As featured in The Wall Street Journal, Money Magazine, and more!
     

Quicken 2010 Review and Giveaway

This article was written by in Giveaways, Reviews, Software. 152 comments.

Are you looking for the latest version of Quicken? Here is my review of the newest version, Quicken 2012. Downloads of Quicken 2012 are available today.

Note: This is a long article containing an in-depth review of the new version of Quicken. If you are just interested in the giveaway of Quicken 2010 Deluxe, scroll to the bottom of this article.

It took me a long time to warm up to Intuit Quicken. When I first saw the software in the early or mid 1990s, I wasn’t very interested. That’s not the software’s fault; at that time I most likely did not see the need for tracking money I did not have. When I finally realized I needed to build some control of my personal financial situation, I first looked for free solutions.

After several months of spending less than I was earning and tracking my progress using freeware, I evaluated Microsoft Money alongside Quicken. Money looked nice and ran smooth while Quicken was clunky and unattractive, so I stuck with Money for a few years. After some time, I came to realize that Money’s features for dealing with investments were not as comprehensive as I would like, and for some reason it interpreted the downloaded data from my 401(k) incorrectly. I decided to give Quicken another shot.

While Quicken wasn’t perfect, it worked better with the transaction data I downloaded from the banks and offered configurable reports. So I stuck with it, and I still use a desktop version of Quicken almost every day. I receive questions about why I haven’t switched to popular Web 2.0 applications like Mint.com (review here). These websites offer interesting features, particularly those powered by community aggregate information, but they lack some of the basic investing functionality that I get from the desktop version of Quicken.

Quicken 2010 review, first impressions

QUICKEN 2010 HOME & BUSINESS WINDOWS CD DIRECTI received Quicken 2010 Home and Business in the mail yesterday and gave it a test drive tonight.

The upgrade from Quicken 2009, including downloading updates to the software online, took about ten minutes. Tens of thousands of transaction records needed to be converted to the new version, and this took the bulk of the time for the upgrade.

After the upgrade was complete, the software brought me to Quicken.com to register. Although I am already registered at Intuit, I was required to provide my information again before using all of the software’s functionality. Although required, the registration process was quick.

I was impressed with the new version’s look and feel. The interface is redesigned to be cleaner, and switching from one page to another within the software seems to move faster. One of my biggest complaints about Quicken has been its sluggish display but this seems to be greatly improved.

Quicken 2010 opens to a new main screen with three horizontal sections. The top includes a pie chart describing your spending within categories and the middle of the screen lists your anticipated expenses.

The focus here is on your cash flow: how much is left in your spending accounts at the end of the month. Here is the top half of my screen. Click on the thumbnail to view the image full-size (and note the exceptionally large tax expense thanks to quarterly estimated payments).

Quicken 2010

The bottom section of this screen is new. According to Quicken, it would take 5 minutes to begin tracking spending goals. I began creating spending goals, which seem to form a softer style of a budget. Unfortunately, because I use sub-categories, Quicken’s “average monthly spending” in categories like “Auto,” “Dining,” and “Entertainment” were inaccurate. As a result, the “suggested monthly goals” were not appropriate. I solved this by choosing my own categories, such as “Auto:Fuel” rather than “Auto.”

After assigning several categories to watch, here are my results so far for October.

Quicken 2010

I also like the new Net Worth tab. Here is what the top half of my Net Worth page looks like.

Quicken 2010

Downloading data from banks

The “Direct Connect” feature of Quicken, in which you store your bank accounts’ passwords in the software and send Quicken on a mission to download your latest transaction data, has never run smoothly for me. In Quicken 2009, this process would occasionally lock the software, requiring me to kill the process through the Windows Task Manager. Furthermore, this downloading should be a background process. However, whenever you initiate the data update, you are preventing from performing almost every other task in the software.

Quicken 2010 has not fixed this completely. During the update process in the new version, Quicken will prevent you from moving around the software.

What to look forward to

All things considered, this seems to be a good upgrade with my limited experience so far. But like most yearly, incremental software updates, there is not a lot to justify buying the software if you already have a recent version of Quicken.

The best news from Intuit is not reflected in Quicken 2010. As a result of Intuit’s pending acquisition of Mint.com, the CEO of Mint.com, Aaron Patzer, will be leading the development of the desktop version of Quicken in addition to the online personal financial management software. I expect future versions of Quicken will look slicker and work faster as Intuit leverages the team and the talent behind Mint.com.

