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EDITOR NOTES
This is a beta release.
DESCRIPTION
MoneyWell... Finance software that helps people take control of their spending using a simple single-window interface and "envelope" cash flow management.
Most financial packages focus on historic information. By the time users see what has been spent, it's too late to fix the problem. MoneyWell shows what's happening right now with innovative Spending Buckets and a Money Flow Graph all presenting real-time feedback. The user knows immediately when spending is getting out of hand by just glancing at one window.
Other features include:
- Direct Connect Banking
- Attached Receipts
- Split transactions
- Memorized transactions
- Scheduled transactions
- Multiple currencies
- Exchange rate conversion
- Transaction and tax reports
- Spending plan w/cash flow management
- Income allocation w/prioritized buckets
- Click to filter graph
- Integrated search/filter
- OFX/QFX/QIF import
- QIF export
WHAT'S NEW
Version 1.5: - Improved performance (give feedback if you think it is faster or slower in areas)
- All new Reconcile view with Smart Fix technology
- Revamped Account List with All Accounts selection
- Revamped Bucket List with All Transactions selection and collapsible sections
- New Cash Flow view combining transactions, money flows and cash flow graph
- New split transactions grouping on transactions list
- New split transaction editor panel
- New Cash Flow menu with improved cash flow setup
- New Fill Buckets panel with drag and drop priorities
- New Documents preference panel to allow for groups of documents to automatically open
REQUIREMENTS
Mac OS X 10.4 or later.
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| MoneyWell User Reviews (26 posts) | Write A Review |
 | Feb 7 2010 |
MERRIMAC Version 1.5 doesn't run on my system, whereas version 1.4 does. I'm running Tiger on a PPC, so presumably the issue is that Moneywell 1.5 is Leopard-only (or it could be Intel-only). Anyway, system requirements info should be updated. (Version 1.5) | |
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 | Feb 7 2010 |
ROBERTCOOGAN2 Can't get to the download transactions function, but can't use that or any other feature. When I start up v1.5, it first asks me if I want to convert to a new file type for saving. I say ok, and then it tells me it can't save. Repeats this over and over. Relaunching and redownloading and reinstalling doesn't fix the problem. Had to reinstall v1.4 to gain access to my accounts again. (Version 1.5) | |
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 | Jan 30 2010 |
RADARNAV I used a previous version of MoneyWell for a few months. I was looking for a simple checking program, and MoneyWell is definitely NOT that. I found the "bucket" concept confusing, and it just never seemed to click for me - hopefully your experience will be better. I switched to mini$, and it seems to do everything I need - straight forward and simply. However, I will say that if you are looking for a tool to help you layout a comprehensive budget, then MoneyWell may be the right tool for you. Given the price, you don't have much to lose. It imports your data easily, and if you don't like it, it exports it just as well. (Version 1.5) | |
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 | Jan 29 2010 |
MIBRILANE I love how the 1.5 beta goes on MacUpdate on 1/29/2010 and the beta expires on 1/31/2010. (Version 1.5) | |
| [ 2 Replies - Reply ] | |
Replies:
 | Jan 29 2010 |
MIBRILANE Developer's site says the non-beta version 1.5 comes out on 2/4/2010. The beta wants to convert my data - I think I'll wait a few days. (Version 1.5) | |
 | Jan 30 2010 |
HUSSAIN It will convert your data and make up a backup copy of your 1.4 data. (Version 1.5) | |
 | Jun 13 2009 |
DAVIDKKIM_SEANET.COM MoneyWell is a very well thought-out, supported, reliable, useful program. After trying Moneydance, iBank, and previously Quicken (several versions), we have chosen to use MoneyWell. It doesn't do everything, but it does 90% of what a household needs and does it very, very well. Especially budgeting it does better than any other app, and far more painlessly and intuitively. Highly recommended!! Some of the other bundled apps seem marginal but this is definitely worth the bundle price. (Version 1.4.8) | |
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 | Jun 10 2009 |
RADIXHOUND I thought I'd take MoneyWell for a test drive. I enjoyed using it for a couple of hours and easily pulled in the transactions from my bank and started tossing them into buckets. It's really simple but it's focussed on helping you budget for the future. As a result it's really not good at allowing you to look at your historical spending. The thing to do is probably just punch in your opening balance and start budgeting for next month. Forget analyzing what went before because you really can't. There's only one view and you can't compare months side-by-side or even graph all the expenses for a given month. So it provides simple budgeting but if you want or like to see numbers and the big picture, probably not for you. (Version 1.4.8) | |
