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Microsoft Money application

hi i'm a money saving newbie! i was wondering if anyone had used the program Microsoft money and if they have found it useful or not? i'm considering buying it but it's not that cheap so wanted some input first.
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Comments

  • willo65
    willo65 Posts: 1,012 Forumite
    Try some free software first, i use "AceMoney Lite" it's free from download.com, maybe doesn't have as many bells or whistles as MS Money but it works for me. Only problem is it only does one account unless you buy "Ace Money" not sure how much this is though. Alternatively you could make a relatively simple spreadsheet to do the similar.
  • dunstonh
    dunstonh Posts: 119,819 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I have used it for about 15 years now. It should be quite cheap to pick up as it hasnt been made for about 3 years now (UK version anyway).

    Its does exactly what it says and does it well.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    Try Amazon for a second hand version, mine cost £4 a couple of years ago. 2004 is compatible with VISTA.
  • blueberrypie
    blueberrypie Posts: 2,400 Forumite
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    I use MoneyDance and find it does everything I need, and does it well.
  • savingforoz
    savingforoz Posts: 1,118 Forumite
    I use MoneyDance and find it does everything I need, and does it well.

    I second that, Moneydance is excellent and comes with free updates. I'm a very happy user.
    Life is not a dress rehearsal.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    If you want to record investments, then I'm afraid it can only be Money or Quicken. All these others are very unsophisticated - really not much more than you can get with a good spreadsheet.
  • savingforoz
    savingforoz Posts: 1,118 Forumite
    Moneydance is fine with investments of all sorts - it handles my unit trusts perfectly.
    Life is not a dress rehearsal.
  • Edinburghlass_2
    Edinburghlass_2 Posts: 32,680 Forumite
    10,000 Posts Combo Breaker
    dunstonh wrote: »
    I have used it for about 15 years now. It should be quite cheap to pick up as it hasnt been made for about 3 years now (UK version anyway).

    Its does exactly what it says and does it well.

    So have I, came on floppy disc with my first pc, although I have upgraded since then :D
  • alanclarke
    alanclarke Posts: 295 Forumite
    Part of the Furniture 100 Posts
    I've been using it since 1995. It is excellent at tracking bank accounts, credit cards and monitoring shares and unit trust performance which get updated automatically.

    You can download a trial USA version at www.microsoft.com/products/info/default.aspx?view=22&pcid=9d273393-92c9-4807-be9c-515a0d152415 - I think Money Plus Deluxe is the nearest to the UK version.

    Be warned you will not be able to open the data file in the UK version of Money but it will give you an idea of how it works.

    Microsoft Works Suite contains Money and is sold cheaply on eBay and online stores but make sure you get the UK version, it's amazing how many UK online shops sell the USA version.
  • Thanks for responses folks. So am I right in thinking that the latest version won't work for my UK bank accounts etc?
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