Manage updates with the Download AppPublisher's Description
From No Thirst Software:
Most financial packages focus on historic information. By the time users see what has been spent, it's too late to fix the problem. MoneyWell shows what's happening right now with innovative Spending Buckets that mimic the popular "envelope" cash flow management system and a Money Flow Graph all presenting real-time feedback. The user knows immediately when spending is getting out of hand by just glancing at the single-window interface. Other features include:
- Split transactions
- Memorized transactions
- Scheduled transactions
- Multiple currencies
- Exchange rate conversion
- Transaction and tax reports
- Spending plan w/cash flow management
- Single-click reconcile
- Income allocation w/prioritized buckets
- Click to filter graph
- Integrated search/filter
- OFX/QFX/QIF import
- QIF export
What's new in this version:
- Added support for OFX banking that requires CLIENTUID (15510 error)
- Added keyboard shortcut for toggling transaction lock
- Added context menu to Duplicates view
- Improved automatic transaction adding in Split Transaction Panel
- Changed Unlock Document panel to work better with the document window
- Changed the Account localized balance calculation to use the current balance times exchange rate
- Changed te... See all new features
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All versions:
4.5 starsout of 2 votes
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Current version:
4.0 starsout of 1 votes
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"The best I have found for the Mac (and PC!!)"
Version: MoneyWell 1.5.3
Pros
Very fast and easy to use. Simple, single screen views. Easy to tell how you are doing against plan. Automatic downloads from my credit union, credit card company. GREAT support directly from the developer.
Cons
While not a big deal for me, some may want extensive investment capabilities, which MoneyWell does not have. I used to do that but found I was spending a lot of time managing the data when I can get it all online anyway so I don't miss this.
Summary
Think about the envelope system. You spend until the envelope is empty. If you don't spend all the money in the envelope in a month, you can either carry it over to the next month or spend it on something else (move it to another envelope). This system works the same basic way and it works great. I used Quicken on a PC from 1991 until 2009. I got so sick of Quicken's non-existent technical support and the Mac version is reportedly awful. I looked at all the major Mac alternatives and settled on Moneywell. I actually enjoy using this program. That says a lot since tracking money is not my favorite past time. It takes a little time to set it up but my Quicken data imported quite well. Take the time to check out MoneyWell. Watch the short tutorials on the web site to get a feel for it and read the knowledge base and some of the discussions. You'll get a good feel for it that way. Plus, you'll get a sense of just how good the support is from the developer.
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