We requested you to cost the Mac personal finance software that’s close and expensive to your coronary heart (or that had will let you down), and basically 700 TidBITS readers answered their survey of 34 apps with near 1,four hundred votes (see “Vote for your favorite Mac very own Finance App,” 17 February 2016). They discovered that the landscape for finance apps remains dominated through Intuit’s Quicken, but there are a few options that their readers advocate wholeheartedly.
All 4 types of Quicken in their survey made the right ten when it comes to vote count, with various rankings. while few apps elicit the level of contempt and resignation as the most recent Quicken variations, Quicken 2007 entire close the properly for each vote count number and scores. To paraphrase the band Chicago, Quicken can also be a tough addiction to wreck. Quicken 2007 person Paul Brown voiced his reluctance in trying out other finance apps. “that you could’t do an excellent assessment of any monetary management application with out actually using it for some huge time period,” he mentioned, “and in the meantime you wish to maintain your statistics entry present in your current utility, doubling the time and energy spent doing all your bookkeeping whereas also doing new app comparison.” regardless of the added work, he continues to discover alternate options (primarily SEE Finance), as he’s worried about Quicken’s lengthy-time period viability because of Intuit’s plan to sell it (see “Intuit to unload Quicken,” 24 August 2015).
nevertheless, some have found alternate options to the Quicken quagmire. listed below are a few takeaways:
make certain to appear on the full results and read the comments on the normal article, on account that there’s lots of useful information there that they couldn’t convey right here.
Don’t neglect to study Michael Cohen’s articles on “finding a replacement for Quicken” (5 August 2011) and “follow-up to discovering a substitute for Quicken” (20 September 2011), which helped readers be mindful their wants and decide from the accessible alternatives.
When it came time to consider the consequences, they calculated the weighted average for each app, assigning a weight of 1 (avoid it) through 5 (Can’t live devoid of it) for each the 5 selections — the best weighted ordinary viable is therefore 5. Apps that received most effective a handful of votes have skewed weighted averages, of direction, so they additionally counted the raw variety of votes each and every app acquired.
here’s the total checklist of fiscal apps, sorted by using variety of votes. They offer rating graphs and commentary for the apps that garnered probably the most votes; for the rest, the analysis is as much as you, seeing that only you comprehend what elements are critical. center of attention on apps which have free trial models and robust import capabilities, seeing that you’ll want to get some experience with the app earlier than you commit to it, and since you’re likely to want to use this app for years, stick with apps that are becoming usual updates.
Quicken 2007 (244 votes, 3.sixteen, 10.7+) — examine comments from the outdated article.
The cumulative 800-pound gorilla of Mac finance apps, 4 variants of Quicken made it into the accurate ten — Quicken essentials, Quicken for home windows, Quicken 2015/2016, and Quicken 2007 — with a complete of 602 votes. in terms of rating and votes, Quicken 2007 topped the Intuit list, and a lot of commenters pointed to the comfort they felt in carrying on with to make use of a now-discontinued app first launched over eight years ago. Doug Hogg noted, “It’s like an historic shoe — i do know a way to work it, so i'm not changing except I actually have a fine motive.” Andrew Malis referred to that Quicken 2007 is “creaky around the edges — I periodically ought to rebuild the database — however continues to work solidly even with a 30 MB database and transactions going again to 1992.”
John F. Richter brought that Quicken 2007 “does every little thing i need it to do very well. I actually have been using it from early versions to balance my verify books, credit card debts and preserve my assets and have 15 years of heritage collected. What i love about it is the flexibility of reporting to facilitate tax accounting, reconciliation of debts, and asset administration.” He did are attempting Quicken 2015, but “turned into reluctant to commit to this weaker version.”
This echoes the leading theme that readers referred to in no longer moving to newer variations of Quicken or choice finance apps — the facets work well in Quicken 2007 and haven’t been replicated somewhere else to sufficient tiers. Kelvin Smith said, “I discover that the recent types of Quicken are not effective basically as a result of they lack annual budgeting.” Edward Pittman has tried different options, but has returned to Quicken 2007 as a result of cumbersome records entry and fewer-bendy charts and experiences. Dave Creek introduced, “Quicken 2007 nonetheless has via a ways the premiere file characteristic, including customized stories.”
Quicken 2015/2016 (173 votes, 2.54, $74.ninety nine, 10.10+) — examine comments from the previous article.
