Quicken is now available for Mac and Windows, and it is making a buzz in the accounting field because of its advanced tools and applications. With some new additions and advancement to the existing features, Quicken promises for more benefits and conveniences this time. The latest edition comes in featured with a contemporary interface, which is somehow more convenient to read and find the elements. It is a fully featured mobile application that includes new investment, reporting, and bill pay capabilities.
Here in this write-up, we will have a look at the way how Quicken for Windows is going to enhance your personal financing. Here are some important points that you should learn before you switch over to the latest edition. Though this is a shortened guide over the latest Quicken, however you can also contact Quicken support center by dialing Intuit support phone number for Quicken and get the product information on all new Quicken Read more at:-
http://intuittechsupportcenter.us/
2. Access to Quicken Customer Help +1(888)-586-5828 to Resolve Abrupt Issues
http://intuittechsupportcenter.us/
2. Access to Quicken Customer Help +1(888)-586-5828 to Resolve Abrupt Issues
It doesn’t matter how advanced edition of Quicken software you are using, there is always a possibility to encounter technical issues with the accounting software. Users from across the globe have identified some types of technical glitches in terms of several aspects. Right from tracking investments to creating reports, your Quicken is always exposed to some common issues. But you don’t need to get worried in any manner; there is also a technical solution in place to help you get rid of all challenges in a real time.
Quicken tech support service providers have come up as the most reliable source for accessing a real time solution for Quicken issues. In case of any abrupt issue and you need an immediate solution, you can reliably trust upon the technicians who make the best us of their available resources and advanced helpdesk mechanism. Read more at http://intuittechsupportcenter.us/Now resolve Quicken issues through Quicken customer service team by visiting www.intuittechsupportcenter.us/ and get Quicken technical support helping customer to troubleshoot Quicken problems and errors.
YNAB vs. Quicken
Do you need a budget or are you looking to invest in a more advanced money management tool? That’s the basic difference between YNAB and Quicken. Below we’ll take you through the features to help you choose which is best for you.
YNAB and Quicken are two of the most popular budgeting platforms available. There are numerous similarities between the two platforms. Both provide budgeting, and give you the ability to take greater control of your finances.
YNAB focuses additional efforts on helping you to get out of debt, as well as saving money. It’s an excellent budgeting platform if you’re looking to build a basic foundation for your finances.
Quicken goes a step farther. They provide several different plans, two of which provide greater support for more advanced financial functions, like investing or running a small business.
Each can work well for you, depending on what your own situation is, and the financial goals you hope to achieve going forward.
Review: YNAB vs. Quicken YNAB
Short for You Need A Budget, YNAB is one of the better established budgeting tools. It was launched in 2003, mainly as an app for the owner and his wife to maintain their own budget. When they saw how effective it was, they launched it to the general public.
It provides all necessary budgeting tools, plus abundant support and educational resources. The app attempts to be a full-service budgeting and financial management platform, that helps you to become gradually better at handling your finances.
YNAB has steadily grown to be one of the most popular budgeting platforms there is. They claim new users can save an average of $600 in just the first two months, and over $6,000 in the first year.
The YNAB program is built on a foundation of four basic rules:
Rule #1: Give Every Dollar a Job
The basic idea is that you establish from the beginning specifically what you want your money to do for you. In the process, each available dollar is assigned a spending category. This rule gives you a chance to determine beforehand how and where your money will be spent. The purpose is to put you in full control of your spending activity.
Rule #2: Embrace Your True Expenses
This rule requires that you budget for large expenses. These aren’t unexpected emergencies either, but rather large and maybe irregular. It requires that you budget for this expense in advance. An example can be a large annual insurance premium, or an upcoming vacation.
The purpose of the rule is to take those expected large outlays, and blend them more efficiently into your regular budget. That prevents them from becoming budget-busters once they hit.
Rule #3: Roll With the Punches
This rule is one of the basic principles that sets YNAB apart from other budgeting apps. It requires that you build flexibility into your budget.
For example, it’s very common to go over-budget in any single spending category. But this rule requires that you make adjustments in other spending areas to offset the higher-than-expected category. If for example you spend more on car repairs than you budgeted for the month, you move money out of other categories, like groceries, entertainment, and gifts. The specific expense categories vary, but the overall budget remains intact.
Rule #4: Age Your Money
This rule is highly unconventional. YNAB wants you to work toward being able to spend last month’s income this month. Put another way, it keeps your income one month ahead of your spending.
This makes total sense. The most basic purpose of a budget is to create extra room in your finances. By getting to the point where you’re always at least one month ahead of your expenses, your entire financial situation begins to open up.
The philosophy behind this rule is to move you steadily away from living on the financial edge. It will force you to build savings, and to get away from the usual paycheck-to-paycheck existence that causes so much financial stress.
In this way, YNAB fully recognizes the intimate connection between emotions and finances. Brilliant!
YNAB Features and Tools
With the four basic rules firmly in place, YNAB offers the following features and tools to help you work within those roles:
Goal Tracking: YNAB directs you to set monthly funding goals, which will enable you to break your long-term goals into smaller, more manageable ones. In this way, they attempt to make seemingly far-off and difficult goals more achievable through short-term action steps.
