Quicken 2019 Review | Is it Worth the Price?

Review of: Quicken

Reviewed by:
On February 9, 2018
Last modified:March 19, 2019


With Mobile App, Alerts and A+ Functionality - Quicken is the best known personal finance software.

Quicken is the best known personal finance software. Best is it the best? We put it to the test in our Quicken 2019 Review.

Here, we’ll walk through the general pros and cons of Quicken, who its best for, costs, new features, add-ons and a walk-through of features for Quicken 2019.

quicken review

Quicken is one of the big names in the world of personal finance, partially because it’s been around for so long. Quicken was first released in 1983. Its first version ran on DOS! So it’s something of a dinosaur among budgeting apps. With that said, Quicken still has a lot going for it, though it’s not the right financial management tool for everyone.

Pros and Cons of Quicken

With a tool that’s been around since the 80’s, there’s a lot to love and a lot to dislike. Quicken definitely has its quirks, and it’s not a great fit for everyone. But it also has some great things that long-time users absolutely love. Here’s a quick list of pros and cons to consider.

Quicken Pros

  • Doesn’t have to sync directly with your bank. If you don’t like the idea of a budgeting tool connecting directly with your bank accounts, Quicken doesn’t have to. It can. But you can also manually enter transactions. Or you can download a Quicken or CSV file of transactions from your bank. Then you can upload them to Quicken in just a few seconds.
  • Easy-to-use visuals. I don’t find Quicken’s visuals to be the most appealing in the world of budgeting tools. But they’re not terrible. You can get a quick breakdown of where you are on your monthly budget categories, where you spend most of your money, and more.
  • Total control over both budget and investment data. Many other tools, such as Mint and Personal Capital, are more focused on either budgeting (Mint) or investing (Personal Capital). With the right version of Quicken, you can get a robust management option for both.
  • Debt reduction tools built in. Trying to get out of debt? Quicken has built-in tools for reducing your debt. It will let you project out the impact of extra debt payments, including how much you’ll save in interest.
  • Bill tracking and reminders. You probably already get bill reminders from many of your credit card and utilities companies. But you can move them all into the same interface with Quicken. It will also help you find your bills when you set up your account.
  • Projected balances based on upcoming bills. One of the cool things about putting in your bills with Quicken is that it lets you figure out how much money you will have in the future, based on your upcoming bills.
  • Automatic net worth tracking. If tracking your net worth is important to you (and it should be!), Quicken makes it easy. You’ll actually get a net worth calculation on the sidebar that changes any time you make changes or import new transactions.
  • Mobile app with alerts. Quicken also offers a mobile app. It’s not the slickest one in the bunch. But it will let you enter transactions and check out your accounts on the go.

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Quicken Cons

  • Relatively high costs compared with some tools. Quicken is pretty similar to Intuit’s free tool, Mint.com. It’s basically a more robust version. But it costs anywhere from $40 to $80+ per year, depending on which version you buy and whether or not you get a discount.
  • Doesn’t sync with all banks easily. I had trouble syncing Quicken with my Huntington National Bank checking account. I’ve had trouble with Huntington with other tools, as well, just for full disclosure. But the problem with Quicken is that you have to purchase it before you can try to sync it with an account. So you may want to dig around online to be sure it’ll work with your bank if syncing transactions is important to you.
  • Can be overwhelming to begin using. Probably the biggest issue for new Quicken users is sheer overwhelm. It includes a lot of different tools and information. Getting it set up can take a while, and learning to use it efficiently can take even longer. If you want a full picture of your finances, this can be worth your time. But if you just want to spend ten minutes a week tracking your budget, it’s probably not your best bet.
  • Not as smooth as some interfaces. Quicken has always left something to be desired with its interface, I think. It’s just not as pretty or as intuitive as some budget tool interfaces. With that said, it’s gotten better since I first started reviewing it. It’s cleaner and more intuitive now than it used to be.
  • Not available on the cloud. Perhaps the biggest drawback for me as an on-the-go Millennial with several different devices is that Quicken has to be installed on my computer. So I can only fully access it in one place, unless I install the software on multiple computers. This can get frustrating. Frankly, I’d rather use a tool I can access from anywhere with an internet connection. With that said, it could be nice that you don’t have to be connected to the internet to perform some tasks on Quicken. However, if this is a deal-breaker for you, there is another personal finance software option we can point you to. Take a look at our PocketSmith Review and see if this might be a better fit. It’s a cloud-based budgeting tool with great features including the ability to forecast your money, connect to your bank, investment accounts, loans and credit cards, and calculate your net worth. PocketSmith offers a couple of different pricing options and even a free version if you want to give it a try.