Latest prices for Quicken 2010 versions

Before you buy, consider trying to win the giveaway for Quicken 2010 Deluxe. Instructions for entering the giveaway are below. Free is always a better option. Also, Intuit often offers discounts. Right now the software is offered for full price only. But keep watching Consumerism Commentary to find out when new discounts are available.

If you’re a Mac user, hang on until February 2010. A new version of Quicken for Mac will be released next year, and Intuit says the will be a major upgrade from the most recent release. Alternatively, you can run software on the Mac that emulates Windows and allows you to run these updated versions of Quicken.

See the Quicken 2011 review and giveaway for a chance to win the latest edition of Quicken’s desktop software.

EditionPurchase
Quicken Home and Business 2013Buy CD-ROM $84.99Download $84.99
Quicken Premier 2013Buy CD-ROM $79.99Download $79.99
Quicken Deluxe 2013Buy CD-ROM $54.99Download $54.99
Quicken Starter Edition 2013Buy CD-ROM $39.95Download $39.95
Quicken Rental Property Manager 2013Buy CD-ROM $159.99Download $159.99
Quicken WillMaker Plus 2013Buy CD-ROM $48.48Download $69.99
Quicken Essentials for Mac 2010Buy CD-ROM $32.67n/a
Mint.com

Giveaways

QUICKEN 2010 DELUXE WINDOWS CD DIRECTIntuit sent me two copies of Quicken 2010 Deluxe to give away to readers. Here is how you can win one of these copies. Each of the following will provide you with one chance to win, so you have a maximum of three chances.

Pls RT! Review and giveaway: Quicken 2010 from @luke_landes! http://bit.ly/RjD3y

You must be over 18 years old and must have an address in the United States in order to qualify. The winners will be chosen using the random number generator at random.org. Thanks and good luck! The giveaway will end Friday night, October 23, at 11:59 pm.

Update: The giveaway has ended and the winners will be announced shortly.

Intuit provided Consumerism Commentary with a copy of Quicken 2010 Home & Business and two copies of Quicken 2010 Deluxe prior to this review and giveaway but have had no influence on the content of this review or form of this giveaway. Consumerism Commentary is an authorized affiliate of Quicken.

Updated June 17, 2016 and originally published October 16, 2009. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

Email Email Print Print
avatar
About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 152 comments… read them below or add one }

avatar 1 Anonymous

I would love to win. I am having to redo my budget to find money to send two kids to college.

Reply to this comment

avatar 2 Anonymous

Great to hear about the new release of updated Quicken 2010. Can’t wait to get it!

Reply to this comment

avatar 3 Anonymous

I hope I win!

Reply to this comment

avatar 4 Anonymous

Please enter me in the contest.

Reply to this comment

avatar 5 Anonymous

Throw my name into the basket to win.

Reply to this comment

avatar 6 Anonymous

I would love to win the new Quicken 2010!!!

Reply to this comment

avatar 7 Anonymous
avatar 8 Anonymous

I wish the mac version came out sooner than February!

Reply to this comment

avatar 9 Anonymous

Also, a fan on facebook. I would have edited that into the previous post, but for some reason, editing won’t work for me (when it goes into edit mode, it won’t let me do anything but use the toolbar at the bottom for some reason). Sorry for the double post.

Reply to this comment

avatar 10 Anonymous

I’m so happy to hear the interface has sped up. That is also one of my complaints. So is the transaction downloads. Hopefully, they allow for a better way to export our data from Quicken. I hate being locked in to it (no pun intended).

I wouldn’t mind a free upgrade either.

Reply to this comment

avatar 11 Anonymous

Since I won’t be able to use MS Money anymore soon, I would love to win the new version of Quicken.

Thanks!

Reply to this comment

avatar 12 Anonymous

I would love this! Thanks.

Reply to this comment

avatar 13 Anonymous

I would like to receive a copy of Quicken 2010.

Reply to this comment

avatar 14 Anonymous

Sign me up.

Reply to this comment

avatar 15 Anonymous

Enter me for the drawing!

Reply to this comment

avatar 16 Anonymous

Great review, thanks for the chance to win!

Reply to this comment

avatar 17 Anonymous

Also, a fan on facebook.For some reason I can’t edit my previous post.

