onto the
>> corresponding website but you can disable that. I find them both
>> to be about the same, doing the same things only different approach
>> and UI. I DO find, however that Quicken is much faster.
>>
>> Still learning some of it's methods to better fit me however.
>> Especially the quickfill on entry.
>>
>> In my experience, MSMoney does a much better job at getting stock
>> quotes in a consistent and timely manner. Not being a day trader
>> it is not any kind of problem for me.



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