End of the road for Microsoft Money

According to CNet, Microsoft will soon be bringing to an end its Money line of personal finance management software.

From Microsoft's Money FAQ, the products affected include Microsoft Money Essentials, Microsoft Money Plus Deluxe, Microsoft Money Plus Premium and Microsoft Money Plus Home & Business. For Microsoft Money Essentials, online services (online stock/share quotations and bill-paying) will stop one year after activation or 31 January 2011, whichever comes first. For everything else, users will continue to be able to access online services "for two years after initial activation or until 1/31/2011, whichever comes first."

On Microsoft's own Money site, the company explains that, "[w]ith banks, brokerage firms and Web sites now providing a range of options for managing personal finances, the consumer need for Microsoft Money Plus has changed. After suspending annual updates of Money Plus in 2008, Microsoft is announcing today that we will no longer offer Microsoft Money Plus for purchase after June 30, 2009."

The Redmond company warns that "[a]ll purchased Money Plus products must be activated prior to Jan. 31, 2011." Once activated, the program will work as usual. However, after the cut-off date for online services, users will be left with reduced functionality and the inability to upgrade their version of Money or move it to a new machine, virtual or otherwise.

Competition with Intuit and web services has been blamed for this move on Microsoft's part. The Money franchise has been in contraction for some time--the last UK version of Money came out in 2004 (branded as "2005"). Although most consumers with a need for a Money replacement will likely look elsewhere, some may be enticed to try the company's more recent offering for small businesses--Microsoft Office Accounting Professional. Others will no doubt be looking to Intuit, Mint.com, or GnuCash.

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I've been disappointed with Microsoft Money even before this. I've been forced to upgrade the software over the years as they keep discontinuing online updates, forcing its users to upgrade and rebuy the software. The same goes with Quicken. So, I've made up my mind to migrate to GNUCash, a free open source program that will always be around as long as there are those to develop it. Open source software does not have all of the political problems as commercial software, and will ALWAYS be FREE.

<a href="http://members.apex-internet.com/sa/windowslinux">http://members.apex-internet.com/sa/windowslinux</a>

I'm so dang sick of buying Microsoft stuff, only for them to stop supporting it. Then people wonder why warez exists, its because of BS like this. Microsoft has a long history of abandoning anything they make, including hardware (I used to own one of their expensive Microsoft phones many years ago, and never once did they update the software for it).

Personally I don't care for Quicken. This is just typical Microsoft stealing from the customers again, once they get your money, you don't get what you paid for.

I would argue the opposite. Warez is what leads to the end of products as the companies don't see any money coming in the door (stealing is the fastest way to kill your favorite stuff).

Also, how is Microsoft robbing you? If you paid for MS Money you can still use it I'm sure. The program isn't an online only program where you won't be able to launch it anymore. The only thing it will probably loose is the ability to go online and download stuff, but you can punch it in manually or import money format files from your bank...

Like many others have said, I switched from Quicken to Money back in 2000 because it was just easier to use. Will be sad to see it go, but perhaps we'll see a personal version of their Office Accounting software soon, who knows.

Dam! I've been using Money since Windows 2000. I even got a few friends into using Money. I've always felt that Money was easier/quicker to use versus Quicken. Microsoft has to trim the fat I understand. It's just unfortunate to see an old piece of software die. Especially since you've used it from it's beginning and seen how it's developed to a better product. Who knows we my it return later on.

GnuCash now runs on Windows. You can export your Money accounts to QIF and import them to Gnucash. Banks that support Money usually allow manual download of transactions in OFX format. As long as that continues, you can import OFX files into Gnucash.

Microsoft could release a patch to remove the activation requirement. Seems like the right thing to do, especially since the .mny files can't be used by previous versions of the product. I have numerous versions of Money that I have bought through the years, all the way back to the first version that they gave away.

Support for Quicken was dropped by a lot of banks because of the rootkit fiasco with Quicken/TurboTax. My bank doesn't support it, and probably never will again.

I started out using Quicken (MS-DOS), back when you could run the whole program and keep your data all on 1 floppy disk. Still have it somewhere. Switched to Money when Microsoft released their first version that they gave away for free and have used it ever since.

Mint.com is great. Been using it for a while after Quicken Online started charging and introduced new bugs almost daily. Of course MS Money and Quicken probably have some features not available, if all you're doing is tracking all your accounts and transactions, do it on Mint.

I checked out Quicken Online this morning, looks like it's free (for now).

Mint.com and Quickonline.com sure do look quite similar.

...and this is why activation is bad. I'll keep using my older Money 2005 (which doesn't need it), and use it offline, thank you very much.

Read this yesterday, got the pop up in money today boo.

Used MS money since 2003 for personal finance and Office Accounting for my home-based business.