Quicken 2015/2016 become supposed to anticipate the Quicken mantle, however many factor to the shortcoming of Quicken 2007 features — from fundamental to advanced — lacking from the new edition (as an instance, Glenn Fleishman cited its lack of document customization in “Quicken 2015: close, but not Yet suited,” 2 October 2014). Commenter Michael Schmitt pointed to Quicken 2007 being “the gold common on OS X for monitoring and reporting lot-based mostly investments. in case you do not music investments, Quicken 2015/2016 can be completely sufficient for you. but if you do deserve to tune investments, Quicken 2015/2016 nevertheless can’t do it.”
It’s superb that this remark from GraniteDon was the optimum compliment any individual could muster for the latest variants of Quicken: “whereas Quicken 2016 nevertheless lacks some features compared to Quicken 2007 (certainly mortgage amortization), i am convinced with it and would no longer believe any other application provided that Quicken is purchasable.”
in contrast to Quicken 2007, Quicken 2015/2016 does have a cell app accomplice in the free Quicken 2014/2015/2016 funds management iOS app, but Dennis B. Swaney calls it “rudimentary” (and it has garnered simplest a 1.5-megastar ranking from the App store for its most current version).
both Quicken for home windows (when used in a digital desktop) and the discontinued (and much reviled) Quicken necessities also positioned in the suitable ten for votes, with Quicken for windows receiving the ninth-ultimate ranking (3.04) from 55 votes. It’s likely an option frequently for americans already at ease with home windows. regardless of receiving the fifth-most votes (a hundred thirty), Quicken necessities has the worst ranking of the properly ten with a dismal 1.62 — it naturally gained’t be missed.
Banktivity (up to now iBank) (246 votes, three.52, $59.99, 10.9+) — read feedback from the outdated article.
After going through the name “iBank” for 13 years, their survey’s proper vote-getter and third-highest rated app recently underwent a reputation alternate to Banktivity (see “Banktivity 5.6.5 (formerly iBank),” eight February 2016), which IGG application says is derived “from joining ‘bank’ and ‘activity.’” The company says that it’s easy to import money owed, transactions, classes, and investments from Quicken, and a number of commenters supported this declare. Martin Zibulsky all started the use of iBank four years ago, and found that importing and changing information from Quicken 2007 turned into indeed convenient. Eckart Goette favored its tracking of international investments and activities, adding, “The multi forex feature is terribly constructive. I don’t leave out Quicken and applaud Banktivity for their innovative features.” still, the app is not devoid of its frustrations, as commenter Ray mentioned that date coping with and scheduled transactions don't seem to be as handy to cope with as in Quicken.
Banktivity allows for you to make use of OFX direct join banking (support varies by using financial institution), and it additionally contains an integrated net browser for downloading info from a bank’s web website. If neither of those alternatives work together with your bank, IGG utility additionally presents the optional Direct entry carrier (which can also be accessed via the Mac app and its two iOS apps), which connects to lots of banks international and charges $39.ninety nine per year. unlike Intuit’s free Quicken 2014/2015/2016 money administration standard iOS app, the Banktivity for iPad app fees $19.99 and Banktivity for iPhone is $9.ninety nine (with the latter presenting an Apple Watch app).
Moneydance (154 votes, 3.68, $forty nine.99, 10.7+) — study comments from the outdated article.
Receiving the optimum rating of all of the apps, Moneydance from The infinite kind has been an favored Quicken option for over a decade (see “Moneydance Eases a Tax Burden,” eleven April 2005). a number of commenters gave props to Moneydance doing smartly with the basics — on-line banking and bill payment, account administration, budgeting and funding monitoring, and aid for varied currencies — and voters gave it the excellent score. Rick summarized, “It does what i need, improvements have either been free or in your price range, and support (rarely vital) has been very respectable.” Commenter Reebee introduced, “Moneydance has its quirks — the interface needs customization options, stories are too confined, and it needs a correct find and replace alternative. but the discovering curve to change changed into convenient, I had no problem importing years of Quicken statistics, documentation is decent, and consumer help has been pretty valuable.”
whereas Michel Hedley changed into slightly pissed off in the endless type’s pace in making feature enhancements and enhancements, Moneydance supports third-birthday celebration extensions, and a number of free extensions can be found to download directly from the business’s internet website (together with a find and change extension that could ease Reebee’s criticism). moreover the Mac, Moneydance is available for windows and Linux techniques, and the free Moneydance own Finance manager iOS app makes use of Dropbox to sync to Moneydance in your computing device.
SEE Finance (sixty nine votes, three.61, $forty nine.99, 10.6+) — study comments from the old article.