Real-time Information: YNAB makes it easy to use for couples. You can access real-time data online or on the app at any time so you always know where you’re at with your budget.
YNAB Workshops: YNAB provides daily online classes to help you manage your finances. Some of the topics include:
YNAB Investment Features: This is one of the weak spots in an otherwise strong financial management platform. YNAB helps you to get control of your finances, to get out of debt, and to begin saving money. But they don’t offer any resources or tools to move you to the next level, which is investing.
Visit YNAB
Read More: YNAB Full Review
One of the primary benefits of working with an app like Quicken is that your information is stored on your own computer. That means there’s less likelihood of a data breach through Quicken itself, or some form of cloud storage capability.
Unlike YNAB, which offers a single program for all users, Quicken has four separate plans. Each is designed to meet a user’s specific financial profile, providing tools and resources that will meet those needs.
The four plans are as follows:
A description of the features in the above plans is discussed below. Just be aware that the tools and features you will have will depend on the plan you select.
Get Quicken on Amazon
Quicken Features and Tools
The budgeting function is available on all four plans. It allows you to create a budget and the track your spending. Expenses are categorized automatically, and all data can be directly exported to an Excel spreadsheet. And as is typically the case for budgeting software, all your financial accounts are synchronized on the Quicken platform.
Your budget is based on your actual spending history. From there, you can customize your spending categories, which will help you to establish goals.
The platform can even forecast future balances. As well, you’ll be provided reminders to pay bills and given the ability to know exactly how much money you have available in each account.
Quicken Bill Pay: Pay bills from any checking account included on the platform. Bill Pay is available only on the Premier and Home & Business plans.
Track the market value of your home: Enter your home address, and Quicken will continually update the estimated market value of your home. Once again, this feature is available only on the Premier and Home & Business plans.
Related: Personal Capital vs. Quicken
Quicken Investment Features: These are available only on the Premier and Home & Business plans. With them, you’ll have the ability to:
Business & property management features: Available only with the Home & Business edition, and include:
Free credit score: You will have access to your quarterly Equifax Vantage Score. (Not available on Quicken for Mac.)
Turbo Tax export capability: You can export your Quicken data directly into Turbo Tax for tax preparation.
Read More: Quicken Full Review
Pricing: YNAB vs. Quicken YNAB
YNAB is available in a single price, of $7 per month. And if you prefer, you can instead pay $84 for the entire year. That will remove one more item from your monthly budget.
Quicken
Each of Quicken’s four different plans has its own pricing structure. The packages and pricing, as well as the specific features they offer are as follows:
Pricing accurate as of June 13, 2019
Quicken also provides a 30-day money back guarantee if you’re not satisfied with the product. You also have the option to change from one plan to another at any time.
YNAB vs. Quicken: Customer Service YNAB
Unfortunately, customer service is another weak spot with YNAB. There is no direct phone or email contact available, though they do offer live chat. However, live chat responses are delayed up to 24 hours (which really negates the “live” part).
Alternatively, they do offer FAQ pages and Help Docs, as well as a community forum, that will help to answer the most basic questions.
Quicken
Quicken provides live chat through the My Pure Cloud app and phone support. Like YNAB, Quicken has a FAQ page, Common Help Topics, and the Quicken Community, to help you answer basic questions, as well as share problems and solutions with other users.
Related: Moneydance vs. Quicken
YNAB vs. Quicken: Synchronization YNAB
With YNAB you can direct import your account information from more than 12,000 financial institutions, using the YNAB Direct Import tool. As is typically the case with financial management platforms, you’ll need to enter your login credentials for each account you add.
One of the downsides of the YNAB synchronization process is that it will only import the most recent balance from an account. Your previous account activity will not be imported. Activity will only begin recording as it occurs, and then within 24 hours of clearing your account.
If you can’t locate your financial institution, you can use File-Based Import instead. This feature will be particularly useful if you live outside the U.S. or Canada. QFX, OFX, QIF and CSV files can be imported.
You can select the account you want the transactions imported into, and even include or exclude transactions before your account start date.
Quicken
With Quicken, your account information either populates automatically or you can enter it manually. The platform is synced with more than 14,500 financial institutions. Chances are the ones you deal with our already synced on the platform.
Related: Quicken vs. Mint
YNAB vs. Quicken: Accessibility YNAB
The YNAB app is available for both Android and iPhone mobile devices. It’s also available for iPad, Apple Watch, and Alexa. Each can be downloaded at either Google Play or iTunes.
Quicken
The Quicken mobile app can be downloaded on your iPhone, iPad or Android devices, from either the App Store or Google Play. The mobile app provides alerts and notifications of changes in individual accounts. It also gives you the ability to make mobile check deposits, simply by taking a picture of the check.
YNAB vs. Quicken: Promotions YNAB
YNAB is currently offering users the ability to try the service free for 34 days.
And that’s not all. In addition to the 34-day free trial, YNAB is offering one year free for students. It applies to both high school and college students, whether you’re full-time or part-time.
