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Old 01-11-2014, 11:09 AM   #41
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Originally Posted by NW-Bound View Post
....We use credit cards for 99% for our expenses (what we spend in cash is minuscule and not worthwhile to track), and Quicken can download all transactions off the banks, and automatically classifies the expenses for us. For example, it "knows" that what we spent at Safeway is for groceries, and at a Shell station is for gas. If I had to do it by hand, I would not track everything because it's too much work.

We also have several tIRAs, Roth IRAs, 401ks, and brokerage accounts, and as I hold individual stocks, the trouble Quicken or any other software for that matter saves me from having to enter in all the dividend payouts is worth the cost. And I love to be able to search up any expense I incurred, any check we wrote, or to call up the gain/loss and income from any account, or to look back at any stock transaction.

In other words, there are other software that can help minimize my data entry, and Quicken just happens to be the one I use. And I have to use one, in order to save me time to surf the Web.
+1 Virtually all of our bank, credit card and investment accounts are defined in Quicken and update automatically with One-Step Update so I can easily see where we stand financially. ATM withdrawals for cash get categorized to "Spending Money" and is only about 4% of our total spending.

The "service" I receive from the software is well worth the $20-25 annual cost even though there are aspects of the software that drive me crazy.
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Old 01-11-2014, 02:39 PM   #42
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Originally Posted by pb4uski View Post
+1 Virtually all of our bank, credit card and investment accounts are defined in Quicken and update automatically with One-Step Update so I can easily see where we stand financially. ATM withdrawals for cash get categorized to "Spending Money" and is only about 4% of our total spending.

The "service" I receive from the software is well worth the $20-25 annual cost even though there are aspects of the software that drive me crazy.
Well put.

I really don't understand people spending their time complaining about things they do not like. That statement is not limited to Quicken, BTW.
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