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MoneyDance

Moneydance is a powerful yet easy to use personal finance app for Mac, Windows, Linux, iPhone and iPad.

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MoneyDance

MoneyDance Reviews and Details

This page is designed to help you find out whether MoneyDance is good and if it is the right choice for you.

Screenshots and images

  • MoneyDance Landing page
    Landing page //
    2023-04-13

Features & Specs

  1. Cross-Platform Compatibility

    MoneyDance is available on multiple operating systems including Windows, macOS, and Linux, ensuring that users can access their financial data regardless of the platform they use.

  2. Comprehensive Financial Management

    The software offers an array of features such as budgeting, investment tracking, bill payment, and reporting, making it a comprehensive solution for personal and small business financial management.

  3. Privacy and Security

    MoneyDance ensures user data is private and secure by storing all financial information locally on the user's device rather than in the cloud.

  4. Offline Capability

    Users can manage their finances without requiring an internet connection, providing accessibility and convenience.

  5. Good Import Options

    MoneyDance supports a variety of file formats for importing data, including OFX, QFX, and QIF, making it easier to switch from other financial software.

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Videos

MoneyDance Tutorial #1 (fixed audio)

Mac Monday: Moneydance

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about MoneyDance and what they use it for.
  • Ask HN: How do you manage your personal finances?
    Here's my European personal finance software on Apple Macs and iPads journey. I used to use MoneyWiz but it couldn't handle both American, Irish, and Swedish bank or investment accounts. So I outgrew it quickly. Then I did it manually in Excel, and Later Moneydance that is really a great product. That said it didn't really work for me due to my undiagnosed ADHD brain. There is some automation in Monedance but I... - Source: Hacker News / about 2 years ago
  • Profit/loss and invoice mgmt tool for non-US SME that is not QuickBooks?
    Starting a new corporation and with that P&L balance and without having a CPA on ongoing payroll want to do a much better job at managing my P&L. Currently have done bookkeeping with a combination of CSV bank statement exports and then a manual Perl-based parser to categorize and prepare for taxes. This process has worked fairly well because there are several international accounts that need to be considered that... Source: over 2 years ago
  • Good, modern, )open-source?) profit and loss balancing tool with invoicing capabilities for non-US SME?
    I have looked at: โ€” https://bigcapital.ly/ โ€” looks promising but seem in its early phase so maybe not super matureโ€” https://moneydance.com/ โ€” seems only work for personal โ€” This reddit thread โ€” mostly focused on personal finances too. Source: over 2 years ago
  • reccomendations for personal finance apps ๐Ÿ’ธ
    I've used Moneydance (https://moneydance.com/) for years, but I will probably be looking for something else since they still have not been able to get a version that will run on ARM. It has been working as expected using Rosetta, but it runs kinda slow. Source: over 2 years ago
  • Cheaper alternative to QuickBooks
    MoneyDance might be worth looking into. I've been using it for a couple of years and I'm quite liking it. It says for personal finances, but as cash-based business it should be fine for your uses I expect. Source: over 2 years ago
  • Anyone remember the old software program, Microsoft Money?
    When it stopped being developed, I moved to Moneydance in 2005 (Phew, 18 years flew fast...) and I have to say that it's great. It does much more than Microsoft Money did in the past. Source: over 2 years ago
  • Anyone remember the old software program, Microsoft Money?
    I landed on MoneyDance and have been very pleased with the outcome. Free trial, 90 day guarantee, full cost is no more than Quicken Deluxe but they upgrade you for free and has many of the same features. They actually have technical support and bank integration for automatic downloads. Source: over 2 years ago
  • How do you track your finances? Software? Apps? Excel?
    I used to use MS Money but moved over to Money Dance about 11 years ago, itโ€™s comparable to MS Money and I couldnโ€™t do without it https://moneydance.com. Source: almost 3 years ago
  • Looking for a QUICKBOOKS alternative
    I don't use it for business, but I use Moneydance for my personal finances: https://moneydance.com/. Source: almost 3 years ago
  • Alternatives to Quicken
    Moneydance by Infinite Kind https://moneydance.com/ is a great replacement for Quicken. It's easy to move your data to Moneydance and it is easy to download your data from your online financial institutions. All the data is stored on your own computer and not in the cloud with the pros (privacy) and cons (got to have your own good backup plan) that go with that. There is a demo mode to try it out. Batch changing... Source: almost 3 years ago
  • Thinking of ditching Windows
    I had this very same problem. Quicken was the only thing that kept me running windoze. Then I discovered "Money Dance" at https://moneydance.com/ It is not free, but it works like Quicken, and I have been using it now for 8 years and never looked back. Love it 5-stars. Source: almost 3 years ago
  • Gnucash โ€“ open-source accounting software for personal and small businesses
    * Moneydance -- https://moneydance.com/. - Source: Hacker News / about 3 years ago
  • Quicken Alternative
    Using Moneydance as a MS Money replacement for the last 15y, works great! Source: over 3 years ago
  • Any good self-hosted money tracking software?
    Not properly selfhosted as itโ€™s a desktop app, but using Moneydance since 10+ years, great piece of software! Source: over 3 years ago
  • Recommended PF/Budgeting Tool
    I don't know about the specific firms you have listed, but I believe Moneydance checks your boxes. Source: over 3 years ago
  • Hard time tracking my card purchases
    Unfortunately no easy way to do it, except using some financial tracker where you enter all your transactions, and doing periodic reconciliations - I use https://moneydance.com , very happy with it. Source: over 3 years ago
  • Recommendations for Finance Software
    If you are looking for a desktop Quicken alternative that can download account information, there is Moneydance by InfiniteKind https://moneydance.com/. Source: over 3 years ago
  • YNAB Alternative
    I've used Moneydance for 15 years now and it's regularly updated and works great. I like the fact that it is a standalone software which works equally well on Linux, macOS and Windows. Source: almost 4 years ago
  • Household economics
    Seconded, and if you really want to keep your data on your devices have a look at moneydance using since 10y+ with no issues, can sync on multiple devices and has clients for mobile too. Onetime fee plus updates to major versions every couple of years. Source: almost 4 years ago
  • Any good multi-currency software?
    Moneydance https://moneydance.com/. Source: about 4 years ago
  • Budget App
    Personal finances or finances software in general is a weak area for privacy conscious people. For local solutions there are plenty but my favorite is Moneydance. It has multi platform software including mobile apps. Sadly it does not sync with WebDAV specifically but it has a share folder sync that you can use with Nextcloud. Also using a Spreadsheet for keeping track of your bills can be very powerful and useful... Source: about 4 years ago

