Managing your finance sounds like a complicated and time-consuming process. But it is pretty easy as several apps and tools can automate processes and shorten the time required.
The most popular of these is Quicken, but it’s not the only one. There are scores of them. So, I create a list of Quicken alternatives you might find useful. I also included some information on Quicken to help you pit it against the rest.
What is Quicken?
Quicken is a personal financing tool, originally from Intuit, and an independent company since 2016. You’ve probably heard about Intuit before, as it owns a popular accounting software called QuickBooks.
Quicken is for anyone who wants to get their finances in order. It helps you view all your financial details in one place. You can also set goals and manage your spending.
- An easy-to-use financing tool that you can access through the web and via apps. There are apps for both Windows and Mac.
- The free Quicken companion mobile app is available for iPad and Android tablets. The mobile app is available for iOS and Android devices.
- View your banking, credit card, retirement, and investment accounts in one place.
- Create realistic budgets and saving goals you can stick to.
- View and manage your bills and plan for the future.
- You can also manage your business finances with it.
- It has some bugs that slow down the app occasionally.
- You have to pay separately for the Windows and Mac apps; it will cost more if you use different devices. One way around this is to use the web version. You can access it if you are already a member.
- There’s no Business plan for Mac users.
- There’s no trial or monthly plan. You must pay for the whole year in advance.
Best Suited for: Employees, freelancers, and business owners getting started with personal finance.
Pricing: Plans are $35.99, $46.79, and $70.19 per year. Home and Business, for Windows only, is $95.39 per year.
There’s no free plan or trial available, but it has a 30-day money-back guarantee.
Mint is a budget planning and spending tracker, which Intuit acquired in 2014. Unlike Quicken, Mint is free to use. It’s not as advanced as Quicken, but it still has a lot of useful features.
- Free to use. Both iOS and Android apps are free.
- Plan your budget, monitor credit, and track spending with this one tool.
- Multifactor authentication and 256-bit encryption help protect your data.
- Mintsights features analyze data to provide personalized insights to help you save more and spend smarter.
- Calculates credit score for free.
- It displays ads from Mint partners.
- Not as advanced as Quicken, as it’s a budget planner and spending tracker, not a complete personal finance app.
Best Suited for: People looking for a free and straightforward tool to monitor their spending.
2. Personal Capital
Personal Capital is a premium financial planning and wealth management app. It has a good free plan for checking and planning your finances. The paid version has wealth management features. You also get advice from real financial advisors here.
- You can connect mortgages, loans, credit cards, savings, and 401ks in one place and get a complete view of your money. It will calculate your net worth.
- You can create a budget, track investments and plan your retirement.
- Access to financial advisors who will study your finances and develop a plan for you.
- Access to dedicated financial advisors and an investment committee with the larger plans.
- The free plan is limited.
- Paid plans with wealth management features are expensive and require a minimum balance of $100,000.
Best Suited for: People earning $100,000+ a year and have an investment portfolio.
Pricing: Starts with a free plan. Management fees for paid plans are based on earnings.
PocketSmith is a freemium personal finance software. You connect your financial accounts to it, view the insights, and plan future spending.
- Free to use.
- Connects with 12,000+ institutions worldwide. You can view transactions from multiple sources in one place.
- You can label, categorize and annotate your spending and quickly search for it later.
- Connect and send expenses to your Xero account.
- Create projections, forecast cash flow, and budget your finances.
- You can even import transactions and other data from Mint.com.
- The free plan is limited, and paid plans are slightly expensive.
- It can take some time to understand all features.
Best Suited for: Business owners and freelancers who require a personal financing app.
Pricing: Paid plans are $9.95 and $19.95 per month. There’s also a free plan.
Moneydance is a personal finance software that works on several devices and is available in many languages. It uses a double-entry bookkeeping system.
- Works on multiple devices. Software is available for Windows, macOS, and Linux. Apps are available for iOS and Android.
- You can use it to manage finances, track investments, and plan budgets.
- All your data is represented with easy-to-understand graphs and reports.
- It lets you set up payment schedules for single and recurring transactions.
- Very affordable.
- The user interface needs an upgrade.
- Doesn’t have as many features as the more advanced finance tools.
Best Suited for: Non-accountants who want a double-entry bookkeeping system.
Pricing: A one-time fee of $49.99. There’s a 90-day money-back guarantee. A free trial with limited features is also available.
5. YNAB (You Need A Budget)
YNAB is another popular personal budgeting software that works on multiple operating systems. The software aims to help you save every dollar for a specific need. This allows you to plan your budget better for the long run.
- Works on many devices, including web, Android, iOS, Apple Watch, and Amazon’s Alexa.
- You can add checking, savings, and credit card accounts and view all your finances in one place.