Reply to this comment

avatar 18 Anonymous

Good article. I’d love a free copy!

Reply to this comment

avatar 19 Anonymous

I have Quicken 2006. They just cut off the online banking feature because the version is too old. Sigh. So I’d love to win!

Reply to this comment

avatar 20 Anonymous

I am hoping to get Quicken 2010 since my tried and true MS Money is no longer being supported by Microsoft. Did you have any problems transferring your MS Money data into Quicken when you made the switch?

Reply to this comment

avatar 21 Anonymous

I would love to win. I’ve been using MS Money since the 90s but the online capabilities are no longer supported. Therefore, I’m considering switching to another software.

Reply to this comment

avatar 22 Anonymous

I have been using quicken for quite a while. This new version looks great

Reply to this comment

avatar 23 Anonymous

Is it worthwhile to update my 2008 version to 2010 version?

Reply to this comment

avatar 24 Anonymous

I’ve used Quicken since about 1995 and upgrade about every two years. Never had the problem you describe (process hang) with the online banking updates… but occasionally an update with one institution will fail and needs to be reattempted. I’d love it if Intuit provided a little more transparency on what is occurring during the updates (even a debug log). Thanks for the review!

Reply to this comment

avatar 25 Anonymous

Been using MSFT $ 2002, would like to upgrade. Appreciated the opportunity.

Reply to this comment

avatar 26 Anonymous

Also became a fan on Facebook.

Thanks

Reply to this comment

avatar 27 Anonymous

3x entries for me. I got MSMoney at the employee discount price from friends who worked MS, so I use to use that. But eventually I got lazy and stopped. Now I just have a google docs spreadsheet to track my net worth and that’s about it. Sometimes stuff slips through the cracks though.

Reply to this comment

avatar 28 Anonymous

Great article. I’m feeling lucky! Enter me to win Quicken 2010!

Reply to this comment

avatar 29 Anonymous

Quicken is on-sale at Best Buy for $59.99 versus $89.99. I got a copy yesterday, so don’t sign me up for the giveaway. I too liked the increased responsiveness and my install and conversion went smoothly. I really liked the Cash Flow page in Q 2008 and at first I had trouble finding it. Thankfully it’s still there under the planning tab. So far I’m satisfied with the program’s performance and will spend a lot of time exploring the various functions. Even at $60.00 it’s a little pricey for little more than a facelift but I’ll keep looking for the reports, analyses, and function that best suit my needs.

Reply to this comment

avatar 30 Anonymous

I would like to win the new Quicken!

Reply to this comment

avatar 31 Anonymous

Wow, great review. I haven’t used Quicken since ’03. I may have to look into this updated edition.

Reply to this comment

avatar 32 Anonymous

I’ve been a quicken user for years, and though I have some frustrations, I don’t see myself using anything else. I have no problems downloading transactions. I do have trouble with the spending tracker. I can never get it to report the ‘total remaining’ correctly.

Reply to this comment

avatar 33 Anonymous

Thanks for the honest review. Basically you’re saying that my biggest gripe about quicken is still there, the fact that it creates superstitious behavior while downloading transaction updates. It locks up the interface for a very long time, which is a slap on the wrist for any software developer – have they not heard about spawning a background thread and event queues? This time although one might think it’s a small gripe, when you’re deciding to sit down and do your finances and you have to wait 15mins to get the updates, and you can’t do anything but watch the stupid animation, you’re going to open a different application and do something else. Then your zeal to update your finances will be gone by the time the updates are done (or not done as sometimes happens with my present 2009 version), and you’re left scratching your head, if you had to manually update these in the first place, why didn’t the software tell me?

I still use it, but it’s quite useless as a piece of software to actively manage my finances. It’s more of a overall picture of my finances and a planning tool for me.

Reply to this comment

avatar 34 Anonymous

The 2008 version is good, but 2010 would be even better :-)

Reply to this comment

avatar 35 Anonymous

I would to win me some new Quicken! lol

Reply to this comment

avatar 36 Anonymous

I have always used Quicken. Would love to win this.

Reply to this comment

avatar 37 Anonymous
avatar 38 Anonymous

Would love to have this
I’m a facebook fan
tweeted http://twitter.com/dolls123/status/4919168083

Reply to this comment

avatar 39 Anonymous

I won last year! How about a winning streak?

Reply to this comment

avatar 40 Anonymous

Became a fan and would love to be entered in the giveway.