Looking at switching to quicken, but the reviews for quicken 2009 are horrid.

Mint.com doesn't look like it will do it for me, but maybe it will? Anyone used it?

ughhh.. demo'd quicken 2009. awful.

signed up for mint.com. deleted my account minutes later. seems cool, but i need more functionality.

why microsoft? why do you do this to me?

I was a bit sad to hear this go. I switched way back in 2000 from quicken, because I liked this product more. Now I guess I will have to switch back... Too bad...It was very simple to use, but like Neufuse said....the main reason I used it was because it sync'ed with all my banks... I hope quicken can do all them as well.

I'm still on Money 2000 which doesn't require activation. Still works well :)

Terrible news though because there is clearly a need for this kind of software.

This is a pain .. finding an alternative is a bit tricky. Finding an alternative you can import a current .mny file into is even trickier!!

I had a look at the free Office Accounting program from MS, but you can only import .ofx files into that .. well done Microsoft!!

Any ideas anybody??

I do not think it could be aviable alternative; Office Accounting is geared toward companies therefore is "Account payable", "Account receivable" based; IMO not the best way to handle personal finances.
Btw this is a huge problem for me too; I already have to deal with Quickbooks that I hate, the perspective to deal with Quicken too is really depressing.
Why BG does not come back and get rid of all these bean counters that are jeopardising the company?

You absolutely right! Office Accounting does seem way over the top!
It does have some useful features though .. for instance it seems to be ebay and paypal friendly ..

I've spent a few hours today trying to find an alternative to MS Money, and sadly the competition are pretty ropey it seems to me.

I'm quite happy carrying on with Money 2004 UK version but there is the 'small' but vital patch it needs that you can't download seperately .. again, well done Microsoft!! .. bloody typical mis-management ..

darn it, I use Money to track spending and fiances.... nothing else besides quicken can do this automaticallly across all my accounts by downloading all the data from the banks daily......

neufuse said,
darn it, I use Money to track spending and fiances.... nothing else besides quicken can do this automaticallly across all my accounts by downloading all the data from the banks daily......

before someone else chimes in and says there are alternatives... notice I said my accounts, not all my accounts support quicken's format... my main bank only sends to Money... and alternatives it wont even talk to it seems...

lawtai said,
With news of MS ending support for Money, those banks will hopefully pick up support for quicken then.



What will likely happen is that more banks will switch to a portal-based system, eschewing Quicken in favor of (don't laugh) Excel (my own bank supports Money and Excel today). The reason given by the banks telling Microsoft to naff off (which is the real reason for Microsoft killing Money) is increased security standards involving online/Internet banking; however, the real reason is customer resistance to online-banking-based fees/"unfees" (the insistence from customers is that online/Internet banking be free, as in beer). Money itself is typically provided at low cost (or none at all) in a sponsorship arrangement by the financial institution (banks/credit unions/investment firms/etc.), just as Quicken often is. Intuit (and Microsoft, to a lesser extent) made their money on the back end in service charges collected via that institution (who, in turn, passed them on to the customer). The free lunch is ending, folks.

lawtai said,
I saw the popup this morning as I opened up MS Money. Looks like it'll be quicken in the future.


The issue is more like the Internet today (though it had been Quicken in the past). Quicken (and the small-business variant, QuickBooks) have been the accounting software that pretty much everyone has cut their teeth on; where Money made their inroads was with the banks, primarily by *not* tying their hands as far as compatibility with their existing back-office operations (whereas Intiut acted like IBM; not only requiring the banks to use their formats, but even requiring they use Intiut-designated data providers, or, after Intiut acquired those same companies, Intuit itself, and charging hefty fees). As little as three years ago, Quicken itself was in deep trouble, largely because of the inroads of Money, and banks deploying browser-based online-banking tools via their own Web sites, obviating the need for Quicken (or Money). Such portal-based online banking has only mushroomed since; now engulfing Money just as it had done to Quicken. (Even for Intuit, Quicken is not the cash-cow it was; that role has been assumed by TurboTax.) On the small-business side, Money had made no inroads against QuickBooks/QuickBooks Pro (which has actually changed little at its core since the days of Windows 95).

Dammit, I literally just renewed my Money subscription a week and a half ago. Well I was considering moving all my info into Excel and doing it all manually anyway, I guess thats whats gonna have to happen once this expires. Quicken Online is nice but I'm not all that comfortable having my crap on someone's servers other than my banks.

That brings the count of Microsoft Products that I use or subscribe too, to three; OneCare, Encarta and now Money.

I was digging for more info and it kinda looks like Money will still be useable after the end of services date. It just seems to suggest that users will have to download the info from their banks manually.

Can anyone else confirm this?