Quicken is one of the oldest. Quicken's origins go all the way back into the 1980s, when Scott Cook and Tom Proulx founded Intuit in Palo Alto, CA. As Intuit's history tells it, they realized that personal computers would change the way people did personal accounting. Quicken was programmed in Microsoft BASIC for the IBM PC and UCSD Pascal for the Apple II. There were several firsts in the origins of Quicken. For example, Intuit offered a $15 rebate on the purchase, the first time software offered a rebate. In 1991, Microsoft created Microsoft Money to compete with them (Microsoft Money was discontinued in 2009). In 2016, Intuit sold Quicken to H.I.G. Capital, a private equity firm in Miami. So how does Quicken 2018 compare with predecessors and should you continue using it? Table of Contents • • • • • • • The Many Versions of Quicken Quicken has several versions: • Quicken Starter: At $34.99/yr, this version is the simplest version of Quicken with access to the budgeting tools only. Quicken For The Mac• Quicken Deluxe: At $49.99/yr, this version is an expansion of Starter with access to the budgeting and some basic investment tools. • Quicken Premier: At $74.99/yr, this mid-tier version offers all that Deluxe covers plus Quicken Bill Pay, Priority access to customer support (a $49.99/yr value if purchased separately), plus advanced investment portfolio analysis. • Quicken Home & Business: At $99.99/yr, this type gives you all that Premier offers plus business management tools like invoicing and rental tools. It's organized such that Quicken Deluxe is for most users who are focused solely on budgeting with an eye towards investments. The investment tools are very basic, meant to keep an eye on things but not necessarily plan for the future. In Quicken Premier is where all the good investment planning and preparing tools exist.
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