Cheap Microsoft Money Standard 2005 [Old Version] (Software) (Windows XP Home Edition) Price
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| PLATFORM: | Windows XP Home Edition |
| CATEGORY: | Software |
| MANUFACTURER: | Microsoft |
| FEATURES: | CD-ROM, Easy-to-use personal finance software, Automatically consolidates online financial information, Works with bank Web site to access account info, Create budgets; track expenses; pay bills online, View the big picture or quickly drill down to details |
| MEDIA: | DVD-ROM |
| MPN: | MSCD80983WI |
| # OF MEDIA: | 1 |
| UPC: | 805529809833 |
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Customer Reviews of Microsoft Money Standard 2005 [Old Version]
What a mistake I've wasted two hours so far trying to organize my investments. When I called my broker for help, they said "yeah, Microsoft Money is pretty notorious for being complicated. We recommend Quicken." I guess I should have called them first. <
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>I bought this product new, but there are absolutely no instructions so I'm flying blind. It's pretty ironic that software I buy to uncomplicate my finances is too complicated to set up. <
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>I "only" wasted $10.99 on this, fortunately. Unless you're well-acquainted with this software before you buy, I'd avoid it.
Why can't I change Category Groups?
I'm a single woman with two dogs. I spend quite a bit on their food, vet bills, walkers, etc. There is no category group for pets. I could put them in the "other expenses" category group, but I found this category group wall taking up about 30% of my total spending because I also have to shove so many other areas of my life into it.
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>I can't delete alimony as a category group. I don't pay alimony or receive it, so it's a totally wasted category group. I now use it to record all gifts. But I cant't change its name... I just have to remember that alimoney = gifts.
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>The pet expenses? Now I record them under "childcare." It makes me feel a little pathetic - like those women in commercials who put on romantic music and light candles to feed their cat out of a crystal bowl. But, until Money gets its act together, that's what I'm stuck with.
A disaster
I started using this product because Quicken abruptly dropped support for the qif file format, which was my only choice for downloads at the time from my CU. What a mistake. Six months later I'm back with Quicken (fortunately the CU added Quicken web connect format).
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>The biggest problems with Money seem to be with the MSN Bill Pay service. You can look at you account balances in 3 ways, in Money, in the bill pay part of Money and online. The 3 views never agreed with each other.
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>I was never able to relate the MSN billpay online account to my checking account in the program. Tech support told me I had to transfer all entries in the checking account to the billpay account. That didn't work because of the size of the account. Plus I would have had to manually accept each of the transferred entries in the bill pay account. I gave up on that and decided to abandon the previous checking account and just start using the billpay account. However I could not delete entries placed in it from previous transactions downloaded from MSN billpay. Delete them and they show up again tomorrow. Entered offsetting transactions to account for the phantom entries. But then I tried downloading statements from the CU to the new account. No way. Money wanted to put them into the old account. Tech support told me that's just the way it is, can't be changed. And on and on and on. Anyone who says that this is a good product obviously hasn't used it very vigorously. Probably haven't used it with MSN Billpay. It's a disaster. Tech support is a disaster. And I'll bet 2006 has the same problems.