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Computerized Investing > January/February 2005

Feature: Money 2005 Premium Vs. Quicken 2005 Premier

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by Wayne A. Thorp, CFA

As the ball drops on 2004 and 2005 dawns, many of us resolve to take control of our finances, whether that means becoming better organized or trying to pare down our holiday shopping debt. Perhaps the biggest hurdle we face is figuring out what tools we need to do the job. This is where personal finance programs come in. These types of programs help users answer three financial questions: What do I have? How am I doing? and How can I do better? The two powerhouses in this area of software are Intuit and Microsoft and this comparison looks at the high-end offerings from both companies—Intuit’s Quicken 2005 Premier and Microsoft’s Money 2005 Premium.

We cover everything from the latest features both programs offer and their primary functionality to their companion Web sites. At the end of the article, we tabulate an overall winner based on a check-box scoring system. Points of functionality are graded with ease-of-use in mind.

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