Quicken Welcomes New Users to Its Personal Finance Product Suite (2024)

FAQs

Is Quicken an example of personal finance software? ›

Quicken Deluxe

Quicken has been helping people track their income and expenses for decades. It's evolved into the most feature-rich personal finance application available today.

In 2021 Quicken was sold to Aquiline Capital Partners by H.I.G Capital, who purchased it in 2016.

Quicken has much more functionality and can grow with you over time. It's also better than Mint if you're a small business owner or are managing rental properties.

The app offers users a customizable way to manage finances, save money, track spending, pay bills, and much more. Over 20 million people have turned to Quicken to track their budgets and grow their money over the past four decades.

Overall, Quicken is a powerful and robust tool for managing your finances. If you want to understand your money and plan for the future, Quicken might be the right fit for you. With that being said, our verdict is that Quicken is likely to be the best fit only for entrepreneurs, small businesses, and the self-employed.

Quicken and QuickBooks are different software programs with completely different features and operations. Quicken is more focused on maintaining personal finances for the user. On the other hand, QuickBooks aims to support the complex accounting needs of SMBs and Enterprises.

After your Quicken Membership expires, you will no longer receive updates to the Quicken application. However, you may continue to use the version of Quicken you had at the time your Membership expired to open your data files and, for Quicken Deluxe and above, continue to use Quicken in a manual mode.

No. Quicken doesn't offer a perpetual license. I suppose that is because it is a consumer / retail program. You'll need to renew your subscription every year (although from time to time I believe that they offer subscriptions that may run longer than a year, but none are perpetual.

if your subscription expired before that new update, you won't be able to open your Quicken file. Not to worry, you can still use the version of Quicken you had at the time your Membership expired to open your data files and, for Quicken Deluxe and above, continue to use Quicken in a manual mode.

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

Is Mint going away in 2024? ›

Intuit Inc. announced that it will shut down Mint on March 23, 2024. The company's decision to discontinue the popular budgeting app could leave millions of users scrambling to find a replacement. Here's what the news means for consumers and what to consider when choosing a new budgeting service.

Intuit, the owner of widely used financial software applications like TurboTax, bought Mint in 2009 from its founder for $170 million. At the time of the acquisition, Mint, which had been privately held, had 1.5 million users tracking nearly $50 billion in assets and $200 billion in transactions.

“Quicken is a desktop-centric business and it doesn't strengthen the small business or tax ecosystems,” said chief executive Brad Smith in a conference call with Wall Street last year. “Our strategy is focused on building ecosystems and platforms in the cloud.”

As of January 2024 there are no plans to phase out Quicken. It has been operating since 1984 and was sold to Aquiline Capital Partners in 2021.

Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G.

Quicken is the best-selling and most comprehensive personal finance software in the US.

Quicken tracks your account balances, transactions, investments, personal budgeting, loans, and any other part of your personal financial life.

Personal finance software can be used to track spending, create budgets, and plan for future expenses. Some software differs by feature support, software code and development transparency, mobile app features, import methods, Monetization model, privacy and data storage practices.

Yes, you can use the same QuickBooks account to manage your business and personal finances.