Who is Quicken For?

Now that you know the basic pros and cons of Quicken, you might already have figured out whether or not it’s for you. But here are some people I think might benefit most from Quicken.

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The Detail-Oriented

If you really want visibility into every aspect of your financial life all in one place, Quicken may be the best tool for you. Yes, other budget and investment tracking tools have similar functions. But few have the available tools for debt payoff, balance projections, and long-term planning that Quicken offers.

As a detail-oriented person, you may be likely to spend time digging into what Quicken offers. And this may make it worth your while. Once you get your systems in place and start using this tool, it will provide you with details on the minutia of your entire financial life.

Business Owners

Of course, Quicken is still a go-to for business owners. Even larger businesses and nonprofits use their robust tools for managing the business budget.

But I think it’s the ideal tool for small business owners and entrepreneurs. That’s because it can simultaneously track your business finances and your personal finances. It’ll keep things separate for you, but you can use the same tool to do both. And that could save you time and headache in the long term.

Investors who Budget

As I’ve mentioned before in this review, many other tools focus on either investing or budgeting. Personal Capital is an excellent tool if you want a detailed view of your investments and a sky-level view of your spending. You can certainly use it for a more detailed budget, but it’s not built for that as much. Mint, on the other hand, will track your investments. But it gives you a detailed budget and an overview of your investments.

Quicken combines detailed budgeting and detailed investing, so that you get both in one tool. So if you’re an investor but you also prefer to operate with a detailed budget, Quicken might be the tool for you.

Those With Security Concerns

Increasingly, budgeting and investing tools sync directly with bank and investment accounts and store data in the cloud. Quicken can be set up to do neither. It can live exclusively on your desktop. And you can pull in data manually or with downloaded transaction logs from your bank.

If you’re concerned about the security of other systems, Quicken can give you the financial management tools you need while allaying some of your security concerns.

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Quicken 2019 Features

Quicken comes out with a new version each year. You can upgrade your older version, or you can just get started with the latest version. Here’s what you’ll find with Quicken 2018.

New Features and Costs for 2019

One of the biggest new features for 2019 is Quicken’s expanded Mac options. For the first time, Mac users can decide between different products based on what suits their needs. Overall, Quicken is supposed to just work better for Macs than it has in the past. Here are a couple of other new features:

  • Membership Based Program: Instead of purchasing an upgrade every year, Quicken members pay an annual fee and automatically get upgraded each time a new version rolls out.
  • Online Billing Access: Quicken now integrates with more than 11,000 billers, and it lets you download PDF copies of your bills right to Quicken. You can even track and pay bills from Quicken.
  • Direct Report to Excel: If you want to track your budget and financial performance over time in Excel, Quicken can now directly export reports to this program.
  • Better Investment Analysis: This feature is constantly being improved, and it’s supposed to be even better for 2018.
  • Dropbox Partnership: All new users will get an extra 5GB of data from Dropbox to back up their Quicken data.

Those are the new and updated features you can expect with the latest version of Quicken. So what does it actually look like and do? I imported a few weeks’ worth of transactions to give you a quick walk-through of the latest interface.


The first tab on your Quicken interface is the Home tab. This gives you a quick summary of your current financial situation. The good news is that you can customize this screen. You can show your spending first or prioritize your investments. It’s completely up to you.

When you start up Quicken, the home screen will give you different quick-start options, as you’ll see below. You can see that Quicken wants me to set up my bills in the system. And as you’re getting started, you can use the built-in wizards to walk through these processes step by step.

The Customize button lets you choose exactly what appears on your home screen and in what order:

From the Home screen and every other screen, you’ll see the navigation bar on the top and one on the left. The bar on the left includes your current net worth at the bottom.

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The second tab is where you’ll go to track your spending. Quicken will automatically break down imported transactions into categories. But you can always recategorize transactions. You can also change the categories here, depending on how your budget breaks down.

One of the nice things about this screen is that you can look at spending in different chunks. The drop-down menus at the top let you look at spending only from certain accounts, or from certain periods of time. So you can see what categories you spend on from your checking account versus your credit card, for instance.

