We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Money management Software

Hi Guys,


Since Microsoft money seems old and now unsupported, what good alternatives are availbel for managing personal finances.


I want something that will automatically drag info in from my online banking so I can categorise spends fore cast and generally track my money.


Thanks


Scott
«13

Comments

  • anselld
    anselld Posts: 8,688 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
  • le_loup
    le_loup Posts: 4,047 Forumite
    sgooduk wrote: »
    Since Microsoft money seems old and now unsupported, what good alternatives are availbel for managing personal finances.


    Old and unsupported it may be but there is nothing better.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Agree nothing better

    if you automate transactions in the budget you don't need the download feature.

    a regular manual consolidation of accounts is much better for managing finances.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    another vote for MS Money from me
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    And another. Although I wouldn't personally trust software to interrogate my bank accounts, I manually reconcile all of my accounts.
  • Vortigern
    Vortigern Posts: 3,306 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    While MSMoney doesn't automatically drag info in from your bank, it can import transactions if your bank can export .QIF files.
  • anoncol
    anoncol Posts: 982 Forumite
    Money manager is free and sync between phone and desktop.
  • Lewys
    Lewys Posts: 15 Forumite
    You Need a Budget is very good.

    I can't post a link as I am a "new user" - despite being registered since May 2009. :mad: - just Google You Need a Budget.

    Can also get an app for your phone and it syncs all the data so anything you put on your phone will display on computer etc.
  • ermine
    ermine Posts: 757 Forumite
    Part of the Furniture 500 Posts Photogenic
    sgooduk wrote: »
    I want something that will automatically drag info in from my online banking so I can categorise spends fore cast and generally track my money.

    There's a case to be made that the effort to key in spend might make you think a bit more, but your choice seems to be between standalone (with or without auto-download) or online. The whole concept of online gives me the willies - what on earth could go wrong with a system logging into your bank accounts :eek: but it seems the way this is going

    TheFIrestarter's writeup of moneydashboard makes a good case for that online.solution
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I tried Money Dashboard and found its performance awful. I also tried a bit of YNAB (even bought the licence) and liked it much better than Money Dashboard.

    But in the end I stuck with Microsoft Money as none of the new tools could import my decade worth of data, and none of them offers me any functionality over and beyond what MS Money gives me. Also, most of the 'modern' ones seem to be struggling with more than a couple of accounts and don't really have any concept of investments (as opposed to savings).
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.