Microsoft Money?

Glaucus · 6 Jan 2007 at 20:29

Does anyone use this?

Can it connect to HSBC what's it like. I only want it for home use not business.

Can you set up payments like food, electronics, petrol. So at the end of the month you can see how much you have spent on each catagroy?

Is it also possible to track shares and funds?

daven1986 · 6 Jan 2007 at 20:36

can't connect to hsbc i dont think. i tried it once and it couldn't. not a fan of this. most software probably only does us bank accounts. i prefer quicken however find neither really very good.

Skutter · 6 Jan 2007 at 20:51

I have used MS Money for around 6 years now (acutally Feb 2001). Is pretty good for home use (such as you describe). You can set up regular bills and deposits, shares, assets, loans etc. there are loads of reports you can produce to tell you to stop spending money!

I have had a look at others during this time and didn't really find anything as simple or straight forward.

I'm with LloydsTSB and you can download their online statements into Money, but I really couldn't tell you about HSBC.

Hope this helps.

s-p · 6 Jan 2007 at 21:25

daven1986 said:
can't connect to hsbc i dont think. i tried it once and it couldn't. not a fan of this. most software probably only does us bank accounts. i prefer quicken however find neither really very good.

It depends on the version of MS Money you use as to which institutions you can use. I've recently purchased MS Money 2005 (UK Edition) and it allows me to connect to my HSBC account. Well I say connect... it opens the HSBC main site within it's own internal browser and allows me to login as normal. From there, I can download transactional history for my accounts (Credit, Bank, Savings) and parse them into MS Money. For each transaction I assign it a specific category and then reports can be generated on the back of this.

To be honest, I would be just as well of using Excel at this point as I haven't got around to utilising any of the functionality MS Money offers. However, it is now monitoring the FTSE indexes for me as I'm looking into offloading some funds from my standard savings account into investments. Will see how good a job MS Money does of this before I go down this route though.

In case you're not aware, HSBC offer the ability to download transactional data in Money, Quicken and CSV formats.

oddjob62 · 6 Jan 2007 at 21:28

You could always download the trial and take a look.

I did it but i doubt i'll used it more than as a spreadsheet tbh.

It can't automatically connect to my HSBC, but if you login to the website, and export your statement, you can let it to automatically open with Money and it will import it without much bother.

Glaucus · 6 Jan 2007 at 21:29

Cool

, anyidea when 2007 will be on sale, can't find it in the uk. Or should I just get 2005?

Glaucus · 6 Jan 2007 at 21:51

Just downloaded the trial 90 days

.. why buy lol..
Downloaded HSBC manually as I don't really want a piece of software having those passwords. Awesome. But money

s-p · 7 Jan 2007 at 16:57

AcidHell2 said:
Cool , anyidea when 2007 will be on sale, can't find it in the uk. Or should I just get 2005?

Wikipedia Info on MS Money:

However the UK, French and International editions have not been updated since Money 2005, and there are no signs of a new release.

I'm sure I've seen it state this information on the MS site as well, so it looks like 2005 is the last version we'll have for a while at least.