Keep in mind that this data could be totally inaccurate as it comes in. Quicken will alert you when there are uncategorized transactions. But you may want to double-check the categories of every transaction as it imports. Sometimes Quicken just guesses wrong, which can throw your percentages way off.

Bills and Income

This is probably the feature I like best about Quicken versus other budgeting options. You can sync it up with your billers, such as Verizon or AT&T. It takes some time to sync up with all your bills. But once you do, Quicken will put them into a calendar view. Then it’ll tell you what your account balances should be based on your upcoming bills.

You can do the same thing with planned income. If you have a salaried job with regular paychecks, tell the system when you’ll get paid and how much. Again, it uses this data to project out your account balances.

If you’d rather, or if your bill provider isn’t available, you can put in your bills manually. I can, for instance, put in how much we need to pay for daycare and when that’s due each month. Again, these future bills will show up on your calendar, and you’ll get a projected account balance based on your bills.

I had to fiddle around with this interface for a bit before I could figure out how to use it properly. But once you have it, syncing up your bills shouldn’t take all that long. It’s just a matter of making sure you put them all in so that your projected balance isn’t too far off.

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Once you put the bills in, you can mark them as paid as they get paid off. This will happen automatically if you’re synced to the biller.

Financial Planning

Quicken’s robust financial planning tool includes several options, such as budgeting, tax planning, and long-term planning.

I dug into the budgeting tool with Quicken. As with the rest of the software, this wasn’t the most intuitive budget builder I’ve ever used. You have to first create the budget and then use the “Budget Actions” tab to decide which categories to add. But they offer a bunch of categories, so you can create quite a detailed budget.

Once you add the categories, you have to edit them individually to change their amounts. It’s really kind of a pain.

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But here’s something I do like: you can decide at the beginning of the year how much to budget each month for each category. If you like planning way ahead, this is a great option. Not many online budgeting tools will let you plan an annual budget or plan so far into the future.

Quicken also includes on this tab is Debt Reduction calculator. This lets you keep track of your current debts and create a plan to pay them off. It helps you project out how much you need to pay towards your debts to get them paid off, and it’ll show you how much interest you can expect to pay over time.

The Savings Goals tab allows you to do the same thing except for savings. You can save for specific goals, such as an upcoming vacation or a new car. This section is meant for short- and mid-term goals. The investment tracking option is more for long-term goals like retirement and overall financial freedom.

Quicken also offers a Tax Center. You can input your tax information, and it will tell you your projected tax return or taxes due. You can also assign expenses to various tax categories. This is helpful if you’re a small business owner or if you run a side gig with tax-deductible expenses. You can also use it to track things like charitable donations.

The Lifetime Planner tool is, as you might guess, a big overview of your entire financial life. You have to first answer several questions, and then Quicken helps you project your finances out over years and decades. It’s a high-level tool that can be helpful for gaining some additional insight into your financial life.


If you’re already using Quicken, you should consider adding on some of its additional services. The most worthwhile are probably the bill paying services. This service is free for Premier and above users, or it costs $9.95 per month for others. It lets you pay your bills directly through Quicken. This can just make staying on top of your bills simpler.

Other services to consider include Quicken’s Social Security Optimizer and their premium support for Windows users. There may be other tools online that can replace these, though, so be sure you do your shopping around. You can also purchase the Quicken WillMaker tool through the program. I’ve reviewed this elsewhere and think it’s a reasonable service for those with simple wills.

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Other Features

Probably the best newer feature for Quicken is the ability to set up mobile accounts and get alerts. You can set up alerts for different account changes or upcoming bills, for instance. Most bank and investment accounts these days also let you set up alerts. But putting them all in one place might be helpful as you organize your financial life.

And, of course, Quicken provides lots of documentation and tutorials. It’s one of the longest-running financial management tools around. So you’d expect it to have plenty to say about how to manage your finances. In the “Tips & Tutorials” section, you can get information on Quicken, specifically, or broader information on getting out debt, setting savings goals, and more.

Not sure if Quicken is right for you? Check out these Quicken alternatives.

