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Posted by Andrew on July 5, 2008, 8:37 am
Please log in for more thread options Walter_Slipperman wrote:
> I just purchased Quicken with the hope of trying to understand my
> finances. My wife and I have been pretty good with money but as we
> get older I'd like to get more organized with our money and have a
> way to see all accounts at one time.
>
> My first impression of Quicken Deluxe 2008 (for Windows) is that it
> looks pretty sophisticated and I can't figure out the most basic
> thing:
> - I thought I would be entering every penny that we spend . I can't
> figure where to do that.
>
> Next thing:
>
> - I've been paying my bills online with my bank, Citibank, FOR FREE.
> Browsing the Citibank web site it looks like they want $9.95 a month
> to do it through Quicken. Is that true?
>
> Walter
Walter -
The easiest thing to do if you're new to the program is simply go to your
local Barnes and Nobles (or Borders) and buy a copy of one of the books
about Quicken - I'd suggest the "Quicken for Dummies" series, or one of the
"Official" Quicken books you'll find on their bookshelves. It's a lot
more readable than going through help panels and will give you a much better
sense of the program from your local armchair.
As far as the general comment about "I thought I would be entering every
penny that we spend . I can't figure where to do that.". It is true that
you can do that by posting EVERY expenditure in one of the Quicken registers
that you'll read about, but I doubt many people are that anal. For example,
do you REALLY want to try to track every cent that you spend when you take
money of out an ATM for pocket change? Thing about the payback you'll get
vs. the time and effort and bookkeeping you'll need to worry about.
--
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Regards -
- Andrew
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