Alan

Reply to this comment

avatar 41 Anonymous

I’d love to win a copy of Quicken 2010!

Reply to this comment

avatar 42 Anonymous

I could really use this but can afford to buy it right now. Thanks for the chance to win it!

Reply to this comment

avatar 43 Anonymous

I’ve just found this site googling “help living on a budget”. Your articles are the first I’ve found that have given me any straight answers. Thanks. I’ll be back often.

Reply to this comment

avatar 44 Anonymous

Would love to win.

Reply to this comment

avatar 45 Anonymous

I’m entering the Quicken contest. Thanks!

Reply to this comment

avatar 46 Anonymous

I became a fan on Facebook and I tweeted here: http://twitter.com/alee67/status/4919394594

Reply to this comment

avatar 47 Anonymous

Thanks for the chance to win!

Reply to this comment

avatar 48 Anonymous

Thanks for the review, Flexo! I’ve been a Quicken user for quite some time and have found it pretty valuable, though there are usually diminishing returns with the annual updates. It’s been a few years, though, since I upgraded, so thanks for the chance to win!

Reply to this comment

avatar 49 Anonymous

Great site! So much useful info. Not getting much else done!!!
Oct 23rd is my daughter’s b’day so maybe it will provide me with
a bit of luck to win the copy of Quicken!

Reply to this comment

avatar 50 Anonymous

I’d love a copy , sign me up

Reply to this comment

avatar 51 Anonymous

Very helpful review of Quicken 2010. Thanks.

Reply to this comment

avatar 52 Anonymous

Great Review.

Reply to this comment

avatar 53 Anonymous

Thanks for the giveaway!! Please enter me in the drawing.

Reply to this comment

avatar 54 Anonymous
avatar 55 Anonymous

Would love to win Quicken 2010!

Reply to this comment

avatar 56 Anonymous

I don’t use twitter, so i’ll settle for 2 chances out of 3 — I became a fan on facebook :)
maybe i’ll finally update my 2006 version!
Stephen

Reply to this comment

avatar 57 Anonymous

I’m in..thanks!

Reply to this comment

avatar 58 Anonymous

I would love to try out the 2010 version of Quicken!!!

Reply to this comment

avatar 59 Anonymous

I have been using Quicken since 2002 and am currently on v2008. Would love to test and compare the new version.
Thanks!

Reply to this comment

avatar 60 Anonymous

i love free

Reply to this comment

avatar 61 Anonymous

I would love to win a copy!

Reply to this comment

avatar 62 Anonymous

I’d like to win it. Thanks.

Reply to this comment

avatar 63 Anonymous

Have used Quicken for 10+ years. Currently using Quicken 2007 and see no reason to upgrade except Intuit is notorious for dropping support for older software. So, please enter me in the drawing.

Reply to this comment

avatar 64 Anonymous

Would love to win a free Quicken 2010 Premier version

Reply to this comment

avatar 65 Anonymous

Thanks for the review. Would like to win!

Reply to this comment

avatar 66 Anonymous

I’ve love a chance to win a copy of Quicken 2010!

Reply to this comment

avatar 67 Anonymous

I check your site every day so I can learn to improve my money management. Winning a Quicken copy would only help !! Whether I win or not, Thank You!

Reply to this comment

avatar 68 Anonymous

Good review. I too like the Net Worth Over Time graphs (MS Money had it too). It gives me a sense of how I’m doing compared to past months.

Reply to this comment

avatar 69 Anonymous

Great review. I always get started with Quicken for the year, but soon get frustrated and give up. Maybe 2010 will be different…

Reply to this comment

avatar 70 Anonymous

Thanks for throwing my name in the hat for a chance to win,

Reply to this comment

avatar 71 Anonymous

I love Quicken! Pick me!

Reply to this comment

avatar 72 Anonymous

My son is in accounting and has to use what his company dictates but at home… it’s Quicken, by choice.

Reply to this comment

avatar 73 Anonymous

Thank you for the review. Please include me in the Quicken 2010 giveaway contest. I need a good budgeting/personal finance solution to benefit my large blended family…which includes myself, wife, our kids, step kids (mine & hers), foster kids… nine total just like the Brady Bunch family except no live-in housekeeper.