Quicken
Quicken is currently offering a 40% discount on their Deluxe, Premier and Home & Business plans, which is reflected in the current basic pricing. (Discount accurate as of June 13, 2019.)
The discount applies only for the first year, and does come with a 30-day money-back guarantee.
Bottom Line – YNAB vs. Quicken
YNAB and Quicken are two excellent platforms, and you can’t go wrong with either. It really depends on what you hope the service will do for you.
If you haven’t set up a budget, feel like you’re carrying too much debt, or are unable to save money, YNAB can help. Their four Rules will help you gain proper perspective on your relationship with money. But they’ll also help you get better control of what you do with your money, and enable you to focus on paying off debt and saving money for specific goals.
We really like the Age Your Money concept, and feel this makes YNAB a service well worth having. The idea of moving your income at least one month ahead of your expenses is a financial game changer. Properly executed, it will move you out of the depressing world of paycheck-to-paycheck financial existence, and on to a place where good things start to happen.
Quicken is the better platform for people with more advanced financial situations. It’s easily the better service for someone with investments. For example, the Premier or Home & Business plans provide advanced services to help you manage your investments and provide accurate tax reporting–especially if you use TurboTax to prepare you taxes.
The Home & Business version is even more specialized. It’s designed specifically for those who are either self-employed or own investment property. This moves Quicken well beyond the realm of budgeting software. And the low, flat annual fee is highly cost-effective for people with more complex financial situations.
Need More? Quicken Alternatives
If you’re looking for basic budgeting, and getting out of debt, you’ll be better served with YNAB. But if you’ve already moved beyond that point, and you’re into managing investments, Quicken will be the better choice.
Topics: Budget • Money ManagementHot Seat: Austin Niemiec of Quicken Loans on partnering with mortgage brokers
Housing Wire sat down with Austin Niemiec, executive vice president of Quicken Loans Mortgage Services, to discuss the secret to the company's success, the state of the mortgage industry and how mortgage brokers can benefit from utilizing technology to maximize efficiency and grow their business.
Housing Wire: Why does QLMS partner with brokers and what have the results been from these relationships?
Austin Niemiec: Quicken Loans works with a lot of people who want to get their mortgage online or over the phone, and they
do a great job of helping those folks. However, there’s also a big segment of the market that prefers face-to-face contact or local lenders.
do a great job of helping those folks. However, there’s also a big segment of the market that prefers face-to-face contact or local lenders.
QLMS partners with brokers, credit unions and regional banks to provide them access to our award-winning technology and processes so they can focus on building and maintaining the relationships with their clients. With our help, loan originators can close more loans with less overhead, and differentiate themselves from their competition.
Our process is clearly one that our partners appreciate, and it’s gaining serious momentum in this space. We’ve doubled the number of partners in the last year, growing from 2,500 to over 5,200. They are also taking advantage of our industry-leading pricing and the high-level service we provide.
Because of all of this, we’ve seen a 230% year-over-year increase in loan volume when comparing Q2 2018 to the Q2 of 2019.
HW: You mentioned providing technology and other services. Can you elaborate on how you support your partners?
AN: One of the things we’re very excited about is our Pinnacle Program, which was launched in July 2018 as an exclusive program for our top partners. These partners have first access to the newest and most innovative tools, resources, expertise and marketing to help them grow their mortgage business.
When Pinnacle launched last summer, it had 28 partners. By August 1st of this year, the program now stands at 320 partners.
HW: What do you consider to be the secret sauce you can give brokers who partner with you?
AN: This industry is more competitive than ever. I think technology and expertise are most key as borrowers and realtors are looking for speed and reliability.
One of our powerful tools at QLMS is “The Answer.” It’s a multi-million-dollar technology platform we give our partners, for free. Think of it like having an underwriter at your fingertips at all times. Instead of thumbing through hundred-page guideline packets, or calling underwriters during business hours for answers, we’ve taken all the brainpower of our best experts and put them into a search tool that provides clarity in seconds, 24/7, 365.
You ask it questions, it gives you answers. Every day we see examples of partners approving loans that would have been denied because they checked The Answer and quickly learned of changes to the guidelines for the loan product they were offering.
Our technology also speeds up the process and makes things more transparent for loan officers. For example, we are unique in the fact that we take care of third-party vendor items for our partners, like VOEs, payoffs, homeowners insurance, etc. Not only do we do the heavy lifting, we provide 24/7 status visibility of these items on our portal. We do the work, and partners are in the know all the time.
This ensures that loan officers are communicating real time info to clients and realtors, creating a better experience, and increasing repeat business. We’re seeing successful closings also lead to more referrals for our partners because their clients see them as their go-to mortgage resource. It’s a winning formula.
HW: What do you see as the ideal relationship between lender partners and Quicken Loans?
AN: Our goal is to provide intense support for our partners by delivering game-changing technology, incredible efficiency/visibility into the loan process, competitive interest rates, and world class AEs.
When we do this, it allows our partners to spend their time and energy doing what they do best – building great relationships with clients, Realtors and referral sources, ultimately winning them more business.
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