Quicken Sofware Review

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kcarter609
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Quicken Sofware Review

Postby kcarter609 » Sat Sep 01, 2012 8:56 pm

I have to say, I never really liked Mint.com or QUicken or any of those programs, but recently I got a free copy of Quicken and figured I'd give it another shot. I loaded all my accounts into it, it downloaded the transactions, and then I looked at the mess of data.

After looking at it all, some accounts only showing 30 days at most, others showing 90 days of transactions, I decided that I should delete everything prior to 8/1/12, adjust the opening account balances of all the accounts to be the amount they were as of 8/1/12, and categorize transactions.

20 minutes later, I have a clear picture of what I spent that month, one click updates, and it works great. It's nice to see how much you spend on stuff, and Quicken is definitely the best one out of all of them.

My only complaint is the completely retarded loan portion of it. It can't sync with my Chase car loan, so I have to enter it manually. It can't calculate the interest correctly, it applies the full $400 payment each month as a principal payment (until I split it to match what Chase shows was interest vs principal).

Overall though, if you want a clear picture of your net worth, want to track your spending, and have an easy way to see everything in one place, Quicken is great.

FYI: I'm not affiliated with them and I don't get any money for this. I just felt like writing a short review of it.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)


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FastSRT8
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Postby FastSRT8 » Sat Sep 01, 2012 10:36 pm

Been using Quicken for YEARS.... awesome product
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kcarter609
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Postby kcarter609 » Sat Sep 01, 2012 11:36 pm

FastSRT8 wrote:Been using Quicken for YEARS.... awesome product


Any experience with auto loans and Quicken? Maybe I'm just doing it wrong. It seems like this should be an easy feature that downloads from your bank.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

kcarter609
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Posts: 423
Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Sun Sep 02, 2012 5:12 pm

Ok, so after doing some experimenting, the way to get the auto loan to sort of sync is to set up Direct Connect with Chase. It can read the loan as a line of credit with this method, which works much better than the old way. I also set up my paychecks since they never change, and my car payment, so now the projected balances are going to be accurate.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

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FastSRT8
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Location: Canada

Postby FastSRT8 » Mon Sep 03, 2012 12:20 am

Sorry.... dont have a car loan so I dont use that feature.
Carpe diem quam minimum credula postero!



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