Reply to this comment

avatar 74 Anonymous

I wouldn’t mind winning a new version as well. I’m running Quicken 2008 and I’m not being inundated with $10 off upgrade offers from Intuit. I think that works out to $50 for the 2010 edition, but I think I’m going to let it go one more year before I upgrade. I’m amazed about how they don’t seem to really upgrade the engine, but do more to upgrade the look of the software each year. Just like the author, I seem to constantly have stability problems around downloading transactions. So much so, that I don’t even bother with my investment accounts anymore because it seems impossible to easily get them to match up.

Reply to this comment

avatar 75 Anonymous

Thanks for the timely info. Please enter me as I would love to win one!

Reply to this comment

avatar 76 Anonymous

I was a MS Money user for years. Just bought Quicken Premiere 2010 after tinkering with the free online Quicken. I’m really upset that most of my financial institutions don’t have available synching/transaction downloading, including my two retirement plans: TIAA-CREF and New York State Deferred Compensation Plan; and my Capital One checking and savings accounts. The setup screens declare that it’s “Unavailable.”

Capital One worked with MS Money and the online Quicken. The bank’s website indicates that they connect to Quicken, but they must mean the online version, not the expensive application.

You should check on your institutions before you buy Quicken 2010.

Reply to this comment

avatar 77 Anonymous

This is the first and most comprehensive review of Quicken 2010 I have seen. Thank you.

Reply to this comment

avatar 78 Anonymous

Looks awesome…enter me

Reply to this comment

avatar 79 Anonymous

Please add me to the drawing. I have been wanting to try quicken, but $100 is a lot to spend to try it.

Reply to this comment

avatar 80 Anonymous

I’d love to win one of those copies. And by the time you have the drawing, maybe they’ll have a few of the early bugs worked out.

I am a veteran user of Quicken, since DOS versions, but had to give up on Q2009. I’m using Q2008 and hoping this new version will have solved the problems.

Reply to this comment

avatar 81 Anonymous

Please add my name into the drawing. Facebook fan also..:)

Reply to this comment

avatar 82 Anonymous

Please enter my name to win.

Reply to this comment

avatar 83 Anonymous

I’d love to give Quicken a try… I’m disappointed at Mint, and did not want to go back to MSN Money (althoug I liked it)
Maybe this is my chance to try Quicken!!

Reply to this comment

avatar 84 Anonymous

I’ve been strongly considering upgrading, so throw my name in the hat. I’m also a fan of CC on Facebook (as Mike Cleverdude).

Reply to this comment

avatar 85 Anonymous

Soon to be former MS Money user – looking to switch to Quicken…

Reply to this comment

avatar 86 Anonymous

Thanks for the giveaway!

Reply to this comment

avatar 87 Anonymous

Hoping to win!

Reply to this comment

avatar 88 Anonymous

Would love a chance at winning a copy!

Reply to this comment

avatar 89 Anonymous

count me in

Reply to this comment

avatar 90 Anonymous

Sign me up!

Reply to this comment

avatar 91 Anonymous

Sure would like to upgrade my version of Quicken.

Reply to this comment

avatar 92 Anonymous

Sign me up! Please please please?

Facebook fan, and left a Twitter too!

Reply to this comment

avatar 93 Anonymous

Yes, I would like to win a copy of Quicken. I have been using Q07 Premier and don’t have much time left to use it!

Reply to this comment

avatar 94 Anonymous

Enter me. Free is always good.

Reply to this comment

avatar 95 Anonymous

Would love a copy of the software.

Reply to this comment

avatar 96 Anonymous

I too came to use Quicken by way of Microsoft Money. I wait until a version has been out for a few months maybe a year and then locate the lowest price for the current year’s version. Then I make use of websites such as yours to try and determine if it is worth the trouble and cost to upgrade to the latest version. It would be nice to be able to test or bench mark the new version but it seems like you must buy to try! Since I am using the package for banks and credit cards in a non business environment, I can afford to wait in hopes of spending as little as possible to upgrade. Your website seems to have a common sense approach that works well for me. I prefer to be current at the same time I like good deals as well! Thanks for the review!
Howard

Reply to this comment

avatar 97 Anonymous

I would love to get it.
Thanks!

Reply to this comment

avatar 98 Anonymous
avatar 99 Anonymous

Free is great.

Reply to this comment

avatar 100 Anonymous

I actually have been using Quicken since Version 1. I only upgraded every 2 years except last year when the change in downloading bank data was changed. I have been very satisfied with the program.

