KMyMoney vs Quicken : Which is Better?

KMyMoney icon

KMyMoney

KMyMoney strives to be the easiest open source personal finance manager to use, especially for the non-technical user.

License: Open Source

Categories: Business & Commerce

Apps available for Mac OS X Windows Linux

VS
VS
Quicken icon

Quicken

Quicken is a personal finance management tool. Developed by Intuit

License: Commercial

Categories: Business & Commerce

Apps available for Mac OS X Windows Android

KMyMoney VS Quicken

Quicken is a robust personal finance software that offers extensive features such as bill payment, mobile access, and strong customer support, making it ideal for those who prefer a comprehensive solution and are willing to pay for it. KMyMoney, on the other hand, is a free, open-source alternative with strong budgeting and multi-currency support, making it appealing to users who want flexibility and customization without the cost.

KMyMoney

Pros:

  • Open source and free to use
  • Multi-currency support
  • Active user community
  • Highly customizable
  • Investment tracking
  • Budgeting capabilities
  • Reporting and analytics
  • Import/export data features
  • User-friendly interface
  • Robust financial goal tracking

Cons:

  • Lacks integrated bill payment feature
  • No mobile app available
  • Customer support is community-based
  • Some features might be less polished
  • Can be complex for beginners
  • Limited investment tracking compared to Quicken
  • Less intuitive user interface for some users
  • Fewer advanced features than paid alternatives
  • May require more setup time
  • Updates may be less frequent

Quicken

Pros:

  • Comprehensive budgeting tools
  • Robust investment tracking
  • Bill payment feature
  • Mobile app availability
  • Strong customer support
  • Tax tracking capabilities
  • Cloud synchronization
  • User-friendly interface
  • Debt management tools
  • Recurring transactions management

Cons:

  • Requires a subscription fee
  • Limited multi-currency support
  • No open-source option
  • Less customizable than KMyMoney
  • Mobile app lacks some desktop features
  • No support for user community
  • Bill payment features can be limited outside the US
  • No direct customer support for free users
  • Less flexibility in reporting
  • May be overwhelming for new users

Compare KMyMoney

vs
Financisto vs KMyMoney
Compare Financisto and KMyMoney and decide which is most suitable for you.
vs
GnuCash vs KMyMoney
Compare GnuCash and KMyMoney and decide which is most suitable for you.
vs
Grisbi vs KMyMoney
Compare Grisbi and KMyMoney and decide which is most suitable for you.
vs
HomeBank vs KMyMoney
Compare HomeBank and KMyMoney and decide which is most suitable for you.
vs
Banktivity vs KMyMoney
Compare Banktivity and KMyMoney and decide which is most suitable for you.
vs
Jumsoft Money vs KMyMoney
Compare Jumsoft Money and KMyMoney and decide which is most suitable for you.
vs
Ledger vs KMyMoney
Compare Ledger and KMyMoney and decide which is most suitable for you.
vs
Money Manager Ex vs KMyMoney
Compare Money Manager Ex and KMyMoney and decide which is most suitable for you.
vs
Skrooge vs KMyMoney
Compare Skrooge and KMyMoney and decide which is most suitable for you.
vs
Vosae vs KMyMoney
Compare Vosae and KMyMoney and decide which is most suitable for you.
vs
You Need A Budget vs KMyMoney
Compare You Need A Budget and KMyMoney and decide which is most suitable for you.