Quicken 2019

Quicken 2019

Budgeting Tools

9.5 /10

Investment Tracking

9.5 /10


9.0 /10

Added Features

9.5 /10


8.5 /10


  • Mobile App and Alerts
  • A+ Functionality
  • Easy to Use Net Worth Tracking


  • Tough to Sync with Banks
  • Higher Costs than Other Budget Software
Topics: Reviews

24 Responses to “Quicken 2019 Review | Is it Worth the Price?”

  1. Nicole Sullivan

    I have used Quicken for over 10 years and every year it seems the program gets worse. I used to be able to do one step updates on all my financial accounts, but now I get error messages for the majority of my accounts and the messages always point the finger at my financial institution. So now I have to go into each individual account online and download directly from the websites which works for some but not all of the accounts. For the price of a yearly membership, basic features like one step updates should function properly. I also should add that pulling reports and data for income and expenses seems very outdated and not user friendly. Half the time I can’t even view the drop down bar when I am trying to pull an EASY ANSWER report. There needs to be better functionality and more options that are easy to use when pulling the financial analytics.

  2. Peter Zorin

    Wow, Abby,
    You made my day. I have difficulties to connect with Quicken to Huntington Bank, as well. So, I am not alone. That bank, specifically its IT department performance projects incompetence. I have been their customer for 30+ years. In late 90ies, the bank was pioneer in online banking, but now its performance in that regard has significantly deteriorated. I am using Quicken for some 20+ years and consider it irreplaceable for me. I track with it my bank and investment accounts. With it, I can see all my finances within minutes.

    Thank you for your extensive article.

  3. I have been using Quicken for over 15 years because I don’t need a sophisticated program to keep track of my simple finances and decided to upgrade last year. I don’t sync and don’t own stocks, and I pay my bills on line through my bank.
    If you do not need the quicken online service and membership, DO NOT BUY this product. you will be held hostage. Once my free year expired, I got a large banner on my screen to “renew” and a third of the quicken screen on the right side is dedicated to demand the renewal of the subscription. There is no way to click cancel or do not renew to remove either the banner or the advertising. Basically Quicken Hijacks more than a third of your quicken screen permanently. I chatted with customer service only to confirm that this WILL NOT be removed, EVER….. unless you pay… and renew…
    I don’t understand how this makes sense but afterwards I went to the community board only to discover many complaints about the subject. Basically I have to downgrade to my old software or shop another product because this is blackmail. If you minimize your screen to work on quicken, it is not usable.
    Waste of money at a time when companies and products are competing for your business.

  4. Mike Craig

    I’ve used Quicken for 27 years. The early versions kept insisting I enter my banking information. I had and still have no need to balance my checking account. Nor do I need a budget tool. My budget has always been: 1. decide how much to save. 2. Spend the rest. If your primary need is to balance your check book and keep a budget sign up for Personal Capital or one of the other budget programs. If on the other hand you want detailed investment reports like internal rates of return then buy Quicken. I’ve looked at several alternatives to Quicken and none of them offer the analytical tools available in Quicken. Unfortunately Quicken support is piss poor although the users board is helpful. Many people have had BIG problems with Quicken. I’ve been lucky. I’ve had few problems. For me there is no close alternative to Quicken. If they go out out of business it will be a dark day for me.

  5. I’ve used Quicken forever and find it very intuitive and quite easy to set up. The only real problems I’ve had is that most of their reports and graphs in the Investment Center are garbage. For example a cash withdrawal is treated as a negative return on investment. I have one account that is showing a minus 1300% return and that is complete hogwash. Because I transferred cash out to another bank, it averages that into my return rates. Hey Quicken – Withdrawing cash is not a return on investment! The only support they seem to offer is to cut your database in half, and that never solves a thing it just makes you wish you hadn’t. Sort of like when your cell phone provider asks you to do a hard reset.

  6. Corleen K Stephan

    When log on web there is no information on how to down load e statement from bank account. Where the is saving account . Have checking but no saving on any account. . Do not like the 2017 quicken nor do I like the 2018 and trying to down certain features. e-statement and saving account

  7. Quickens new policy of requiring a yearly membership is a big ripoff for consumers. I used to be able to decide when I wanted to upgrade my current version of Quicken based on enhancements and features that were updated each year. Most of the time, I chose to upgrade every other year….just to stay current. Now they require you to upgrade every year or they turn off their banking and investment download feature…..meaning you have to manually download your information from your bank(s). Quicken has decided that more money takes precedent over making personal finances easier. I will be looking at other software options.

    • It is not a ripoff; it is a good deal compared to other subscription services, like YNAB ($7/month). Do you have any idea how costly it is to need to support three different versions of software simultaneously (previous model)? This model is much better because more of the $$$ goes to development of new features and better customer service.

