Updated September 17, 2020

Quicken Alternatives and Free Competitors

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Is there a good replacement for Quicken? Check out this list of best alternatives (including free options) to manage your money.

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Best Alternatives to Quicken:

Launched in 1983, Quicken is one of the oldest online budgeting programs on the market. But a slew of newer, cheaper programs now offer the same benefits and services.

If you're searching for a Quicken alternative, you've come to the right place. Keep reading to learn about the best money management software available today.

Top Alternatives to Quicken

Most budgeting programs are now online-based, which means anyone can access and use them on any browser. However, some still have more functionality on certain platforms than on others.

Is there a free program like Quicken?
Personal Capital and Mint are your best options if you're looking for a free Quicken alternative. You can link and monitor all your financial accounts. Mint even provides your credit score for free.

Pocketsmith, PocketGuard, and Goodbudget also offer free versions of their personal finance software. But to get all the features, you'll have to pay. Keep reading to learn how they stack up and what rates each app charges.

Best Alternative for Online: Personal Capital

Pros

  • Base service with most features is completely free
  • Shows credit, bank, and investing accounts
  • Features retirement goal setting

Cons

  • No budget creating option
  • No manual transaction entries
  • No tax reporting

Like Quicken, the web-based Personal Capital allows you to link all of your financial accounts, including bank accounts, loans, investments, and credit cards.

Personal Capital rates well with people looking for a full picture of their finances rather than setting up a budget. But it will track your spending patterns and categorize them as Quicken does. But you can't create budgets for your spending categories.

Personal Capital really excels in investment tracking. Besides from just giving you a portfolio overview, it also offers free personalized advice. It analyzes your current investment strategy and suggests how you can rebalance your portfolio to better suit your goals.

It also has an advanced retirement planner. You can see your projected portfolio values at different ages and projected monthly retirement income.

Personal Capital is a good free alternative to Quicken. The money management tools are free.

Personal Capital has 24/7 customer support via phone or email compared to Quicken's limited live chat service, which is only available from 9 a.m. to 5 p.m. Monday through Friday.

Who Should Use It

  • Investors who want a detailed overview of their accounts
  • Retirement planners

Best Free Alternative: Mint

Pros

  • Free to use
  • Tracks spending and monthly payments to create a budget
  • Create goals and track savings progress
  • Credit score monitor

Cons

  • Often experiences errors keeping accounts linked
  • Investment tracking features are limited
  • No retirement planning

Mint is a great free alternative if you're looking for custom budget creation. You link up your financial accounts to track all individual transactions. You can create a budget for each category and Mint will track your spending automatically.

Unlike Quicken, Mint doesn't offer bill pay through the app itself. But Mint will help you keep track of your bills and encourage you to save. Plus, you'll receive alerts if your funds are low.

Mint's investment tracking feature is not as comprehensive as Quicken's extensive investing tools. It only shows your overall portfolio performance. Mint isn't robust enough to provide portfolio analysis.

Is Intuit Mint really free?
Yes! Mint is 100% free to use. Mint doesn't make money by charging monthly or annual rates for their service. Instead, they collect revenue by referring you to financial institutions and credit card promotions. For example, if you sign up for a credit card using a link on Mint's website or mobile app, Mint receives money from that company.

Who Should Use It

  • People looking for a free budgeting app
  • Those wanting a complete overview of their finances

Best for Mac: Banktivity

Courtesy of Banktivity

Pros

  • Made for and syncs with all of your Apple devices
  • Offers bill pay
  • Provides investment tracking
  • Supports multiple currencies
  • Costs only a one-time payment for base app

Cons

  • Requires additional yearly payment for Direct Access account syncing
  • Only works on newer Macs

Banktivity is only available on Apple devices running at least Sierra 10.12. It syncs across all of your linked devices and stores your data in the cloud.

The program is meant to be as comprehensive as Quicken. It offers a look at all of your investments and spending at once, though you do have to organize each charge into its own category manually.

Banktivity automatically generates suggested budgets based on how you categorize your finances. You can also pay your bills within the app. Plus, all currencies are supported.

A one-time purchase of $69.99 nets you the base program for life. But if you want your accounts to sync automatically, you'll need to pay an additional $44.99 every year.

You can get a free 30-day trial of Banktivity without entering any credit card data.

Who Should Use It

  • Mac users who want a fully-integrated software and don't mind paying higher rates for it
  • Mac users who want to pay credit cards and other bills via their budgeting app

Quicken Alternatives for Windows: Every platform (except for Banktivity) that is listed in this article is compatible with Windows computers. Most are online-based, meaning you can access them from your internet browser instead of having to download a separate program.

