The Best 5 Free & Affordable Alternatives to Quicken [November 2019]

Posted by Heather on November 13, 2019
Cash Tree

Whether you work for someone else or own your own small business, H.I.G. Capital’s Quicken software is a great tool for handling your finances. Quicken will let you keep track of bills, expenses, and your bank accounts, and can also help run the accounting and finances at your small company. Quicken is highly rated, exceptionally stable, and has been around since the 1980s, so it is universally supported by accounting firms. Quicken is trusted all over the world to handle billing systems, financial goals, and investments, but those features don’t come cheaply. Installing a new copy of Quicken can cost you anywhere from $40 to $100 USD, and the developers have been experimenting with subscription models in other countries—bad news for those of us who don’t want to pay monthly or yearly for software.

Fortunately, there are alternatives that are less expensive than Quicken, and there are even some good free choices out there. If you’ve been on the hunt for an alternative program for both personal and small business finance tracking rather than paying for and using Quicken, there’s plenty of good news for you. We’ve found the five best accounting system software packages available as alternative choices to Quicken. So whether you don’t want to pay for software, or you’re looking for something a bit easier to use or manage, we’ve got some of the best alternatives listed below. No matter what you’re looking for, we’re confident one of these will fit both your personal use and your small business needs. Let’s dive in.

13 thoughts on “The Best 5 Free & Affordable Alternatives to Quicken [November 2019]”

William Dell says:
I am still using Quicken 2009 and seems to work well for me, got it free with my tax software way back when,
jose says:
but can you get updates automatically of the accounts, stock, etc..
Jay says:
In response to a simple check register…Dome accounting software may be a good choice. But you can’t download.
Roger Kell says:
I have used Quicken for a long time and am generally happy. I am looking for something simply to deal with creating a budget. Quicken is too complicated when you consider ones existing DATA. Also many of the suggested alternative don’t appear to support CANADIAN requirements.
RFB says:
Personal Capital is the best contender for a Quicken Replacement. But, the lack on tax reporting by category, and the lack of an interactive bill payment system make it a long way from Quicken, warts and all. SO, I use both – PC for investments and Quicken for banking and bills. Quicken also gets the investment reporting simply for Net Worth and Tax Reporting functions.
Lee Rigg says:
These programs are all “too inclusive”. Is there not a simple program that mimics a check register and also be useful at tax time? If anybody knows of such a program, PLEASE post it here.
Bud says:
I currently use both Quicken Deluxe AND Personal Capital. I need to use both because, for me at least, of two very good reasons. Quicken’s main, but not only, disadvantage is cost. This was borderline acceptable before; now, since becoming a subscription service, it has crossed that line. Personal Capital is great in the investment area when it comes to tracking one’s portfolio against a few major indicies, and everything is done semi-automatically. On the negative side for Personal Capital, and the reason for my still using Quicken, is that it is virtually worthless come tax time. Customizing Income and expense categorization is very cumbersome and splitting categories for transactions is not possible.

Bottom line: Personal Capital is superior to Quicken for many things investment related, but so lacking in accurately monitoring income and expense categories that it is unacceptable as a standalone replacement. That is the reason why I am on this website today—still looking for a Quicken replacement.

Kurt says:
Certainly doesn’t look like Moneyspire supports a small business the way Quicken Home and Business does. What am I missing
Kim says:
Will any of your recommendations merge with Quicken? Instead of starting from scratch?
Diana Dupont says:
I have years of Quicken data that I don’t want to lose – Is there one app that will convert Quicken data and old no longer existing accounts information.
Tony says:
Can YNAB convert premiere 2014 Quicken data to YNAB
Heather says:
YNAB should be able to convert your Quicken Deluxe data. That’s what I use and came from using Quicken.
Rami says:
which one of these programs online and able to convert quicken deluxe data to it
Keith says:
That’s my 100 thousand dollar question as well. I know that Personal Capital won’t convert data, and I’m doubtful on the others as well. Quicken is pretty proprietary on their data requirements.
Kent says:
Why can’t there be just a flipping bank register program that does just that and only that. Quicken Basic used to be more than enough for simple users. So I have to pay for it, big deal. I’m willing to pay for such a simple program,.
LordAnalog says:

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