Summary of the public mentions of MoneyDance

Moneydance, a stalwart in personal finance management software, has garnered a varied yet predominantly positive reception among users. Positioned as a robust alternative to Quicken, it offers an impressive suite of features leading to its mention in several online discussions and articles. The software is particularly lauded for its comprehensive privacy settings, as it does not require data to be uploaded to the cloud, thereby granting users control over their personal financial information. This aspect underscores the security-conscious appeal of Moneydance.

One significant advantage of Moneydance is its functionality across multiple operating systems including Windows, macOS, and Linux, coupled with mobile app availability. This makes it a versatile choice for users seeking a seamless experience across various platforms. The software enables efficient management of personal finances with features such as online banking, advanced reporting, investment tracking, and account registers, which contribute to a holistic financial overview. Users also appreciate the one-time purchase model over the subscription services other competitors might offer.

Despite the recognition of these features, Moneydance faces certain criticisms, particularly regarding its automation capabilities. Some users have expressed difficulties in setting up automated updates for stocks and forex exchange rates, though they acknowledge the software's potential for customization to achieve desired results. Moreover, issues have been noted with the compatibility of European bank integrations, which could pose challenges for international users aiming for seamless financial consolidation.

Some reviewers suggest that Moneydance might not be the ideal choice for beginners due to its extensive functionality, which may come off as overwhelming for those new to digital finance management. However, seasoned users who value privacy and prefer keeping their data local may find it perfect for their requirements. Most testimonials highlight its relevance for personal rather than business finances, with some SMEs finding that it lacks certain business-oriented features like robust API integrations or detailed invoicing systems.

Moneydance's pricing, often cited as fair in comparison to rivals like Quicken, includes a trial period and a money-back guarantee, asserting customer satisfaction as a priority. This affordability, paired with substantial user support and regular updates, contributes to the softwareโ€™s sustained popularity.

In summary, Moneydance stands out for its commitment to privacy and cross-platform flexibility, making it a preferred choice for experienced personal finance managers. While not void of minor drawbacks, its comprehensive feature set and strong community feedback highlight its continued relevance in the ever-evolving landscape of personal finance tools. For users prioritizing data security and holistic financial tracking, Moneydance remains a compelling option in the realm of personal finance software.

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