Best for Budgeting and Saving: You Need a Budget

Courtesy of YNAB

Pros

  • Simple interface makes getting started easy
  • Teaches you to save and live on last month's income
  • Free 34-day trial
  • Gives you access to wealth of resources

Cons

  • Costs $6.99 per month
  • No real time investment tracking

You Need a Budget (YNAB) focuses purely on budgeting. It uses a strategy called "zero-sum budgeting." Every cent you earn must have a plan, whether it goes toward groceries, rent, or savings.

YNAB also helps you plan for big expenses ahead of time so that you have enough saved when it comes.

The app's budgeting plan holds you more accountable than Quicken's software. If you overspend, you'll receive an alert. The app will help you adjust your budget by moving over money from another category.

YNAB also offers financial tools, such as daily webinars, to get you comfortable handling your own money. The service offers an easier introduction into the world of budgeting than Quicken.

The first 34 days of YNAB are free. After that, you'll pay monthly rates of $6.99.

Who Should Use It

  • People who have trouble saving
  • Those serious about making changes and cuts to their budget

Best for Financial Guidance: EveryDollar

Credit: Everydollar

Pros

  • Easy to use interface
  • Zero-sum budgeting accounts for every dollar's use
  • Dave Ramsey's seven "baby steps" are built in
  • Free 15-day trial of paid version

Cons

  • Must manually enter transactions in free version
  • Paid version is expensive
  • No investment tracking

EveryDollar takes a "baby steps" approach to financial success using seven simple goals. If you're not sure where to start your personal finance journey, the app may provide the direction you need.

The seven steps are:

  • Save $1,000 for an emergency fund
  • Use the debt snowball method to pay off debt
  • Save up to six months of expenses in an emergency fund
  • Invest 15% of your income for retirement
  • Save for your child's college fund
  • Pay off your mortgage
  • Build wealth and give to charity

EveryDollar helps you figure out which step you're currently at. If you have leftover money, it will guide you to apply it towards the next step.

Since EveryDollar is solely focused on budgeting, it offers no investment tools. The personal finance app uses zero-sum budgeting to make you assign every dollar a category. It can feel restricting, depending on your current spending habits. But it can help you get a better handle on your spending.

The basic free version does not allow for automatic syncing. You must enter each individual transaction. If you want to link your accounts, you need to upgrade to the paid account for $99 per year.

Who Should Use It

  • People who want to curb their spending
  • Those looking to set itemize budget limits

Best for Retirement Planning: PocketSmith

Pros

  • Advanced tools show expected net worth years into the future
  • What if scenario simulator
  • Basic version is free to use
  • Can link to investing accounts
  • Creates budget calendar that syncs to personal online calendars

Cons

  • Most advanced tools only available at highest pay level, which is expensive compared to other apps
  • Free version requires manual transaction input

PocketSmith offers state-of-the-art financial tools. It focuses on "forecasting" based on current expenses, income, and spending habits. It can predict your account balances up to 30 years into the future.

Forecasts come in the form of a downloadable calendar that can sync up to Google, Android, and Apple devices.

A unique feature is the "what if" scenarios. You can test decisions to see how they would affect your finances. For example, you can see the impact an upcoming wedding will have on your finances and future plans.

The basic version of PocketSmith is free and offers 6 months' worth of financial projections. It does not include automatic account syncing. Paid versions of $9.95 or $19.95 per month grants access to up to 10 or 30 years of projections, respectively.

Who Should Use It

  • Budgeters planning their financial future

Best for Spreadsheet Lovers: Tiller

Credit: Tiller Money

Pros

  • Import financial information into Google Sheets and Excel
  • Customize spreadsheets to fit your needs
  • Shows daily feed of all transactions, spending, and balances

Cons

  • Does not support investment accounts
  • Spreadsheets can be confusing to newer budgeters
  • Costs $59 per year

Tiller Money is the ultimate budgeting service for those who love spreadsheets. The web-based program divides your finances into one of several budgeting templates. You can also create your own templates.

Tiller is simplistic and has an easier organization system than Quicken's multiple drop-down menus. Tiller concentrates on straightforward budgeting without the extra features of some other systems. It offers no investment account tracking.

The platform is free for the first 30 days and charges annual rates of $59 afterward.

Who Should Use It

  • Those who love using spreadsheets

Best for Simplified Budgeting: PocketGuard

screenshot of pocketguard

Pros

  • Can link to bank, credit card, loan, and investment accounts
  • Basic app is free to use
  • Automatically builds budget suggestion based on income, goals, and bills
  • Tells you how much is left "in your pocket"
  • Allows users to set spending limits

Cons

  • Only available as an app
  • Advice may be too simple for advanced users
  • Cash tracking and custom categories only available in paid plan
  • Only available in U.S. and Canada

PocketGuard allows you to plan monthly budgets by tracking spending and allotting money to bills. This program creates an actual spending limit for every category based on your previous transactions.

Quicken does not offer this feature, instead of relying on you to set your own monthly maximums.