The function-rich SEE Finance from Scimonoce software scored the 2d-optimal rating of the bunch, and it garnered accolades from commenters for its depth. Steven Mattson gushed, “As an proprietor of apartment property I admire [its] transaction downloading skill, speedy search engine, capability to create custom stories and tax code indexing. The client guide is the finest I have had with any software.” Mac Bakewell chimed in, “I’ve been the usage of SEE Finance because 1/1/11 to control 20 separate checking, mark downs, funding, and bank card bills in two currencies (U.S. greenbacks and Thai baht). whereas there's really nothing in my digital world that falls into the ‘can’t reside devoid of it’ class, SEE Finance remains a perfect fit for my wants, simply as it has considering that day one.”
SEE Finance imports a few statistics codecs (QIF, QMTF, CSV, QFX, and OFX data), presents funding and loan monitoring, gives custom report introduction, and works with over one hundred fifty currencies. however, Scimonoce application only presents a computing device app — no iOS app for mobile tracking.
MoneyWell (60 votes, 3.25, $forty nine.ninety nine, 10.7.5+) — examine comments from the previous article.
MoneyWell from No Thirst application garnered the sixth-most efficient ranking, with most of its votes giving it a vote of confidence as an effective performer. in addition to the typical ledger equipment found in other finance apps, MoneyWell uses an envelope-vogue budgeting gadget the place you’ll assign balances on your money owed to certain buckets. Your expenses will drain those budgetary buckets, and they’ll get refilled every time you add a paycheck or other earnings. Joseph referred to, “i like the undeniable fact that it uses the envelope system. here's why I bought it within the first location. I don’t just need to track where I spend my funds. I want to self-discipline it.”
Following a stall in construction in 2014, No Thirst utility’s possession became taken over with the aid of Kevin LaCoste after common developer Kevin Hoctor changed into hired by way of Apple, and updates have looked greater generally over the last year. Charles E. Flynn has viewed improvements, noting, “The application can now reproduction a cut up transaction, holding all the details. If most effective the QIF structure might export split transactions thoroughly, with all the memo traces preserved, people could be capable of circulation from one software to an extra without problems.” MoneyWell presents two iOS apps — MoneyWell specific for the iPhone and MoneyWell for iPad — and Joseph hopes that their revived development will clean out what “has all the time been a squirrelly procedure.” youngsters, Charlie Franklin switched to Banktivity because of issues importing QFX files and connecting without delay to banks in Australia.
The relaxation of the personal Finance Apps — they will’t cover all of the 34 apps that they recognized in detail, so for the final 26 apps, we’ve listed the variety of votes, score, and price, and protected a hyperlink to the app’s web web page, along with a link to any accessible comments about it. tell us in the feedback if there’s a better means they may do it in the future.
GnuCash (34 votes, 2.65, Free, 10.5+) — examine comments from the outdated article.
money (29 votes, 2.41, $39.99, 10.7+) — study comments from the old article.
Moneywiz (24 votes, 3.29, $19.99, 10.eight+) — study feedback from the old article.
iFinance (19 votes, 2.89, $29.ninety nine, 10.10+)
CheckBook/CheckBook seasoned (18 votes, 3.forty four, $14.ninety five, 10.7+) — study feedback from the old article.
PocketMoney (17 votes, three.12, $19.ninety five, 10.6+) — examine comments from the old article.
iCompta (13 votes, 2.85, $29.ninety nine, 10.eight+) — examine comments from the outdated article.
AceMoney (eight votes, 1.seventy five, $39.ninety nine, 10.6+)
funds (8 votes, 2.38, $39.ninety five, v10.three.9+) — study feedback from the old article.
iCash (8 votes, 2.00, $forty nine.ninety, 10.7+)
SplashMoney (8 votes, 1.63, $19.95, 10.8+)
jGnash (7 votes, 2.14, Free, 10.7+)
Liquid Ledger (7 votes, 1.71, $49.99, 10.4+)
Buddi (6 votes, 2.00, Free, 10.5+) — examine comments from the old article.
moneyGuru (6 votes, 2.33, Free, 10.7+) — study feedback from the previous article.
My Checkbook (6 votes, 2.00, $19.ninety five, 10.4+)
typical Ledger (5 votes, 1.20, $14.99, 10.9+)
Finance (four votes, 1.00, $14.ninety nine, 10.5+)
MoneyBag (4 votes, 1.25, $29.99, 10.7+)
My funds (4 votes, 1.50, $forty nine.95, 10.7+) — study feedback from the old article.
SimpliBudget (four votes, 1.00, $2.ninety nine, 10.7+)
Squirrel (4 votes, 1.25, $14.ninety nine, 10.eleven+)
Growly Checkbook (3 votes, 1.00, Free, 10.7+)
domestic Accountz (three votes, 1.00, £39.00, 10.8+)
Moneyspire (three votes, 1.00, $54.ninety nine, 10.7+)
savings (3 votes, 1.00, $14.99, 10.10+)