TopTenREVIEWS - Gold Award - Awarded for excellence in design, usability and feature set

Quicken Starter Edition 2011 is the ideal money software that aids in soothing financial woes. Quicken Starter Edition reconciles your bank and credit cards in one place, helping to organize your personal and household budget with ease. It also automatically schedules bill reminders and sends alerts of upcoming payments, so you never miss a payment again. Where is all my money going? This question is easily answered with this money software as every transaction is recorded, tracked and categorized. These categorized transactions can be viewed in graphs and charts that are easy to read and understand.

These features and many more make Quicken money software the practical solution for money management, thus earning it the TopTenREVIEWS Gold Award.

Ease of Use
Compare
9.4/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
9.4
8.8
8.1
10
8.8
9.4
8.1
6.3
5
3.8

The initial setup took a bit longer than expected, since the money software setup wizard promised "this will only take a few minutes." After about 15 minutes, Quicken was finally installed on the computer and we were on our way. We began by choosing the language and currency that the reports and other information would be printed in, as well as the bank our information would be coming from. This process took a while, as the available bank options were a tad obscure. However, once we opted for the advanced setup, we were able to add well-known banks.

As Quicken continues to upgrade its money software, they add useful new features; however, the ability to import or use old Quicken files becomes more difficult. Many users have reported that their setup process halted at the account import option as none of their old files were accepted. If you've used Microsoft Money in the past, Quicken 2011 will import these files.

Although there were a few setup glitches, the rest of the process went smoothly. This budgeting software is designed for you to spend a few hours dedicated to setting up the system, during which time you download account information and categorize expenditures. After that, Quicken Starter Edition money software does the rest.

Banking & Bills
Compare
10/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
10
8.4
8.8
10
7.5
8.8
8.1
3.8
3.8
3.8

From splurging on spa days to purchasing airplane tickets to paying bills, Quicken money software has a category for everything. If you track every expenditure in its categorized section, it makes finding past purchases and tracking how much you spend on each category extremely simple. With Quicken Starter Edition 2011, everything is color coordinated and expertly organized for you as if you had your own personal accountant moving each transaction where it needs to go.

Online banking is one of the key components of this particular money software, as it allows for all accounts, savings, checking or credit cards to be reconciled and compiled for easy access. Bill pay is another online banking service (with a small monthly fee) that allows you to schedule and pay bills all from one convenient location.

The budget calendar is one of our favorite features as it is a daily, visual reminder of what bills are due soon, which ones are overdue and when any income will be received. All of this information and more can be manually programmed into your money software as a one-time expense or a monthly occurrence. Never again will your utility or credit card bill be forgotten.

Saving for those important moments in our lives can be very stressful. But with this money software, goals can easily be set and met. These financial goals can be set to pay off student loans or plan for retirement. Every two weeks or monthly (the occurrence is up to you), money will be allotted and placed in a savings or dedicated checking account.

For those who like lists, another of our favorite banking features is the side bar to-do list where personal notes and reminders can be typed and viewed whenever you're logged into the software.

Reporting
Compare
9.4/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
9.4
8.1
8.1
10
9.4
7.5
7.5
5
2.5
3.1

Account information is continually being uploaded into this money software, making sure every transaction is accounted for. After two or three months, enough spending data will be collected to generate a comparative pie chart or line graph. These reports are excellent visual reminders of exactly what you are spending your money on. If you have taken advantage of the budgeting tools in the banking section, the information on these charts should not be surprising, but informative. After a 12-month period, these charts provide the data needed to set goals for the new financial year. Charts and graphs can be viewed several ways, such as:

  • Expenditures by Category, such as bills, rent or charity
  • Expenditures by Payee, such as American Express or Walmart
  • Current spending vs. average spending, by category or by payee

All of these reports are key to budgeting, making financial goals and spending less than your income. These reports will also be beneficial when tax season approaches, as all reports can be viewed as monthly or annually. When these annual reports are available, they can also be compared to the reports of last year, which will be archived, so you can see exactly how your spending habits have changed thanks more dedicated use of money software.

Tax Options
Compare
9.4/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
9.4
5
6.3
1.3
5
5

Inuit Inc. is the maker of both Quicken Starter Edition 2011 and TurboTax; convenient, no? This partnership is exactly what is needed for increased accuracy and efficiency when filling out tax information. Before importing the data directly to TurboTax, you can first categorize expenses as deductibles, and the money management software will even present ideas or advice for each of these deductions, saving you hours at tax time.

Archiving/Security
Compare
10/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
10
10
10
9.4
8.8
10
8.8
6.3
5

A sense of security is crucial, especially when entering your private account data into money software. Quicken provides all the necessary options to back up, archive, and secure your data. Quicken also offers an online backup service for an annual fee, where your files can be stored securely as well.

Help & Support
Compare
9.4/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
9.4
9.4
8.1
10
8.8
7.5
8.1
8.1
6.3
4.4

With an application that has as many features as this money software, help and support will indeed be needed at some point. We encountered a small problem while testing and turned to the online technical chat support. We were immediately connected to a support agent. During the chat, however, we were disconnected somehow. Just a few minutes later, the agent we had been working with sent a message to the email we had provided and finished answering our questions. This follow-up was fantastic.

There is a mini help manual online, but if you are looking for a more in-depth look into Quicken 2011, you can purchase the official guide to Quicken Starter Edition 2011. We don't believe the official guide is necessary, however, as an in-software manual, community forum, tutorials and email support are all available.

Quicken money software also has a dedicated YouTube channel with help topics ranging from importing Microsoft Money files to personal finance tips and tricks. We viewed “Budgeting for Children from Quicken,” one of the many personal finance videos that would be an excellent source for new parents planning for a child.

Personal Investing
Compare
/10
Quicken Starter Edition
AceMoney
Moneydance
YNAB
BankTree
Simple Home
RichOrPoor
iCash
BudgetExpress
PiggyBob Premium
8.8
10
8.8
3.8
5

Unfortunately, Quicken Starter Edition money software does not include any personal investing features. In order to keep track of any personal investments, you will need to upgrade to Quicken Deluxe to access their comprehensive investing functionality.

Quicken Starter Edition Summary:
8.6/10

Quicken Starter Edition 2011 is the perfect money software for creating, tracking and meeting all financial goals and set budgets. Every expenditure is immediately filed into its correct category, color coded and stored where they're easy to find. This money management software is easy to use, and it makes it easy to see positive financial results.

 
Software » Finance & Accounting » Money Software Review » Quicken Starter Edition
 
 

Quicken Starter Edition 2011

Pros
Reports can be exported directly to TurboTax, making the whole process less painful.

Cons
Issues may arise when trying to import older Quicken files into the 2011 version.

The Verdict
: 8.63/10

Quicken allows financial goals to be set, tracked and met with ease.