Reply to this comment

avatar 101 Anonymous

Nothing much has happenned in quicken since 2008 edition.

Reply to this comment

avatar 102 Anonymous

Thank you for reviewing the new Quicken. Sounds like a decent upgrade from the 2008 version that I’m currently using.

Reply to this comment

avatar 103 Anonymous

One feature that Quicken has never handled satisfactorily is handling non-taxable Mutual Fund mergers, where one fund becomes a slightly different one for a variety of reasons. There is a way to do this using Corporate Takeover entries but this is not obvious to most users when updating with Direct Connect. Most institutions show a remove and then an add transaction. If the user simply allows these transactions to be accepted, they lose all their cost basis calculations. It would be nice if Quicken could detect these type of entries and tell the user it suspects a Mutual fund merger so that this could be handled in the proper fashion maintaining cost basis.

Reply to this comment

avatar 104 Anonymous

I would love to win a copy of Quicken 2010… even though I still use and like MS Money. I’ll check you out on Facebook.

Reply to this comment

avatar 105 Anonymous

Thank you for your kind offer.

Reply to this comment

avatar 106 Anonymous

Last time I tried Quicken was in 06 and I couldn’t get into it. I’d love the opportunity to try again.

Reply to this comment

avatar 107 Anonymous

Thanks for the honest review. I was hoping the downloading bugs from the financial institutions were fixed. Oh well, maybe next year!

thanks

Reply to this comment

avatar 108 Anonymous

I have used Quicken for some time now and I have been very pleased with the program. The only drawback is that every 3 years or so, you need to update to the new version because your current version stops downloading from your financial institution.

Reply to this comment

avatar 109 Anonymous

Great Idea to boost visits!!

Reply to this comment

avatar 110 Anonymous

I have been using Quicken consistently since 1996, upgrading every year, except for 2009. My biggest complaint has always been that you cannot easily do a forward looking “zero based” or “envelope” budget in quicken. It seems the latest version (and possible 2009) are trying to move in that direction. My question is, can you set up Spending Goals by category groups instead of categories, to get a less granulated view of your spending patterns.

Reply to this comment

avatar 111 Anonymous

I’ve been a quicken user since the mid 90’s. Normally update once every three years. Quicken 2010 would be a year earlier than normal, but I’ll sacrifice and do it early if I win.

Reply to this comment

avatar 112 Anonymous

I’ve never used financial software before, but Quicken seems to have all the features I’d want!

Reply to this comment

avatar 113 Anonymous

I’ve been a long-term user of Quicken (since 2002) and would love to upgrade to the newest version.

Reply to this comment

avatar 114 Anonymous

Mint.com solved the biggest problem I had with desktop programs like Microsoft Money and Quicken, namely that downloading transaction data was a nightmare. I’m happy to hear that the Mint team will be working on Quicken.

I’m a Facebook fan too.

Reply to this comment

avatar 115 Anonymous

I’d love to win the Quicken 2010…if I don’t win it I will have to buy it. Based on your review I am willing to give Quicken a try although it will be difficult to part with MS Money.

Reply to this comment

avatar 116 Anonymous

Please enter me in the the drawing. I’m a Money user, but need to check out something new now that Microsoft is discontinuing it.

Reply to this comment

avatar 117 Anonymous

Thanks for the opportunity!

Reply to this comment

avatar 118 Anonymous

I also became a Facebook Fan!!!

Reply to this comment

avatar 119 Anonymous

Please enter me as well and thank you for the review. I’m a Quicken 2009 user and would very much like to upgrade (especially for free) :-).

Reply to this comment

avatar 120 Anonymous
avatar 121 Anonymous

ADDITIONAL COMMENTS: I’ve used Quicken since DOS versions. (Before that I used Managing Your Money – which REALLY dates me!) I think there is a great difference between veteran/experienced Quicken users and the folks who started their financial management experience with something like MINT.

Quicken has its problems with constant revisions, which sometimes take away favorite features and add some that we could live without. But it does allow you to really track everything you need to know about your financial situation. You don’t have to keep track of every time you put 25 cents into a parking meter unless you want to, But I can get marvelous reports at tax time, keep track of loans and debts, investment history, and small business activities.

I’ve played with MINT and it’s fine just to see what you’ve spent and earned, but there is, so far, no way to enter check you write that have not yet cleared, so you really don’t know what your balances are when planning an expense transaction. And, if the web goes down or a cloud server loses its data, you’re up the creek, not having records on your desktop.

