Better Budgeting Software: YNAB or Quicken?

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I lately received an e-mail from Reader Donald asking if I could do a immediate comparison in between You Need A Budget (YNAB) and Quicken. Getting lately used both to write a YNAB review and a Quicken 2010 review, I was familiar with both and could effortlessly share my ideas.

To add a small colour to the discussion, which I hope you’ll join in on, is that Donald does his taxes utilizing TurboTax and the potentially seamless integration of Quicken and TurboTax “hobbles” him from purchasing YNAB. Also, he has but to get benefit of the 7-day totally free trial of YNAB (no e-mail or registration needed for the trial, you can download the application here). Finally, he does all his banking with a regional credit score union in California and becoming in a position to pull banking records is an important feature.

Money Management vs. Budgeting

I have always seen Quicken as a complete scope money management application and YNAB as mainly a budgeting device. Quicken has introduced some budgeting features, this kind of as scheduling bills and billpay, but the strength of Quicken is in all aspects of money management – from banking to investments to credit score to long term preparing. Quicken does have budgeting features constructed in its Planning tabs, categorizing your investing and helping you review your cash movement. Nevertheless, ...

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1 comment - What do you think?   Posted by Robert Wilkinson - December 6, 2009 at 12:20 pm

Categories: Money  Tags: , , , , , , , , , ,

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