{"id":171,"date":"2009-06-27T12:30:27","date_gmt":"2009-06-27T20:30:27","guid":{"rendered":"http:\/\/spencer.stantonfamilyonline.com\/blog\/?p=171"},"modified":"2009-06-27T21:48:41","modified_gmt":"2009-06-28T05:48:41","slug":"from-money-to-quicken","status":"publish","type":"post","link":"https:\/\/spencer.stantonfamilyonline.com\/blog\/2009\/06\/27\/from-money-to-quicken\/","title":{"rendered":"From Money to Quicken…"},"content":{"rendered":"

UPDATE: The guide can be found here (http:\/\/spencer.stantonfamilyonline.com\/MoneyTransition.html)<\/a>.<\/p>\n

A couple of weeks ago, when opening Microsoft Money; I got the pop up message stating that Microsoft will stop supporting Money over the next couple of years and will no longer produce new versions.\u00a0 I have been a user of Money since I graduated college so this was quite devistating.\u00a0 Now I would have to switch to Quicken or eventually lose the online services of Money (stock quotes, bank transactions, etc.) that I really enjoy.<\/p>\n

The problem is this: there is NO GOOD way to move from Money to Quicken.\u00a0 A number of years back, I ran Money and Quicken side by side to see which was better.\u00a0 Money barely edged out Quicken and I hadn’t looked back since.\u00a0 Now that I have to, I wanted to see if there was any better method for transitioning.\u00a0 They have a new data converter; hopefully that will be better.\u00a0 I tried it, and there is a lot left to be desired.\u00a0 Accounts all come in as either banking or investing (no differentiation between credit cards or others you can create in Quicken, but once created can’t be changed, a short sighted error on Intuit’s part).\u00a0 I’m fairly picky when it comes to the details in my finances, so that option just didn’t work for me.<\/p>\n

I’m told that Quicken 2010 will have a better transition option from Money since they know now that Money won’t be updated; well I’m a bit bitter so I wanted to switch to Quicken quickly and get it over with instead of waiting for a transition plan that they’ve never gotten right in the 20+ years that they have competed in this market for personal finance software.<\/p>\n

So, the bottom line is, I figured out my own method using as much automatic information from Money as possible and doing the rest by hand and I have now officially finished the switch to Quicken… would have been better to have made that decision 6 years ago.\u00a0 I am sure that there are others that are interested so I will be writing an extensive guide and will post a link here to help out others who don’t want to wait and see if 2010 will have a good transition.\u00a0 My guess is no matter what, there will be some manual work that needs to be done.<\/p>\n

Overall, I still like Money and am sad that it is going away.\u00a0 I’m sure Quicken will do all that I want and more and as I get used to it will forget all about Microsoft’s product.\u00a0 Money, R.I.P.<\/p>\n

\"Share<\/a><\/p>","protected":false},"excerpt":{"rendered":"

UPDATE: The guide can be found here (http:\/\/spencer.stantonfamilyonline.com\/MoneyTransition.html).
\nA couple of weeks ago, when opening Microsoft Money; I got the pop up message stating that Microsoft will stop supporting Money over the next couple of years and will no longer produce new versions.\u00a0 I have been a user of Money since I graduated college so this […]<\/p>\n

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