      • Alfonso3485

        IT IS a rip-off. I have been a user since 1997 and switch to Premier as soon as it was available. For $79 or $99 approx. the customer will have access to download Bank and Investment info for 4 years (I would update every 4 years). Then it apparently change to just 3 years, cause I am being ask to renew for 2019. (currently use 2016). That was at most about $2.06 to $2.75 a month ($99/48, or $99/36). I do not care how much YNAB is. Nor how much it cost Quicken to support their previous model. If this new model implies less cost for Quicken, then some of it could be used to make their SW more competitive. Since I do not care for some of the new bundle functionality, from my point of view, they just increased my Premier version prices 2x / 3x more expencive. Only a person who is not a long term customer would argue is not a Rip-off.

    • I’m still using my version of Quicken 2016 and am able to download transactions for most banks (Schwab, Chase, Capital One) – just not for my Target Red Card.

  8. Jack Feder

    I have used this product for a couple of decades. They have added features, but changed the functionality a little. I can not switch as my data is captive, but after a recent upgrade, there were a few corruptions to my DATA! The opening balances were changed by the upgrade process. This is not acceptable and I only found out about it when I could no longer balance my accounts. Accounting software the corrupts data is less than worthless.
    Also, when I had problems with the automatic connection features, support wasted a day by being useless, telling me I had to reinstall everything etc. In the end, after escalation, it turned out they said they had trouble communication with some institutions, but they did not even notify their support people and the setup wizard is poorly written so you can’t tell.
    Now, I am trying to set up the upgraded version so that it can print cheques. Do you know that in the format if you select “blank line before payee” that it no longer prints the adress of the payee? If you get rid of the blank line, the adress prints, even though the adress is only 3 lines and does not fill up the box. Based upon my previous dealings with their tech support, I won’t even bother notifying the. I can’t waste the day. It is better just to warn people about this product.

  9. David De Bruyn

    I input most of my data to match my checking account. Inputing is very time consuming and cumbersome. Actually a couple of versions earlier it was really easy. I guess I have been lazy not to explore other options which have the very easy inputing options which Quicken once had. One of these days when I am inputing data and experiencing the difficulties thereof (say with the dates), I will say enough.

  10. Steve Antonoff

    I’ve been using Quicken for almost 30 years (Quicken for DOS starting in 1989, before Windows). My habit, up until now, was to upgrade every other year since financial institution interfaces lasted for 3 years with each upgrade. I’m going to wait until 2019 comes out before I upgrade, and then I’m going to take a look at other programs before I commit to an annual purchase for an unreliable product..

    To me, the biggest issue with Quicken is the “fragile” data base. I admit I haven’t cleaned out my Quicken file in about 12 years now (accounts have data going back to 2006) so I’m probably stressing the file more than I should. But a fully functional financial program should use an SQL database with new tables for each year (or fiscal year). An annual closeout, that closes the previous year and starts a new one, should happen automatically on the first entry for the new (fiscal) year. I had a situation recently where I withdrew a large chunk of money from a Savings Goal. The withdrawal from the goal worked but Quicken must have crashed before it put the money into the originating account, leaving me $thousands short of cash until I found the error. Recently (starting in July), Quicken started duplicating some downloaded transactions in multiple accounts: I have 4 accounts with my investment broker and when a dividend was received in 1 account, Quicken put it in 2 others, even though those accounts didn’t have any of the stock that was paying the dividend. I discovered this in August through a reconcile process that wouldn’t balance: Quicken had $hundreds of “bogus” transactions that had to be manually deleted. I don’t know if this was the fault of Quicken or the financial institution.

    I now verify my Quicken file at least monthly to find and eliminate errors.

  11. Derrick

    Quicken is a useless PoS!!!! It’s hard to learn, has issues ALL the time, it’s difficult to use and I hate it! I will NEVER upgrade again!!!! My hope was to get a grip on my spending but it is so burdensome and clunky and frustrating to use I’m sick of it!!!

  12. debbie griffin

    I have been using Quicken for over 20 years. Suddenly my mortgage payment is “missing”. Intuit cannot find where it was paid even though my bank account has been charged for this online payment. They refuse to pay stop payment fees and late charges. I am switching to my bank’s bill payment system immediately. No more Quicken bill payments for me.

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