Tax time usually means that I remember how much I wanted to organize my finances last year. I’ve used a nice little application called iBank from IGG Software. It has suited most of my needs over the past year and is about half the price of Quicken for the Mac. But this year I had the itch to see if I was missing anything by using independent software like iBank. I purchased Quicken 2007 from my local Apple store and got to work moving all my finances over from iBank.
The real drive for me was that Quicken claimed to be able to link up with my accounts online so that I didn’t have to remember to download my transactions. Well, guess what… no program will do that. Quicken does have one nice feature. It will import your bank info from the account activity. This means that if you import your activity from Wells Fargo, Quicken will recognize that the account is with Wells Fargo. It’s not really that big of a deal.
Both programs allow you to reconcile your account during import, both show all your assets and both show how you use your money. I really can not recommend Quicken over iBank. iBank does everything the average home user needs and you’ll keep some money in that bank account.