Quicken?

iVillage Member
Registered: 10-12-2005
Quicken?
2
Tue, 02-28-2006 - 3:53pm
What are the benefits of using Quicken? What does it do for you?
iVillage Member
Registered: 06-18-2004
In reply to: kygirl79
Tue, 02-28-2006 - 6:31pm

Quicken allows you to track your expenses and your debt and even investment accounts. We have our checking, savings, credit card and auto loan accounts set up in Quicken. We also have a full inventory of everything in our house (great in case we have to file a claim against our insurance).

The biggest benefit for me, though, is that it takes about 10 minutes to reconcile our checking account. And it balances it to the penny. I am so used to Quicken that I can't remember how to reconcile our accounts with a pen and paper anymore!

You can also develop diffent plans with Quicken. For instance, you can put all of your debt accounts into the debt reduction planner, along with the interest rates and current payments and it will tell you exactly how long it will take to be debt free.

HTH,
Kellie

iVillage Member
Registered: 12-05-2004
In reply to: kygirl79
Tue, 02-28-2006 - 8:57pm

For me, it provides an easy way to balance all of my accounts. I can download the information directly from my bank, from my stock broker, from my credit card, and be able to see it, reconcile it, and even pull up graphs and charts showing how much work I've done and how much I have left to do. It makes banking fun, compared to just waiting for my paper statements to arrive each month.

And it also provies peace of mind, for me, to know that by using Quicken, my husband will have easy access to all our information and balances, and I will never be able to return to my old hidden-debt ways. :-D