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Old 12-31-2007, 04:46 AM
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Default Quicken and Banking Online

Barb, I've had several friends inquire whether they should buy and learn Quicken or just use their bank's website to manage their banking. While I have been a Quicken user for more than ten years, I tried to explain that using a bank's website is certainly an alternative to Quicken. Some banks are better than others of course. I have accounts at JPMorganChase as well as Citizens First. The big bank's website is far more sophisticated than our friendly local bank by several orders of magnitude. So the bank one might choose is quite important. The other factor that might cause one to use Quicken is the ability to do far more manipulation of accounts, balances, budges, spending patterns, etc. than even the best bank website is capable of. And I differ that there's a lot more entry work needed with Quicken compared to a bank website. I think they're very comparable.
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