PocketGuard also lets you set monthly sending notifications to stay on top of your money without having to open the app.

The basic account is completely free. A PocketGuard Plus account, which offers the ability to track cash spending and create custom spending categories, is $3.99 per month or $34.99 per year.

Who Should Use It

  • Anyone looking to simplify their monthly budget with straightforward tools

Best for Transferring Data from Quicken: CountAbout

Pros

  • Can import data from Quicken and Mint
  • Reflects all transactions, not just those already processed by the bank
  • Free 15-day trial

Cons

  • Only offers automated transaction syncing with premium paid service
  • No free account option
  • Does not offer investment tracking
  • Lacks advanced budgeting features

CountAbout is a basic budgeting tool that allows you to import data from Mint or Quicken. The basic account requires you to manually enter all of your financial transactions.

Just like Quicken, the paid version automatically syncs transactions across all of your linked accounts. But CountAbout shows even transactions that have not yet been processed.

A basic CountAbout account, which includes everything but automated account syncing, costs $9.99 per year. A premium account costs $39.99 per year, though the app does offer a free 15-day premium trial.

Who Should Use It

  • Those transitioning from Mint or Quicken who need to keep their old data

Best Non-Cloud Alternative: MoneyDance

Pros

  • In-app bill pay
  • Provides investment tracking
  • One-time payment
  • Locally-stored data keeps your data on one device

Cons

  • Difficult to import data from Quicken
  • Dashboard can feel overwhelming with too many tools at once

Unlike most other budgeting programs, MoneyDance doesn't upload your data. Your information is saved only to your hard drive—unless you choose to download the app to your phone or to sync to another computer.

The program offers advanced financial tracking and budgeting tools, such as graphing, constantly updating international currency conversion rates, and more. It also supports linking investment accounts. It also is one of the few budgeting apps that offer bill pay.

MoneyDance costs $49.99 once for lifetime access, not including updates. If you want a newer version of the program, you'll need to purchase MoneyDance again.

Who Should Use It

  • People who want to avoid uploading their financial data to the cloud

What is the best financial software for personal use?
It entirely depends on your needs and what kind of rates you're willing to pay. But Mint and Personal Capital are great options to start with. You can link all your accounts, view your credit score, and get professional financial advice.

Best for Groups and Households: Goodbudget

Pros

  • Uses zero-sum budgeting to account for every earned dollar
  • Envelope system can help you visualize your budget
  • Multiple users can access same budget

Cons

  • Free version only allows one synced financial account
  • No email customer support with free version

Goodbudget uses what it calls an "envelope system" to help you see how much money you spend on each expense. The system works similar to zero-sum budgeting: you allot a set amount of money to one "envelope."

The platform doesn't restrict you from spending if you go over your allotted amount, but it will send you a notification. Quicken, on the other hand, trusts you to create and track your own monthly allowances.

The basic version, which only allows one financial account, is free, while the paid version, which unlocks unlimited synced accounts and envelopes, costs $6 per month or $50 per year.

Goodbudget lets you share a budget with a roommate or spouse.

Who Should Use It

  • People who want to track spending in specific budget categories
  • Couples or roommates who split household expenses

Best for Budget and Expense Tracking: Wally

Pros

  • See 2 years of insights on your spending patterns
  • Take and upload photos of receipts and bills
  • Financial calendar of your past and upcoming transactions
  • All financial data can be exported

Cons

  • Only offers budgeting
  • Need to pay for extra features

In a field of flashy budgeting apps, Wally keeps it simple. They offer strictly budgeting and expense tracking. The app is available for iPhone and Android.

Wally lets you link to over 15,000 banks in 70 countries. It will auto sync and categorize your transactions for you, so you have real-time updates wherever you go.

Another cool feature is that you can create private groups to track joint finances with family or housemates. You can even upload shared documents like lease agreements and shopping lists.

The basic version of Wally is free. Premium features cost $5.99-$11/year. Or you can get all features for $24.99/year with Wally Gold membership.

Who Should Use It

  • People who want a simple expense tracking tool
  • Those sharing finances with family or friends

Is Quicken being discontinued?
Quicken has no current plans to permanently close its services, though they have been discontinuing some versions of their software after Intuit sold Quicken in 2016. Quicken encourages customers to use the most up-to-date software to make sure they can take advantage of the latest features and tools.

Best Open Source: Gnucash

Pros

  • Free and open-source
  • Offers investment tracking
  • Variety of financial reports
  • Based on professional accounting principles
  • Good for business finance management

Cons

  • Not ideal for beginners

If you're looking for an alternative to Quicken but aren't willing to give up the features that Quicken offered, Gnucash could be right for you.

Gnucash is a free, open-source program that uses double-entry accounting. This simply means that every transaction will affect two accounts, one that is debited and one that is credited.

