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A sad day for Microsoft Money users like me

June 11th, 2009 at 04:52 am

Well as some of you probably know Microsoft has decided to discontinue the Microsoft Money software package. In an effort to cut costs up in Redmond they are doing away with certain software suites that they feel aren't as useful as they once were (like Encarta and Money) and software they haven't fully developed (like OneCare Antivirus.)

To me as a user of Money since March of 2000 this is a really dark day. In the past nine years I have purchased six different versions of the software and actually still have most of the versions on CD in my possession. The latest of which (Microsoft Money Plus Premium) I really enjoyed using and customizing to work best with what I need to get out of a comprehensive personal finance software suite. I really wish Redmond would reconsider the decision and plan on writing a letter stating my feelings but I know it will not do a lot of good.

I have dabbled in alternatives (Quicken being the obvious one, Mint, YNAB, etc.) and none of them really met my needs like Money did. Money was simple where it needed to be and was more complex where I wanted it to be (like with reporting) and that mix really made it fun to manipulate all of my numbers to play out different "what if" scenarios and things like that. Money's inventory module made me think and actually go room by room to track what we owned and made it easy to attach pictures to those lists. I use it daily (multiple times a day in fact) and have never had system problems or corruption of my data (something I've heard Quicken users really fight with right now.)

So now that I've rambled on about Money I wonder if there are others like me out there who are dismayed about this announcement and really will miss the product that we all "grew up with" over the years. It really is a sad day.

FYI you will have two years from the day you activated the Money Plus software packages to still get online updates to your accounts but after Jan 31, 2011 everyone's online access will be shut down. You can still manually update the software yourself beyond that date but you will not be able to use any of the online features. If you have a Money Plus software package and want to know when your copy will cease to work online click on Help and About Microsoft Money and you'll see the date there.

Frown

2 Responses to “A sad day for Microsoft Money users like me”

  1. Broken Arrow Says:

    I just caught this news as well.

    Sorry to hear that. I hope you can find a suitable alternative soon.

  2. whitestripe Says:

    i just cant fathom how they deem a money management software as not useful??? especially in 'these days'.

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