It’s going to be interesting to see what Mint does with Quicken in the Merger, since Mint’s leader is becoming head of the Quicken products.

Reply to this comment

avatar 122 Anonymous

Would love to have a chance of obtaining the new version of Quicken 2010 Deluxe

Reply to this comment

avatar 123 Anonymous

Great article. I have been looking for something else to manage my finances since Microsoft Money is no more, maybe I can win!!!

Also I am now a fan of Consumerism Commentary on Facebook!!

Reply to this comment

avatar 124 Anonymous

Really nice review, will deffinately be buying a money management software soon to help with my finances.

Reply to this comment

avatar 125 Anonymous

Informative article. I am a long-time Quicken user, and am anxious to try this new version.
Fan of you on Facebook
Tweeted here:
http://twitter.com/CleverGayle/status/5073981240

Thanks!

Reply to this comment

avatar 126 Anonymous

Thank you for the valuable information. I was hoping that I could use the software during the updating process with this version.

Robert

Reply to this comment

avatar 127 Anonymous

I became a fan on facebook too. Thanks for the chance.

Bob

Reply to this comment

avatar 128 Anonymous

Ahh…nice to see a mention of Managing Your Money in the comments above….takes me back a ways. I’ve been a Quicken user for years and years, and the one feature that keeps me with it is the Savings Goals. Once someone replicates that, I may be one my way out (but I hope I win the Q2010!)

Reply to this comment

avatar 129 Anonymous

Ditto on the drawing.

Reply to this comment

avatar 130 Anonymous

Any improvement to Quicken’s [non-existent] integration with Excel? In 2009, when you output to Excel, you don’t get any formulas (i.e., a total in a column is just the number, not the sum of the other number). This impedes any kind of analysis or modeling in Excel.

Is there any way to import a budget that you created in Excel?

Thanks

Reply to this comment

avatar 131 Anonymous

Thanks for the review, it’s too bad Intuit has sort of slowed down in the innovation department, but maybe the Mint acquisition will help with Quicken 2011. I won’t pay to upgrade, but I’ll take a free copy any day.

Reply to this comment

avatar 132 Anonymous

Hey there! I did the facebook fan thing, the tweeter thing, and am leaving a comment to let you know that I’d love to win the copy of Quicken. My mom is actually a long-term Quicken user, and this would be a great Christmas gift for her.

Reply to this comment

avatar 133 Anonymous

I am seriously contenplating my own business and this would come in very handy..

1. I became a fan on FB
2. I tweeted the message on twitter
3. Leaving my comment on this website :)

Good luck everyone!

Reply to this comment

avatar 134 Anonymous

would love to win!!

Reply to this comment

avatar 135 Anonymous

Good article. Like your stories and this one is no exception.

Reply to this comment

avatar 136 Anonymous

Truth be told, I have nothing to say, just want to win the free copy :)

Reply to this comment

avatar 137 Luke Landes

The giveaway has ended as of 11:59 PM ET and the winners will be announced shortly. Any comments below this do not qualify.

Reply to this comment

avatar 138 Anonymous

I have recorded every check I’ve written and cash spent since December of 1991, in Quicken– I have run a small business since April of 1998 and have keep all my book work in Quicken. I also manage an apartment building, and keep all my rental information in quicken. Currently I am using Quicken home and business 2003 and would love to try the new version. I download my bank accounts and paypal into my Quicken program, and would like to get a Quicken version of POS system for my store. I love Quicken and highly recommend for personal and business use!!!

Reply to this comment

avatar 139 Anonymous

Dawn…HOW are you downloading into Quicken Ho/B 2003? They don’t support downloads beyon Q1007 currently.

Reply to this comment

avatar 140 Anonymous

Hi, it’s a great article and great review. I believe that you might have missed to review a very important feature of Quicken.

As when Quicken released first few releases (1992), I have bought and happily used them, every week or other day, I input manually each transaction, which includes checks deposit, checks cashed, credit card transaction, then when I receive the statement of each bank, I do compare them. T

hen slowly after 4-5 years, banks allow their clients be able to download they online statements in Quicken or Money format, I was happied to download them each month and imported to Quicken.

If I remember correctly, started from 2002-2003, Quicken was able to download the statements/transactions directly from the banks, It put me at easy, which have saved me lots of time.

