Harry2007

Q: best financial software for mac

What is the best personal financial software for mac? I am currently using Quicken 2007 but keep losing data.

Thanks,

iMac (20-inch Early 2008), Mac OS X (10.5.8)

Posted on Sep 17, 2012 6:30 AM

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Q: best financial software for mac

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  • by George Chapman,

    George Chapman George Chapman Apr 15, 2013 12:56 PM in response to acrossthepond
    Level 2 (356 points)
    Apple Watch
    Apr 15, 2013 12:56 PM in response to acrossthepond

    That's right. It is Campbell and as I remember from the Jobs book he was a big buddy of Jobs. I don't understand his business philosophy not supporting Apple products then. Too bad somebody can't bend his ear.

  • by MlchaelLAX,

    MlchaelLAX MlchaelLAX Apr 15, 2013 2:27 PM in response to George Chapman
    Level 4 (2,256 points)
    Apr 15, 2013 2:27 PM in response to George Chapman

    Back when Steve Jobs returned to Apple, Intuit announced that they were going to drop further updates to Quicken for the Mac.

     

    Jobs invited Bill Campbell, a former executive of Apple, who was then the CEO of Intuit to come see the prototype of the newly developed iMac.

     

    Campbell agreed to continue to update Quicken and Apple agreed to bundle a copy of Quicken '98 with every new iMac.

     

    Campbell, while no longer the CEO of Intuit, still sits on the board of Apple and continues to advise Intuit:

     

    http://www.iclarified.com/29117/apple-board-member-bill-campbell-talks-about-fut ure-products-video

     

    Intuit just has never really cared much for its Mac base of customers.

     

    Personally I was surprised with the release of Quicken 2007 for Lion in March, 2012; pleasantly surprised !

  • by George Chapman,

    George Chapman George Chapman Apr 15, 2013 2:32 PM in response to MlchaelLAX
    Level 2 (356 points)
    Apple Watch
    Apr 15, 2013 2:32 PM in response to MlchaelLAX

    I also was surprised having followed this fiasco for a long time. I bet there a dozen threads like this one over the last many years.

  • by MlchaelLAX,

    MlchaelLAX MlchaelLAX Apr 15, 2013 2:45 PM in response to George Chapman
    Level 4 (2,256 points)
    Apr 15, 2013 2:45 PM in response to George Chapman

    As I may have mentioned above, I was a longtime user of Quicken Deluxe 2002 and happy not to upgrade (or "downgrade" as that case may have been) as I was involved in the stock market in those days and QD2002 was very helpful in tracking my trades.

     

    I have never switched over to OFX type of account updating; I prefer to import QIF's.

     

    So when Lion entered my life, I contined to run QD2002 after developing my method of installing Snow Leopard into Parallels 7 for use in Lion.  I still use that method, now with Snow Leopard Server, for running other PowerPC applications.

     

    I of course moved over to Quicken 2007 for Lion, but an very concerned about other users who continue to announce problems with versions 16.1.3 or 16.1.4; as I remain with 16.1.2.  How can they obtain 16.1.2, when Intuit now only sells 16.1.4 for download?

     

    Last time I checked, not much new has been developed in the accounting world since 2007, so why do I need a Quicken 2013 for the Mac?

  • by George Chapman,

    George Chapman George Chapman Apr 15, 2013 3:00 PM in response to MlchaelLAX
    Level 2 (356 points)
    Apple Watch
    Apr 15, 2013 3:00 PM in response to MlchaelLAX

    Things have changed in the computing world.

  • by MlchaelLAX,

    MlchaelLAX MlchaelLAX Apr 15, 2013 3:37 PM in response to George Chapman
    Level 4 (2,256 points)
    Apr 15, 2013 3:37 PM in response to George Chapman

    ...or not, as in the case of Intuit products for Mac!

  • by George Chapman,

    George Chapman George Chapman Apr 15, 2013 3:43 PM in response to MlchaelLAX
    Level 2 (356 points)
    Apple Watch
    Apr 15, 2013 3:43 PM in response to MlchaelLAX

    I agree!

  • by Harry2007,

    Harry2007 Harry2007 Apr 15, 2013 5:00 PM in response to Harry2007
    Level 1 (4 points)
    iPhone
    Apr 15, 2013 5:00 PM in response to Harry2007

    Has anybody used Mint (the on-line service) and Mint.com app? I am thinking desktop applications are going to be dinosaurs soon. Mint is free and Mac Review gives a high grade.

  • by George Chapman,

    George Chapman George Chapman Apr 15, 2013 5:57 PM in response to Harry2007
    Level 2 (356 points)
    Apple Watch
    Apr 15, 2013 5:57 PM in response to Harry2007

    I tried it when  it was new and it was not new. Besides I don't want my data on line!

  • by ShariPotter,

    ShariPotter ShariPotter Apr 15, 2013 6:33 PM in response to Harry2007
    Level 1 (4 points)
    Mac OS X
    Apr 15, 2013 6:33 PM in response to Harry2007

    I tried Mint and kind of liked it, but was also concerned about having all my financial data online. I still have a Mint account and am considering using Mint regularly. What is great about Mint is that it has up to the minute balances for all your accounts, and you don't have to download to get that, plus there's an app.

     

    And get this--even though Mint is an Intuit product, I could not transfer my Mint records to Quicken!  There is no was to transfer those files!  One more strike against Intuit.

