Microsoft Money was a popular Windows based personal finance program that was discontinued in 2009. It allowed users to integrate their financial information into a comprehensive summary that let them keep track of their spending, manage their investments, and pay bills online. These became standard features across all personal finance programs, but lately Microsoft Money no longer supports web-based applications like account updates or stock quotes.
Microsoft released a final (free) version called Money Plus “Sunset” 2008. They are phasing out online features, so Microsoft Money 2008 doesn’t have as many features of earlier versions. You have to manually enter account information since the automatic update functions are disabled. Support for Money will be disabled on January 31st, 2011.
If you are in the market for a personal finance package, keep in mind that Money is being phased out. Without automatic updates and online features it becomes a strictly budgeting platform. However this is actually a great time to be in the market for financial software, since the next generation of personal finance software solutions has been released. HelloWallet is an example of personal finance for the 21st Century with all the features of Money and many new innovations.
There are still installable programs that handle tax preparation and budgeting, but while they may have online features, these products are limited in the scope of their services offered. They can help you organize your money, but they do not give you financial guidance. HelloWallet is a web-based financial guidance provider that not only handles budgeting, but also helps you plan your financial future.
At HelloWallet we realize that budgeting is not enough to keep you financially secure. We know that keeping track of your spending, researching investment and savings plans is costly for you. That’s why HelloWallet securely downloads your account information, automatically categorizes your spending, and gives you a complete financial picture in only a few clicks; unlike Money which requires you to manually enter every transaction.
Financial guidance is where HelloWallet really stands out from software alternatives. Even when Microsoft Money had web support, it provided budgeting and money management, but not personalized financial guidance. HelloWallet actually incorporates your saving, education, and retirement goals into a long term plan, and then recommends financial tools to achieve these goals.
The future of personal financial guidance is here, and it is HelloWallet. Sign up for an easier, faster, and more profitable money management experience.