In addition to budgeting, Gnucash also offers financial reporting and investment portfolio tracking. Whether you're looking to manage your personal financial goals or as a business, Gnucash has what you need.

Who Should Use It

  • People who want in-depth features
  • People who manage business finances
  • Linux users
  • Those comfortable with a steep learning curve

Best for Daily & Monthly Budgeting: Dollarbird

Pros

  • Offers free version and paid plans
  • All finance data can be exported
  • Can use on mobile and desktop
  • Cloud-based so you can access from anywhere

Cons

  • All transactions must be added manually
  • Limited capabilities in free version
  • No alerts or reminders function

Dollarbird is a calendar-based personal finance app that helps you manage your cash flow on a monthly and daily basis. While most apps organize expenses exclusively by category, it's not an ideal approach for everyone. If you have more irregular income or unpredictable expenses, Dollarbird could be perfect for you.

Dollarbird still lets you organize your expenses into categories, as well as monitor the typical monthly average you spend in each category. This lets you know if you're spending much more than normal on things like eating out, groceries or entertainment.

The main difference between Dollarbird and other personal finance apps is that Dollarbird does not connect to your bank accounts or credit cards. It's up to you to manually add your info and confirm the recurring transactions that Dollarbird's AI has learned to expect.

Who Should Use it

  • People who don't mind more manual work
  • People looking for day-to-day finance tracking
  • People hesitant to connect bank accounts

Best for Expats: MoneyWiz

Pros

  • Supports all world currencies
  • Set budget categories and track progress
  • Track investments, including forex and crypto
  • Manage upcoming bills and payments
  • Over 30 reports and forecasts

Cons

  • Not beginner friendly; may be overwhelming
  • No free account

MoneyWiz supports all global currencies, and you can sync 18,000 banks in over 70 countries. So it's a great choice for expats and frequent travelers.

You can link your financial accounts for automatic syncing. Or you can choose to manually enter transactions and import bank statements if you prefer not to link up.

One thing it does well is the investment tracking function. You can easily track stocks, forex, and cryptocurrencies. It even supports exchange transactions for forex & cryptos.

MoneyWiz costs $19.99 per year for the Standard subscription and $49.99 per year for Premium. The Premium subscription allows for automatic syncing of your financial accounts. There is a 1-week free trial.

Who Should Use it

  • Those who live in another country or have foreign accounts
  • Those who want to track crypto wallets

Best for Small Business Accounting: Quickbooks

Pros

  • Import income transactions straight from your merchant account
  • Create, send, and track invoices
  • Capture and save photos of receipts
  • Track sales and connect with your favorite POS
  • Integrates with hundreds of third-party apps

Cons

  • Learning curve for beginners; could be complicated for simpler businesses
  • Poor customer service

Quickbooks Online is a cloud-based accounting program for small businesses. You can link up your bank accounts and credit cards, as well as over 650 business apps (including Shopify, Square, PayPal, SOS inventory, and much more).

Since Quicken is primarily a personal finance software, its business management tools are more limited. You can track your business expenses, deductions, and create some tax reports. But anything more than that, you'll want something more robust.

Quickbooks Online offers more business-specific features such as invoicing, inventory management, sales tax tracking, bank reconciliation, employee time tracking, payroll (add-on feature), and more.

But Quickbooks is more expensive. It offers 4 pricing tiers starting at $15 per month.

Who Should Use It

  • Small business owners and freelancers

Common Quicken Complaints

Quicken has plenty of customer complaints, which may be the reason you're looking for an alternative. Some of the biggest concerns are:

  • Issues with Syncing
    The popular money management software allows you to link bank accounts, including credit cards, but many complain about accounts not syncing properly.

  • Poor Customer Service
    Many have complained about Quicken's customer service. If you want assistance from an actual human on the phone, you'll need to buy Quicken's Premier or Home & Business product.

  • Desktop Software Required for Mobile Access
    You can only use their mobile app if you already have a regular Quicken desktop account. This is unlike other personal finance software that lets you operate exclusively from a mobile phone or tablet.

  • Not Sure How Long It'll Be Around
    Quicken, once considered an innovative personal finance software, has been overshadowed by newer finance apps. Some versions of Quicken have even been discontinued, making the future of the program unclear.

What Experts Say

CreditDonkey assembled a panel of industry experts to answer readers' most pressing questions:

  • Why do people find it hard to stick to a budget?
  • Are paid budgeting apps worth the cost?
  • What should the average person look for in a budgeting app?
  • Should everyone be using a budgeting app or other type of budgeting service?

Here's what they said:

Bottom Line

Budgeting is a crucial step for those seeking financial freedom. Luckily, several apps and programs can help you build a budget that fits your lifestyle and preferences.

Most of the programs on the list offer a free trial period. Take advantage to test out their service before you commit.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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Online Budgeting Tools

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