Quicken Review, Features, Pricing, And More
Quicken is a personal finance management tool that helps you track and manage your income, expenses, investments, and bills in one place. With Quicken, you can create budgets, set financial goals, monitor your investments, and simplify your tax preparation process.
Quicken Review: In today’s world, managing personal finances has become increasingly important. With so many options available for personal finance software, it can be overwhelming to choose the right one for your needs. However, one of the most well-known and established options is Quicken. Quicken has been around for decades and is still a leading tool for personal finance organization and tracking.
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Quicken offers a variety of features for both Windows and Mac users, including budgeting, investment tracking, customized reporting, bill payment, debt reduction planning, and more. Additionally, Quicken offers web and mobile access, allowing users to monitor their finances on the go.
One of the key advantages of Quicken is its ability to connect to your bank and automatically update your accounts, saving you time and effort in manual tracking. Furthermore, Quicken offers a high level of security and encryption to protect your accounts, giving users peace of mind when managing their finances.
Overall, Quicken remains a solid choice for personal finance software, especially for those who value robust budgeting and investment tracking features. In this review, we will explore Quicken’s features, pricing, security, customer service, and more to help you decide if Quicken is the right choice for you.
- Customized reporting and specialized investment reports
- Companion mobile app and online platform for web access
- High-level security and encryption to protect accounts
- Phone and chat support, as well as a help center with expert guidance
- Quicken for Mac lags behind the Windows version in terms of features and functionality.
Quicken Review: Benefits of Quicken
Quicken allows you to create budgets based on your income and expenses, and track your spending to ensure you stay within your budget.
With Quicken, you can easily pay your bills online and track your payments to avoid missing due dates.
Quicken allows you to track your investments and monitor their performance in real time.
Quicken provides you with a range of financial reports that help you understand your financial situation and make informed decisions.
Quicken can also assist with tax preparation by tracking your deductible expenses and generating reports that simplify the tax filing process.
Quicken allows you to customize the software to meet your specific needs and preferences.
Quicken uses bank-level security to protect your financial data, ensuring that your personal information is kept safe.
Quicken Review: Quicken Features
Quicken Spending Manager
This tool allows you to keep track of your financial transactions and accounts in one place, search by amount, payee, and expense type, create and manage categories, and predict your financial future.
Quicken Budget Manager
This feature helps you keep track of your spending habits, get a clear picture of your expenses versus your income, connect your active accounts, and uncover regular expenses. You can get personalized budgets with the investment adviser tool, create as many categories as you like, and track your budget using Quicken mobile application or on the web.
Quicken Bill Manager
This feature allows you to manage your expenditures via the dashboard, keep an eye on all your transactions, pay bills online and offline in one place, and download electronic bills. Quicken’s Quick Pay gives you access to over 11 500 digital network billers, and Check Pay enables you to send physical checks all over the United States.
Quicken Retirement Plan
This feature helps you have your fallback accounts in one place, get a comprehensive view of your holdings and investment portfolio, and create long-term “What if” scenarios using the Quicken Windows Lifetime Planner to show you the impact your life choices will have on your retirement.
Quicken Investment Tracker
This feature allows you to see and monitor all your assets with a single view, take advantage of the market, discover concentrated positions with the Morningstar X-Ray tool, and plan tax payments effortlessly.
Quicken Home and Business Manager
This feature helps you manage your home and business balance sheets, download reports from over 14 000 financial statements, store receipts, contracts, leases, and other official documents, and take the burden of tax management off your shoulders.
Quicken Review: Conclusion
With Quicken, you can manage all aspects of your personal finances, from budgeting and monitoring investments to paying bills and tracking expenditures. There are certain places where the program might be improved, though, such as introducing the Home and Business option for Mac users, making it easier to contact customer care, and making it more portable for more productivity. Nonetheless, user evaluations indicate that Quicken is still among the top accounting software options available. It’s critical to evaluate Quicken against other, comparable applications to see whether it best suits your needs or if another software would be a better fit.
In the end, Quicken gives customers the resources they need to take charge of their money, which is essential in today’s environment when attaining personal success depends on maintaining financial stability.
Quicken Review: FAQs
what is Quicken property management software?
Landlords and property managers may manage their rental properties with the use of Quicken property management software. Users can simply keep track of rental revenue, costs, tenant details, and other crucial information regarding their rental properties with the help of this program. Rent collecting, lease monitoring, tenant screening, maintenance tracking, and financial reporting are just a few of the services offered by the platform. Also, it can help with tax preparation by producing reports like Schedule E tax forms. Users may easily manage both their personal and corporate accounts in one location thanks to the integration of Quicken’s property management software with its accounting program.
Can I transfer Quicken to a new computer?
Yes, you can transfer the same Quicken file from one computer to another, but you cannot use the solution simultaneously on both desktops. You will have to install the software on both devices and sign in with the same identification.
Do I need to buy Quicken every year?
Once your subscription plan expires, you will have to purchase a new one. However, if you are on the Starter plan, you can still access your files after the expiration. If you are on the Deluxe plan or above, you can keep using the software manually.
What happens if I don’t renew my Quicken subscription?
If you don’t renew your subscription, you will lose access to the features, version updates, and services provided by Quicken.
Is Quicken safe to use for financial transactions?
Yes, Quicken uses 256-bit encryption to ensure the safe transfer of financial information from your financial institution to the accounting solution. Additionally, if you use Express Web Connect, it is firewall-protected and has servers in the Quicken data center.
Does Quicken offer cloud storage?
By default, Quicken stores your files locally on your computer. However, if you opt for syncing through the Quicken Mobile app or Quicken on the Web, your data is added to the cloud.
How do I buy the Quicken software?
Quicken has changed its service to a subscription model, meaning that you cannot buy the software anymore. Instead, you will pay an annual fee to keep accessing the program.
Quicken Review: Quicken Pricing Information
|Plan||Home & Business for Windows|
|Price||$5.99/month billed annually|
|Risk-Free||Try for 30 days|
|Manage Finances Together||Yes|
|Schedule C & E Tax Reports||Yes|
|Manage Tenants & Payments||Yes|
|Store Business & Rental Docs||Yes|
|Investment Portfolio Tracking||Yes|
|Bill Tracking & Payment||Yes (value of $119/year)|
|Manage Spending & Budget||Yes|
|Track All Finances||Yes|
|Tax-Time Made Easy||Yes|
|Monitor & Grow Investments||Yes|
|Business & Rental Finances||Yes|
|Updated Property Value||Yes|
|Track with IRS Categories||Yes|
|Track A/P, A/R, P&L, Cash Flow||Yes|
|Email Custom Invoices||Yes|
|Generate Tax Schedules||Yes|
|Track Multiple Businesses||Yes|
|Track Multiple Properties||Yes|
Note: Quicken offers other plans such as Simplifi, Home & Business for Mac, Premier, and Deluxe with varying features and pricing. The table above only includes the features of the Home & Business plan for Windows.