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« Saving Money on Food, Part 1 | Main | The Two Best Ways to Insure Income for Life During Retirement »

December 14, 2006

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I have a Quicken Question. Why is it so difficult to track a CD in Quicken? I've set one up in the Investment section, but it would be nice if it was a type of an account instead of (or as well as) a type of security within an account. Most bank CD's are accounts in their own right and it only makes sense for Quicken to reflect this. It would be nice if you could just put in the price and the rate and have Quicken calculate the value automatically.

OK, I have a question.

I've never used quicken. One of the big reasons is that it seems like a huge pain in the ass to have to go to the website for all my account and download those files. I have 3 (soon to be 4) credit cards, 2 checking, 3 savings, 2 student loans and a 401k. Thats a hell of a lot of downloading.

The alternative seems to be to have Quicken automatically download everything for me. This sounds great! However, most banks charge a monthly fee for this. This is absurd!!!!! I know its the banks charging the fees, but surely they have at least an implied go ahead from Intuit for this, and frankly I think thats B.S.!!! If you can make it easy and free to get my account info into Quicken I will try it out. Otherwise, I'll probably just stick with Yodlee since it is free and can access all my accounts except for 1 student loan.

Even the latest version of Quicken (Q2007 Home & Business), does not have a specific feature for tracking Healthcare Savings Accounts (HSA's). There is some skuttle-butt on the Quicken.com forums on how some posters have set up their HSA in Quicken, but the fact is that there is no GOOD way. When is Quicken going to begin keeping up with what is really happening with its users?

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