Microsoft just announced that they will discontinue their popular Microsoft Money software application for PCs on June 30, 2009. While the announcement is not a complete surprise, it does leave some in quandary of what to do since they are already users of the financial software.
Export and Import data. You can use Intuit’s Quicken Data converter will take your Money data and bring it into Quicken. If you are using Money, you will be surprised at how quickly you will pick up on Quicken. Many features are the same and the interface in Quicken is easy to get around in and become comfortable with.
Start over. Set up a cut-off date and stop using Microsoft Money and begin using a new product. Keep the overlap at about a month, though until you are sure everything is working fine in your new software. Then, keep Money around only for reference purposes (remember your taxes next spring will require you to access your Money program to bring out taxable data in order to place into your taxes.
Look at online applications. One option for keeping your finances is to choose an online program. Quicken is now offered as an online application and there are others, too. Just keep in mind that you will want to create a password that is very, very hard to crack so that you are not subjected to someone getting into your account and really messing things up financially for you. There are many online applications out there. Check them out and find one that fits you and your circumstances. Read reviews on the top ones to help you make the right choice.
Keep using it. You can still use Microsoft Money. Just because it is being discontinued does not mean that it will cease to work properly. But, keep in mind that program enhancements and fixes will no longer be forthcoming. At some point, you will want to get off of Money and onto something else.
It is not often that we see Microsoft exiting a market that they have had a presence in for so long, but Money has always been second to Quicken and probably its fate had been determined a long time ago simply because it could not overtake its rival. Gone will be that rival that forced the makers of Quicken to stay on their toes and keep their own software functionality performing at a high level. On the other hand, both applications had become bloated with too many features that most users find useless. Maybe now Quicken will stop that and focus on the things that people really need and want.
Whatever twists and turns come up in the future for personal finance software, there will always be a method available for you to keep your checkbook online.
Related Content:
- Networking: A Great Way to Motivate Yourself As an entrepreneur you may hear a lot about networking and wonder what all the hubbub is about. Networking, both online and off, is a wonderful way to build connections in your industry. It’s a...
- Successful Money Making Stands Solely on Online Business Goals ? Its time to know the online business goals, it is true that the successful money making business stands on how the goals are defined ? Lets try to find out the various possible goals of...
- How To Make More Money by Widening Your Income Opportunities ? In case of Online business, always there are opportunities to widen your Income. Yes, either you are running a blog or doing affiliate marketing, you will get more chances to expand your income. Sometimes, its...
- The Big List Of How To Get Involved In Politics. So, you don't like the direction that politics is headed in? Think you cannot make a difference? Well, you are wrong. You CAN make a difference and sometimes, all you need is a little bit...
- Free Money Management Tools from Google When it comes to managing our money and investments, creating financial plans, or analyzing our retirement portfolio, I'm all about the free stuff. There are lots of online money management tools around. Google has them...
Recent Comments