And for the past three years, Bank of America, has allowed their clients to not just download the text transaction, they do allow their clients ALSO to download the bank checks images (front and back) for each checks deposit and checks cashed. I

am still using 2006 version, 3 years ago, I have called Quicken tech-supp and expressed my request/wish/expect that Intuit improve/enhance/add the feature that could automatically download also the check images that available. I guess, maybe there are not much demand; therefore Intuit did not implement this feature.

Now a days, the storages in PC and Internet bandwidth no longer an issue. and would be great that you can review and commend it. if you add your comment in your review, I bet, Intuit will wake up their developers and marketing team.

I would not absolutely purchase another release of Quicken, just because, they have improved the cosmetic and GUI. I will wait and will upgrade every 4-5 years/releases. But, once I know they implemented that feature, I will run out buy a copy at once.

To whom that does not have Quicken yet, it’s maybe worthy to buy it, people can buy older version for much cheaper cost – unless you just upgraded or have Windows 7, then you may have to buy 2010 version.

Reply to this comment

avatar 141 Anonymous

I agree with this requirement. I have been looking for this feature to download check images automatically. I would buy a copy immediately if this feature available.

Reply to this comment

avatar 142 Anonymous

This would be an excelent addition. Why doesn’t quicken implement it is crazy.

Reply to this comment

avatar 143 Anonymous

My bookkeeping for our business would be streamlined and so much easier with Quicken 2010. Thanks for the information and drawing.

Reply to this comment

avatar 144 Anonymous

For a home business I think quicken home & business is probably fine, but for larger business you may want to look at Quickbooks which is also an intuit product.

Reply to this comment

avatar 145 Anonymous

I would surmise that your Quicken lock-ups are a system issue, not an issue with the software. A nice way to get around the data download issue is to use Scheduled Updates (found in the Online Menu > Schedule Updates). Make certain to put a check next to the Financial Institutions you want to download.

Reply to this comment

avatar 146 Anonymous

You should have a period where you can return it if you are not satisfied. I believe it is 60 days.

Reply to this comment

avatar 147 Anonymous

It would be wonderful if I could Quicken my business financial data. (pun intended) I am a Facebook Fan

Reply to this comment

avatar 148 Anonymous

It would be wonderful if I could Quicken my business financial data. (pun intended) I am a Facebook Fan

Reply to this comment

avatar 149 Anonymous

What makes me nuts about Quicken (besides the hanging-on-update issue, which I get about every third or fourth update) is that the format for reports is so clunky and cannot be customized or altered in any way. One of the handiest things about Quicken is that, if you handle your categories carefully, when it comes tax time you can pop out a report of income and deductible expenses for your tax preparer (even when that’s yourself) in a matter of minutes. But the format is close to illegible, with totals at the top, no lines, no way to separate categories with spaces for readability. It’s truly infuriating and surely one of the simplest things in the world for Intuit to take care of. I hope they’re listening, because I’m not buying another upgrade (I’m at 2007) until I hear that report format can be customized! So there!

Reply to this comment

avatar 150 Anonymous

It would be nice if Intuit offers to download checks images. Let’s say I have 4 checks to deopit.

$50 from aa bb, $100 from c d, $200 from e f, and $150 from g h.

If I depotit them together in one transaction is $500.

How nice if Quicken download all the check images. and add a searchable note such as:

aa bb $50 (or just aa bb, c d , e f )
c d $100 …

so in months or years later, I can search and will be able to find aa bb or c d that I deposited.

Instead just showing a $500 transaction. who will remember from who and what.

Intuit your product is not at the dead end (like Winfax) . move on and implement it

Reply to this comment

avatar 151 Anonymous

I am considering moving to Quicken Home and Business 2010. Do you have any experience of Quicken’s ability to convert MS Money 2003 standard edition files. My bank has just dropped the .Ofx download format for MS Money and I am no longer able to download transactions. They only offer .qif as the download format and MS money will not process this format.

Any suggestions or comment would be appreciated. Thanks

Reply to this comment

avatar 152 Anonymous

I would love to win the new Quicken 2010!!!

Reply to this comment

Leave a Comment

Note: Use your name or a unique handle, not the name of a website or business. No deep links or business URLs are allowed. Spam, including promotional linking to a company website, will be deleted. By submitting your comment you are agreeing to these terms and conditions.