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DESCRIPTION
MoneyWell is 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 1.6.1: - Improved description of changed information during sync conflict resolution.
- Fixed sync issues with MoneyWell for iPhone (requires version 1.0.2)
- Fixed OFX import to recognize deposits improperly marked as checks.
- Fixed conversion failure for documents pre 1.5.
- Fixed split transaction amounts for conversions pre 1.5.
- Fixed problem with cash transfer transactions in splits.
- Fixed failed document opening after conversion to 1.6.
- Fixed refresh of Reconciled view when transaction reconcile flag is changed.
- Fixed recalc of running balance when transactions are dragged and dropped to reorder.
REQUIREMENTS
Mac OS X 10.5 or later.
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| MoneyWell User Reviews (32 posts) | Write A Review |
 | Aug 24 2010 |
D9 I was for first few months quite satisfied with Moneywell and the bucket method it used. However, in the last couple of weeks, it has unexpectedly created duplicate entries, placed transactions in wrong accounts, shown conflicting balances from main window/side bar, balances to do not match online banking accounts, etc. It has become a royal pain and I am quite disappointed. More importantly, I cannot in confidence use this program as my financial management tool. I can't even use it to balance my checking account!! I'm all for giving developers a chance to fix their software but in the case of such a program, the data is too important and complex to be worrying from version to version whether it's performing properly. | |
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 | Aug 8 2010 |
CTYANKEE I've used iBank, Cha Ching, Quicken, and a few others. MoneyWell is the best. Direct connect works with Bank of America (you have to pay for it though), Chase (free for my CC account) and AMEX (free). Simple to set up and get working. If it doesn't, you probably are using the wrong log in info. The bucket system is also very useful. Sure you can track accounts, but seeing how much you hve left to spend in buckets is so much more useful than account balances. The support is top notch. The guys reply in hours or minutes. They are very friendly, but human. Give them time! 1.6 and the iPhone app are great together. I can't wait for new features in the iPhone app, v2.0 and the new look and the iPad app. Keep it up guys! (Version 1.6) | |
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 | May 10 2010 |
CIARAN23 Yes - I too loved Moneywell, and the developer was very responsive, but there may be a glitch - that caused my bank balance to run 2,000 to 3,000 above the actual, even when starting from 1/1. I'm definitely disappointed, because otherwise it is a very well thought out personal bookkeeping program. I 'm looking around... (Version 1.5.3) | |
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Replies:
 | Aug 2 2010 |
ALM1GHTY I use Quicken 8 for the PC. I run it on the Mac through Parallels 5. Runs like a champ without any of the Mac BS work around’s that are so common for this type of program. (Version 1.5.3) | |
 | Apr 28 2010 |
TACHY0N I agree with several previous posts. I tried several personal finance app one afternoon and thought MoneyWell looked the most sophisticated and mac-like. I ended up getting a copy as part of a bundle and decided to give it a try. Yes the buckets concept is confusing and no, I haven’t bothered to watch the tutorial videos. After using so much good mac software over the years I don’t feel I should have to. Except for the fact that I’m unfamiliar with accounting practices. I wonder- why do they bother letting you import data from your bank if it isn’t easy to do reports on how much you've spent? I have about a year's data, but it is almost useless to me because unlike an AU$6 iPhone app, I can't create charts to see trends. What am I expected to do, export data to Numbers or Excel to do that? On the plus side it does let you import receipt documents so it can replace iWallet or Paperless to a small extent. And lastly, this iPhone app has been vaporware for too long- I am going to buy iXpensit while I wait. (Version 1.5.3) | |
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 | Apr 23 2010 |
DONMONTALVO No luck connecting to Bank of America, Chase or RetireOnline. Support for this app is non-existant. I posted to their forum but I don't have time to wait around for a response. A live person would help greatly. So I'll be asking for my $49 back, since the developer gives you 60 days to try it out. Good thing it only took me 20 minutes to decide. Don Montalvo, TX (Version 1.5.3) | |
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 | Aug 8 2010 |
CTYANKEE I have BOA and Chase. Both connect perfectly with MoneyWell. The support is also top notch. They are just a couple of people so they do need to sleep and have a life. Support is not 24/7 but close to it! They usually reply in hours, maybe a day tops. Sounds like you just didn't have things set up right and didn't give them much time to reply. Bit unfair to post a poor review with so little to go on. (Version 1.6) | |
 | Mar 24 2010 |
PCHARLES67 I was not able to get far with this because, like SEE Finance, the application refused to communicated with my banks. In this case I was given an error stating that the institution did not accept connections, yet I am able to make the connection with Quicken Essentials and Quicken for Windows. I suppose it is possible that there is something special about Quicken that these applications lack and that is a shame because it seems quite nice otherwise. However, the inability to correctly communicate with my institutions (Wells Fargo, Emigrant Direct, Sharebuilder.com, and CREF) is a deal breaker. (Version 1.5.2) | |
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 | Mar 30 2010 |
ROBBY.IS.ON I suggest you contact the developer directly to get the issue resolved. :) (Version 1.5.3) | |
 | Feb 13 2010 |
STIKE This app is awesome, and I cant wait for the upcoming iPhone version! Also, this 1.5 Update is a MONSTERUPDATE. Everything has been improved a lot. Love it. (Version 1.5) | |
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 | Feb 12 2010 |
STEFANO CECERE just moved from iBank to MoneyWell ... thank you kevin! this app seems very well done (i've been testing 1.5 beta it in latest months) (Version 1.5) | |
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 | 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 12 2010 |
MISHA 1.5 requires Mac OS X 10.5 (Intel or PowerPC) (Version 1.5) | |
 | 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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