  • by Csound1,

    Csound1 Csound1 Apr 15, 2013 7:45 PM in response to ShariPotter
    Level 9 (51,251 points)
    Desktops
    Apr 15, 2013 7:45 PM in response to ShariPotter

    ShariPotter wrote:

     

    I tried Mint and kind of liked it, but was also concerned about having all my financial data online. I still have a Mint account and am considering using Mint regularly. What is great about Mint is that it has up to the minute balances for all your accounts, and you don't have to download to get that, plus there's an app.

     

    And get this--even though Mint is an Intuit product, I could not transfer my Mint records to Quicken!  There is no was to transfer those files!  One more strike against Intuit.

    I got fed up with Intuit and went to Mint (before Intuit bought it), now, just like a bad penny Intuit are back.

  • by mdb288,

    mdb288 mdb288 Apr 15, 2013 7:45 PM in response to ShariPotter
    Level 1 (10 points)
    Apr 15, 2013 7:45 PM in response to ShariPotter

    a few thoughts to multiple prior posts:

     

    1.  mint - it is good at aggregating financial data from mulitple sites; it is not quite a functional as quicken...keeping track of where i spend my money and paying bills; it is more like keeping track of investments.

     

    as others said...liked seeing an aggregate of my investments...but was creeped out that some 3rd party had all my data...

     

    i deleted my account...

     

    2. desktop software is a dinosaur

     

    completely agree...

     

    the vanguard site tells me so much more than quicken or any other product can ... it lets me slice and dice the data in many ways...

     

    true it does not aggregate multiiple sights into one the way mint or quicken does ...

     

    but i simply find i do not need quicken to look at my data the way i did 5 years ago (when it comes to looking at investments...)

     

    quicken is more for categorizing my spending; keeping track of tax stuff; paying bills; autobill pay...

     

    3.  mac equivalents of quicken

     

    i know you do not want to her it:  the most up  to date personal finance program is quickeni PC 2013...

     

    it has been developed over ?20 years...ibank could not be as comprehensive no matter how many engineers they have developing it...

     

    quicken PC  has the biggest following so it is going to work and be fully supported by the company

     

    your fighting an uphill battle...

     

    if you really use quicken...get vmware or parallels and install the PC version...(most people seem to have quicken for pc and a windows 7 disk...vmaware/parallels is about $50...)

     

    hey i just bought a 2000 imac and was disappointed with this situation...but by all the posts and everything one sees online...i think there is just a practical issue if you really are a power quicken user...

     

    i guess quicken 2007 mac is an option (and am sure i will hear from angry propents...)...why is it "2007" and not "2013"...and when Mac OS gets upgraded one is not sure it will be compatible

     

    (sorry)

  • by MlchaelLAX,

    MlchaelLAX MlchaelLAX Apr 16, 2013 10:12 AM in response to mdb288
    Level 4 (2,256 points)
    Apr 16, 2013 10:12 AM in response to mdb288

    Yes, I have considered Quicken for PC and your reasons are compelling (especially the idea that Intuit will keep supporting it).

     

    Perhaps you will have answers to these questions, which keep me from moving over to Quicken PC:

     

    1.  Is there an easy way to migrate my current Quicken 2007 for Mac to Quicken for PC or would I have to start over and rekey my data?

     

    2.  What features do Quicken for PC have that I am missing on Quicken 2007 for Mac?  How important are they?

     

    3.  I ignore the "why is there no Quicken 2013 for Mac" on the theory if it ain't broke don't fix it and again, what am I missing that they did not think of in 2007?

     

    Another consideration:

     

    The Question is: what will you do when  you are audited or otherwise need access to historical financial data?

     

    That is why I always have access to an environment where I can run any version of Quicken that I used over the years and why I continue to use Quicken for Mac.

  • by MVP456,

    MVP456 MVP456 Apr 26, 2013 7:19 AM in response to Harry2007
    Level 1 (0 points)
    Apr 26, 2013 7:19 AM in response to Harry2007

    My Financial Advisor recommended Mint.com last year and I love it for managing our budget and spending.  The shortcoming is that I can't print reports, e.g. taxable items as I could on Quicken.  The interface with my bank and credit card accounts is great.

  • by Mainely Jazz,

    Mainely Jazz Mainely Jazz Apr 27, 2013 6:18 AM in response to MVP456
    Level 1 (0 points)
    Apr 27, 2013 6:18 AM in response to MVP456

    I started using Quicken when it was on floppy disks--I think the 8-inch variety--and have used it religiously for over 20 years.  A life-long Windows user, I switched to the Mac in December 2012, assuming (foolishly) Quicken would have a perfectly good Mac version or there would be other, equivalent Mac software.  Neither turned out to be true.  Considering how essential this need is and the growing number of Mac users, I was stunned by this discovery.

     

    So I moved on to Mint, which I undersatnd was making great strides before it was snatched up by Intuit.  It seems the only winners there were the creators of Mint.  I considered whether I wanted my personal financial information "out there" instead of locked up in my computer, but in the end decided it's all probably "out there" already, and that's certainly the trend.  Plus, using cloud-based tools gives you the access-from-anywhere advantage.

     

    Mint was pretty good but not great.  The fact that it kept suggesting new credit cards to me or urging me to consider a different bank was pretty annoying.  But I also have relied heavily on Quicken Savings Goals, which Mint does not offer (or at least did not offer four months ago).  When you try to set up a Savings Goal, it gives you a list of excellent banks to choose from, all of which will be happy to help you set up a savings account.  That, of course, is not the objective.

     

    I ended up cancelling my Mint account and deleting as much off my aging PC as possible so I could continue running Quicken without the PC crashing.  Which, by the way, it did while I was typing this.

     

    I suppose my next step is to put Parallels on my Mac so I can run Quicken in a Windows environment without it crashing.  I really don't see any other viable options at the moment.

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