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 | Jun 4 2009 |
KRIS BJORNSTAD I think I like Moneywell. I have been using it for over a year. The developer has tried to be helpful. I appreciate it. But for the life of me, I cannot keep the balance figure matched to my bank statement. Does anyone else have this problem? right now my Moneywell balance is almost $2000 off from my bank statement. I double check everything and can't find where I have made THAT much of a mistake! (Version 1.4.8) | |
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 | May 31 2009 |
TIM27 While I do feel this is a very nice app and is great in terms of stability and Mac feel, I think it could improve in the way it works. I find the whole "bucket system" inherently flawed. In this system (which at first is hard to get used to if you've never worked this way before) you place the amounts of money that would LIKE or HOPE to spend (or not spend over this amount) within buckets in MoneyWell. The idea is nice, but quickly falls apart when you realize that there are things that always pop up unexpectedly that you can't account for and even money that you've set aside for something else has to be moved and switched around in a whole bunch of different buckets that you have set up to make your budget work. The idea of saying, "yeah I'm only going to spend this much" is great, but it's just not reality. Bills change every month, especially gas and electric and auto fuel and there's no way of telling how much you're going to have to spend on it from one month to the next if costs change. It is much more valuable to know what you have SPENT instead of what you HOPE to spend, which might be a better way to use the buckets, IMO. In MoneyWell all of this allocation of monies must be done manually and gets very tedious after doing it several times. I have been using Moneydance for several years now and I find it still has better features and is easier to use than this. In particular with investment and loan accounts. Since MoneyWell is more of a budgeting app, it doesn't really handle these accounts very well. It is still a very nice app, though, and I give it a 4 overall. (Version 1.4.8) | |
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 | Feb 14 2009 |
ZENRAIN I've been using MoneyWell for almost a year now. I originally switched from Cha-Ching, which I had been extremely frustrated with. It was actually the last finance software I tried, I had also worked with iBank, and Mdance. The original switch was a bit of a shock. At the time I started using it, MoneyWell wasn't exactly the best looking financial application on the block. Also, getting started with the allocation and bucket system took me the better part of a day to figure it out, and then another day to undo my previous days mistakes. :) Honestly, the only reason I stuck with it at that time was the developers amazing responsiveness on the forums. It took me a week to start appreciating it's design. To enter a transaction date for this month just enter the day. Or if it's not in the month, enter the month and the day. Any delimiter. This kind of attention to detail is throughout the application. Well, it's 11 months later. The interface has had some significant changes to make it easier to use and read. Kevin has added direct connect for a lot of Banks. There are improvements to reports, you can link to receipts. All this is nice. Actually, compared to other apps in the same period of time, it's really impressive. But the best part of this application is my finances are now in order. I now have money set aside in advance for bills. I'm not overspending. In fact, my spending habits have completely changed. There are very few applications that have changed my life. This is one of them. (Version 1.4.3) | |
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 | Feb 2 2009 |
TESZERACT Finally after many years of searching, I've found the personal finance software that works. And a great, responsive developer to go with the software. Moneywell has both power and intuitiveness. I'v been through MSMoney, iBank, Checkbook (by Splasm, which is good), Liquid Ledger, ChaChing, etc etc. It may not have everything for everyone, but for me it's got features that I've not enjoyed before in any other app. Like drag 'n dropping transactions into categories, memorising by the Memo field, instant month-by-month spend graphs... the list goes on. (Version 1.4.2) | |
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