Is quicken.com software worth the money for small business personal entrepreneur?
I signed up for a year worth of using Quicken.com to manage my finance. To me I don’t think it’s useful because mainly not all bank allow direct connection from quicken to extract the data. My bank and I have few, only 1 bank allow direct connection. For example my Key bank does not allow connection to quicken.com for free to extract the data. Key bank would charge me a fee like $5 a month for this service and some other banks does the same.
Quicken is useful if you have banks and all your banks allow connection directly from quicken.com to extract the data frequently. It’s a waste of time if I have to download it manually, it’s a waste of money if I have to pay monthly fees for bank to allow connection from quicken.com
Quicken is useful to analyze the in and out of your money only if you buy everything using the bank you’re connecting to quicken. For example if you’re spending cash or some service like mom and pop store that don’t have connection with quicken and no way for automatic extract then your money cannot be seen in quicken, you would need to manually enter and I think it’s a waste of time.