RE: Quicken Starter Cost

How much does it cost to purchase and implement Quicken Starter?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Accounting.
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1 Answers

Software price

Quicken Starter is priced at $34.99 per year for a single user license.

Plans compared

Quicken offers three main plans: Starter, Deluxe, and Premier. The Starter plan includes basic budgeting and bill management features, while the Deluxe plan adds on features like tracking investments and creating a customized budget. The Premier plan includes advanced features for managing investments and rental properties.

Plans fit

The Starter plan is best suited for individuals or small businesses looking for basic budgeting tools. The Deluxe plan is ideal for growing businesses that need more advanced budgeting and investment tracking features. The Premier plan is designed for larger businesses or individuals with complex financial portfolios.

Other costs

Quicken does not have any implementation costs as it is a downloadable software that can be set up easily. Customization costs are minimal as the software is designed to be user-friendly. Training costs are also low as Quicken provides tutorials and customer support to help users get started.

One time fees

There are no specific hardware requirements for Quicken, so there are no additional one-time fees. Users may need to purchase the software separately for each device they plan to use it on.

Alternatives compared

Compared to alternatives like Personal Capital, Mint, and YNAB, Quicken Starter is competitively priced for its basic budgeting features. However, some alternatives may offer more robust investment tracking or reporting capabilities at a similar price point.

Verdict

Quicken Starter is a budget-friendly option for individuals or small businesses looking for basic budgeting tools. While it may not have all the advanced features of its competitors, it offers good value for the price. I would give Quicken Starter a pricing grade of 85 out of 100.

Vice Professor Answered on July 3, 2024.
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