Moneydance
I’ve been a Quicken user for a little more than ten years, since 1999 to be exact. In the summer of 2008 I made the switch from Windows to a Mac but I had to hang onto Windows XP for a couple applications for which I just couldn’t find Mac equivalents. One of these two applications was Beyond Compare for which I finally found a suitable replacement. The other was Quicken. Quicken for Mac does exist but every review I’ve ever read about it is completely unfavorable. I’ve never seen a product more universally panned. It hasn’t been updated since version 2007 and the first proposed update since (Quicken Financial Life) had a fraction of the features of its Windows counterpart. That initiative was scrapped by Intuit (apparently because it sucked) and has since been tasked to a company Intuit recent purchased called Mint.com. That product is now called Quicken Essentials for Mac (the title really a euphemism meaning fewer features). It’s still pretty lame in comparison to its Windows counterpart, so much that I’m not willing to spend $60 on it only to likely have to request a refund (since I can’t get a trial version).
So after having the Mac for about a year and a half I went on the search once again for a suitable Quicken replacement for the Mac. There were more players than I had originally thought but most of them did not have a comparable feature set to Quicken. After doing some research I ended up settling on four possible replacements; iBank, GnuCash, Moneywell, and Moneydance. What I found is that I experienced such poor performance on many of the replacement solutions I was unable to test most of these “feature by feature”. Instead this is more of a review of Moneydance than anything else. Read more…
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