- It makes it easy to visualize your finances.
- You can use the data to create a budget, add goals and plan your spending.
- Includes video courses to help you get started.
- It’s a bit expensive.
- It’s a unique system when compared with other finance tools and requires a bit of a learning curve.
Best Suited for: People disappointed with other finance apps and tools.
Pricing: $11.99 per month or $84 per year. A free 34-day trial is available.
HomeBudget from Anishu is an expense management software for households. It works on multiple devices, including Kindle.
- Works on both computers and mobile devices. Software is available for macOS and Windows, and apps are available for Android, iOS, and Kindle.
- It’s very affordable. It costs a few dollars.
- It’s easy to use. It has categories and subcategories to help organize everything neatly.
- Not as feature-rich as many of the other tools on this list.
Best Suited for: Anyone looking for an affordable premium expense management tool for homes.
Pricing: Differs by the device. Kindle and Android versions are $5.99, and the iOS version is $19.99. The Windows version is $14.99, and the macOS version is $24.99. Trial versions are available for all devices.
Banktivity.com is an affordable personal finance management software for Mac and iOS users. Its many features and settings will suit a variety of users, and new features are always being added.
- Connect various financial accounts and neatly organize all of them with groups and sub-groups. It connects to 14,000+ banks all over the world.
- View your finances, create goals, and budget for every month in advance.
- You can use it to track your property value and investment portfolio.
- Apps on various devices sync with each other.
- You keep access to your data, even if you do not renew your subscription.
- No Android, Linux, and Windows versions.
- There is no monthly plan. You pay annually and in advance.
Best Suited for: Mac, iPad, and iPhone users.
Pricing: $49.99, $69.99 and $99.99 per year. 30-day free trial available.
Dollarbird is a calendar-based personal finance management tool and is great for families who want to work together on their budgets.
- You can add past, future, and recurring transactions to the calendar and track them.
- Built-in AI helps you categorize your transactions and finances.
- Calculates your balance daily and helps you assess your current and projected financial situation.
- Invite your family and financial advisors to collaborate on your calendar and plan the budget.
- Very affordable.
- The app is labor-intensive as you need to add your finances manually.
- Cannot set budgets.
- Customer service options are limited.
- The features are very basic.
Best Suited for: People looking for an easy, shareable, calendar-based personal finance tool.
Pricing: The Pro plan costs $4.99 per month or $39.99 per year. There’s also a Free plan and a Business plan.
Goodbudget is a budget tracking software for households. It helps you implement the envelope method. This is where you make envelopes for different categories such as groceries, bills, rent, and eating out. You then store money in the envelopes and spend it when the time comes.
- Software that makes it easy to implement the tried and true envelope method.
- Web, iOS, and Android versions.
- Spending information synced with family accounts.
- Free plan available
- It only suits people who want to use the envelope method to plan their budget.
- It’s not the best software for tracking spending.
- Features are limited.
Best Suited for: People who want electronic support for the envelope method.
Pricing: $7 per month or $60 annually. A free plan is available.
MoneyWiz is a popular and powerful money management tool that syncs with 40,000+ banks in 50+ countries. It also connects with software such as Plaid, Yodlee, and SaltEdge. It has many more features that help manage your finances better.
- Apps for iOS, macOS, Android, and PC.
- Sync transactions from all the banks, or add transactions manually.
- It supports all world currencies, including cryptocurrencies.
- Organize everything by grouping and setting colors.
- View the current and historical performance of your portfolio.
- Supports various budgeting styles, including the envelope method.
- The number of features can seem daunting to users who haven’t used a money management tool before.
Best Suited for: People looking for advanced money management software.
Pricing: One-week free trial. MoneyWiz 2021, for iOS and macOS, is $19.99 and $49.99 per year. MoneyWize 3, for iOS, MacOS, Android, and Windows PC is a one-time fee of $9.99 for mobile or $49.99 for desktop. A subscription (more features) is available for $49.99 per year. Standard subscription is $19.99 per year. Premium subscription is $4.99 per month or $49.99 per year.
Which Quicken Alternative is Your Favorite?
Regularly reflecting on your finances will require some time investment. But that short time you dedicate each week will help you organize your finances in the long run. It’ll make your life less stressful.
Therefore, make sure you sign up for free plans or trials for some of the Quicken alternatives listed above and test them out. Then pick your favorite and continue with the free plan or upgrade. Pay attention to the insights and plan and track your finances in the short run and for years from now.
Another wonderful income and expense tracker you might want to check out is iFinancer. You can get it on AppSumo for a one-time payment of just $19. We have many more useful tools in our store that can help with your finances and other aspects of your life. You can access them for free or for a one-time fee. Check out our store now!
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