Microsoft Money 2002 Deluxe Review

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(More customer reviews)Checkfree, the folks who service online payments for Money and Quicken banks, have mandated a new system that appears in Money 2002 and Quicken 2002: Once you upgrade to one of these products, there's no going back because your bank will change the way they handle your electronic transactions.
Further, Money has made a terrible change in electronic payment processing in 2002: Everytime you enter a new payment, the program puts you on hold while it connects to the bank and downloads the transaction. Yes, you're reading it right: you have to wait for each payment to be processed individually (no longer in batches).
Microsoft Money tech support says that many, many people are screaming about this; so much so that it may encourage the powers-that-be to issue a fix for this version.
Also, the fact that they try to force you to use a Microsoft Passport password is an incredible pain...but it can be disabled. The insidious thing about Microsoft is that they make it unpleasant and difficult to disable (repeatedly asking you, each of the next three times you start the program, if you're sure about your decision not to use Passport).
Otherwise, though, the program is sound. That said, had I known what I now know, I would not have upgraded from Money 2001.
By the way, I'm a Quicken refugee -- got tired of that programs' continuing instability. A friend told me today that Quicken 2002 is a complete disaster...so much so that he emailed the President of Intuit (and got a prompt and personal apology).
Good luck with your choices...

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Microsoft Money 2002 is an easy-to-use personal finance management software application that helps you manage your personal finances, includingbalancing your checkbook, budgeting, reducing debt, planning for thefuture, and managing your investments and taxes. Money Setup Assistantwalks you through initial setup and gets you up and running within minutes.Money Help, the Money user guide, and how-to videos make it easy to getthe most out of Microsoft Money.
You can recover accidentally deleted transactions, mark transactions with a"follow-up" flag, and view date ranges. There are improved online bill payment features, an improved setup wizard, and an enhanced Pocket PC Detector that makes setup and synchronization easy. You will enjoy a personalized Web experience with tight integration with the MSN network and other Microsoft partner affiliate Web sites. There is also automatic connection to banks, withongoing, automatic updates to account registers, even when you are notworking in Money.

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