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Mint Which Money App is Best How Moneydance handles credit cards Just like your bank account, you can link your credit cards to keep track of your transactions with a description, category, amount, and date.

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Moneydance is a personal finance software that feels really similar to Quicken, but it offers strong tools and features that function exactly the same for both Mac and PC users.

Honestly, I cant tell you how many Mac users Ive talked to that have complained about Quicken.

Its maintained well, updated regularly, and has a variety of features for nearly every facet of your financial life.

In this Moneydance review, youll learn what Moneydance is, all about its features, cost, and the pros and cons.

Quick Links Moneydance Review 2020 What is Moneydance Top Moneydance features Online banking Moneydance Dashboard How Moneydance handles credit cards Graphing and reports Account registers Bill Pay on Moneydance Moneydance reminders Investment tracking Moneydances mobile app Developers resources Moneydance support How much does Moneydance cost Pros and cons of using Moneydance The final word in the MM Moneydance review Moneydance Review 2020 What is Moneydance Moneydance was first released in 1997 thats over 20 years old.

Since then, its gone through numerous updates and releases so users can take advantage of a growing list of features, including bill payment, budgeting, and investment tracking.

Its local software, so not cloud-based, which is good for anyone who is concerned about data breaches.

Its also not subscription-based, which is pretty different than what other paid personal finance apps are currently offering.

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You pay a one-time fee for Moneydance, have free access to the next updated version, and then receive a discount on future software updates.

One more important thing to note before getting deeper into this Moneydance review Moneydance has a pretty old school look.

Dont get me wrong, it runs quickly and smoothly, but it doesnt look as modern as apps like Mint or YNAB.

I dont think this is going to be a major selling point for people, but its worth mentioning.

Related: Mint vs.

Access Online Bank Accounts For Both And Pc Quicken Download And Sync

YNAB Which Budgeting App is Best Top Moneydance features Online banking With Moneydance, you can enter transactions manually or you can link your accounts and let the app download and sync transactions for you.

To categorize synced transactions, you will need to click on the transaction and confirm the download, which includes a categorization step.

Once youve been using the software for a little while, Moneydance learns how you categorize transactions and starts doing it automatically.

While it might seem like some work to click on individual transactions, Moneydance learns how to do it pretty quickly.

And because you can link all of your accounts to Moneydance, you are saving time by not having to log in to each account separately you can use Moneydance to keep track of everything in one place.

When you click on an account in that list, you are taken to the accounts register, and this is where you can enter and reconcile transactions.

The Moneydance dashboard is set up really similar to other personal finance apps, like Quicken and even Personal Capital.

One thing I like about the Moneydance dashboard is that at the very top of your screen, you have a visual reminder of your budget that shows your income vs.

Access Online Bank Accounts For Both Mac And Pc Quicken