Updating old quicken files
This version of Quicken seems to try to follow the company’s pledge to constantly update and fix bugs.During my testing, Quicken was updated at least four times.Or if you’re looking for a native Macintosh software application, there’s Banktivity, as well.But none of these applications come close to Quicken in terms of market share or the comprehensive personal finance features that still make Quicken for Windows the industry leader.In case you missed it, Quicken is no longer owned by Inuit, which sold it to a private equity firm.Long term, I’m not sure what to make of this news or what it means for the future of Quicken.
If you annualize the version I’m testing and use Amazon’s price of 9.99 for the term of 27 months, it comes to just .93 per month.
However, when compared to a free service that can do most of what Quicken can do (e.g., Personal Capital), it becomes a much harder sell.
In addition, many banks now offer features that were once exclusive to Quicken (such as bill pay), further reducing the need to pay for this software. But for individuals with complex financial lives, Quicken can greatly help them better organize and save time.
Today, that is no longer the case, and you have many alternatives to Quicken to choose from.
Today, it’s possible to store your financial information completely online using services like Personal Capital, which we recommend as the best personal finance service, or YNAB.So that brings us to reviewing the latest version of Quicken.For this review, Quicken supplied a copy of Quicken Home, Business & Rental Property 2018 for Windows, and I converted from my previous test installation of Quicken 2017.Also keep in mind that if you used Quicken Bill Pay, it is now included (up to 15 months) in the price.