Money management Software

getmore4less

If you use MSMoney categories and split transactions then auto download does not help a lot as you have to go in do the splits anyway.

as most of my splits are on CC, Tesco clubcard or cash auto download is not much help.

Just about every other transaction can be automated and just needs minor adjustments(date/amount).

kkgree1

I tried YNAB and Money Dashboard earlier this year. Both have their positives (particularly the app capability for YNAB). However, we're back to using Microsoft Money - it is far easier to categorise transactions and we can see savings/investments at a glance.

If I just wanted budgeting software, I'd use YNAB but if you overpay your mortgage or have complex savings/investments as we do, we will continue to use Microsoft Money going forward.

TheTracker

anotheruser wrote: »

I'm surprised at the amount of people who trust programs to log on to their bank accounts and do whatever.
Unless said programs can only "read" data? But even then, they could be sending that data elsewhere.

I run LittleSnitch on my Mac to spot if any app is sending "data elsewhere". I'm sure there are similar apps on windows.

It is a different story for web apps, as you are not aware if they are sending data elsewhere. I use FreeAgent online for business accounts and allow it to access my bank accounts using Yodlee in the backend. Yodlee has courted controversy for years but to my knowledge never had a breach, and with many hundreds of banks and millions of customers I'd hope not. I'd be more worried about the impact of someone getting into my office 365 account than yodlee.

Personally, I don't grant access to my Personal accounts, and in the UK few banks allow this anyway. Instead I set up scheduled payments in my money management software that match my scheduled payments in my online accounts, and reconcile these each month. I put penny amounts for variable charges and adjust these. It takes just a few minutes a month over a cup of coffee on a sunday morning.

bluemonday2

Hi.

Do any of these tools support lifetime planning (e.g., show a final net worth at age x taking into account inflation, taxes, % returns) and let you see/adjust all the numbers yourself?

(Basically - as transparent as Excel, but without needing Excel skills?)

That would be a great product, and one of some benefit to many, I suspect ...

Many thanks in advance!

PS I have an old copy of MS Money, which has the planning feature, but not total transparency as to all the assumptions.

le_loup

Not likely!
You may need a Cray to run it if it did.

stugib

Been using cash organizer for a couple of years now. Specifically didn't want anything logging into my bank account but otherwise a nice feature set and easy to use and customise.

neilsedaka

block10 wrote: »

If only Quicken would re-release a UK version.

Quicken 2000 UK is still working fine for me.

ChiefGrasscutter

..which is probably why Intuit the writers of Quicken UK version withdrew from the market in 2004. People were not buying the latest annual re-releases on an annual basis and were just continuing to use old ones.

neilsedaka

In my case I did not buy subsequent versions because I did not like the 'improvements'. Clean, plain and simple without unnecessary bells, whistles and hype is fine with me. I am still using Excel 2000 and Word 2000 too for the same reasons.

fromtheshires

I'm with Kendall80 on this one. If you know what you want, open up excel and then Google how to work the formulas if you get stuck with any (or all if you have no excel knowledge). I run everything off mine and it gives me detailed breakdowns. I use excel all day at work as I'm an Analyst so I love it and use it for everything but give it a shot, you may be pleasantly surprised.