Updated: Friday, 15 March, 2019
What is the difference between Quicken Software & Mint Software?
Quicken vs. Mint: An Overview
Quicken being a desktop application can be installed locally on your Windows or Mac pc. If you desire to have full-service finance software, you must go for this. It provides you with the facility to make payment of bills, keep the record of your money as well as create the budget for you. Also, it permits your desktop software to sync up with the mobile app.
Whereas Mint app was first introduced 12 years back i.e. in 2006. Intuit acquired it in the year 2009. It is called a free online-only personal finance app and is a cloud-based service. Hence, it can be accessed through any of the web browsers or mobile app. Please note that if you use Mint, your financial data gets updated
automatically, whenever you visit through the site.
Just have a look at their respective features:
-Help users to reconcile bank statements that allow them to check recorded transactions against the bank statement.
- You are allowed to keep information on your own pc.
- Retirement planning is also offered.
- Now, it's easy to generate tax reports.
- Bills can be paid easily.
- The alert message is provided via email or text. Also, suggest its users the way to prevent money on transaction fees.
- Able to track credit score.
- Investment tracking facility.
- Helps you to ascertain your net worth.
- Easily accessible by an Apple Watch.
It's absolutely true that both the app provide you good budgeting facility. So, it can be said that there is a tie between them when we talk about budgeting.
The two stages provide programmed synchronization of user's bank, Mastercard and credit a/c with numerous monetary establishments. Well, for synchronization Quicken is better than Mint. Mint backings seem to have specialized issues with synchronization.
Quicken, however, on the ground that it makes use of Intuit’s online administrations, may have comparative synchronization errors.
Cost: In case, Cost is the deciding factor, the Mint would be recommended. As it involves no concealed expenses. Consider how Mint is beneficial through the given points.
- Pennant advertisement can be seen at the site that gives you income also.
- For little charges, you can agree to accept the premium access shockingly report.
Details regarding money are provided by Mint to different suppliers. It can be: shopper spending, the normal Visa adjust, what number of retirement accounts a client may have, and so on. The details are collected secretly and doesn't refer back to any client. In short, Mint is far better than Quicken, when it comes to cost factor.
Security: It is a prominent factor when you are going to use an individual budgetary program as it unveils all your monetary life. If we look at both the app from a security point of view, it’s around web-based administration v/s privately introduced programming on your PC.