Switching to Quicken for Mac FROM YNAB

Anybody have any experience doing this? I do NOT need a full fledge envelope budgeting system anymore.

 

What I would like from Quicken for Mac is:

1) How to tell when I have extra money? My first inclination is just look at Income-Expense cash flow reporting for a month or longer....

2) Does Quicken for Mac have Annual Budgeting where I can see all 12 months in a year a head of time? Budgeting for the year alleviates 90% of what YNAB was doing.

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  • I was using quicken for Mac on a trial basis for the best 2-3 weeks but ended up choosing Banktivity instead. 
     

    The two big deciding factors for me is that quicken still doesn’t have a good way of accessing your budget or file from multiple devices. They actually advise against it due to possibility of data corruption. The only other option is to use Quicken For Web as a companion app to the main desktop app which lacks a ton of features. 

    the other feature for me is envelope budgeting which you said isn’t a priority but I’ve gotten so used to it that when I went back to quicken it just didn’t have the same intuitive feel. I felt more disconnected to my budget and didn’t really have a great way of knowing how much I would have for each of my larger annual expenses in the future.  This would be resolved if they added the savings goals feature that Windows has but it’s not at feature parity yet. 

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      • llbean
      • llbean
      • 1 mth ago
      • Reported - view

      Khaki Sander 

      We've been envelope budgeting for almost 20 years so I agree with you about the need for a savings goal. It feels a lot like learning to write with your non-dominant hand.

      We've realized that we only have 1 to 3 really big savings goals (car/home improvement, etc), and those can just get their own dedicated savings account. Everything else can just be budgeted over a 12 month period and monitored.

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    • llbean I completely agree about your approach in that you don't need envelope budgeting to cover 3 simply savings goals. We are very much in the same situation where our disposable income covers pretty much all of our expenses as they come up with a relative large surplus each month.

      Quite honestly, the main thing that kept me from keeping Quicken is the fact I couldn't access it easily from multiple devices. You'd have to setup remote access, keep one of the computers on at all times OR settle for the Quicken For Web which lacks a great deal of functionality and has a track record of its own in terms of data corruption.

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  • I don't know about the Mac version, but I switched to YNAB from Windows Quicken two years ago. Never looked back.

    I had used Quicken for literally decades. I should have made the switch sooner. It is a horrible system with awful support, but I felt trapped. I eventually investigated the alternatives (e.g., Mint) weren't much better or had their own problems. I had discounted YNAB because of the marketing (I'm not their target demographic).

    Now I run our personal finances and three businesses across five budgets on YNAB.

    I now also use other Intuit products: Quickbooks for one business and TurboTax for our personal taxes and one business. I am actively looking for alternatives. The software reflects organization-wide problems.

    I cannot advise strongly enough against using Quicken or any other Intuit product. Especially Quicken. If YNAB isn't working for you, I would look elsewhere. But not Quicken. It is horrible horrible bad bad bad.

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      • Annieland
      • I was told there would be no math.
      • Annieland
      • 1 mth ago
      • Reported - view

      Beanorama Quicken isn’t even owned by Intuit anymore, by the way. From a Mac perspective, it’s a nightmare and always has been. Looks like its successive owners have continued to ignore Mac users. Can’t speak to Windows, but just clarifying the company has changed hands twice now since Intuit. 

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