I’m rather certain that designation is not earned so much for the feature list and capabilities at managing your money, as it is for the Quicken name. Many Mac users continue to have a bad taste about Quicken, thanks to Intuit’s on-again, off-again, maybe back-on-again relationship to the Mac.
Now that Mac and PC sales are actually dropping maybe it’s time to look at some alternatives. Here’s one that’s been around a few years, comes with more features than most of us truly need, and has the most memorable name.
Over the past two years, as I’ve weened myself off Quicken, nearly a dozen money management app Quicken-wannabes have crossed my Mac’s screen.
Money isn’t the best when it comes to features, but it’s intuitive and has more than basics to justify the price. As is the case with most of the better Mac money apps, Money tracks income and expenses, handle multiple currency, sets up appropriate categories, and can even print checks.
Money is smart enough to create multiple budgets, and it handles a variety of budget periods, including recurring budgets. Each transaction can have notes and attachments (trust me, that helps at the end of the year).
There’s a built-in smart scheduler to plan expenses, income, and money transfers between accounts. You can setup recurring transactions, and– drum roll here– get reminders about upcoming transactions, and automatically pay bills.
Money’s reports are easy to generate, though not as detailed as I like. Report parameters are easily modified, though, with plenty of options to generate classy bar and pie charts. Reports can be printed, saved as PDFs, and emailed.
Here’s what makes Money worthy for Mac users who see the handwriting on the wall– mobile. There’s a Money version for iPhone and iPad, and– another drum roll here– it features multiple user options and is password protected.
More and more I find my Mac is my backup for apps that I use almost exclusively on the iPhone or iPad. Money simple extends that trend.