8/31/2011

Microsoft Money 2007 Deluxe Review

Microsoft Money 2007 Deluxe
Average Reviews:

(More customer reviews)
Microsoft has recently launched the 2007 version of their Money product. Money 2007 (M2007) Deluxe has been available as a trial version on Microsoft's website even a week before the official version was available in Retail Stores. I strongly advise everyone considering a purchase or an upgrade to take advantage of this Trial version, before buying the product. It is good for 90 days and has few limitations.
I have been using Money 2006 (M2006) Premium which is essentially the same as M2006 Deluxe, execept for some special offers. I installed M2007 and told it, NOT to remove my M2006 installation. Since M2007 upgrades the data file to a new format that is incompatible with earlier versions of money, I made a copy of my data file to be used with M2007, so I could still access my data through both versions. When I started M2007 for the first time and selected the newly made copy of my data file, M2007 converted this file to its new format without any problems and saved a copy in M2006 backup file format.
Overall M2006 and M2007 are extremly similar. Looking at the kind of things I use Money for, there is NO difference whatsoever. They both have the same minor shortcomings/bugs and their behavior is indistinguishable from one another. I do not download online statements, so I cannot say, if that area has been improved. Also M2007 has a new kind of "Spending and Savings budget" feature, which is the only noticable change compared to M2006.
All things considered, M2007 does not add much (if any) value over M2006, so I will only give it 3 stars. If you haven't upgraded in a while, consider M2007, since it seems at least to be stable (which couldn't be said, i.e. for M2005). If you haven't used Money before, then M2007 seems like a good version to start. But don't forget to try before you buy! Go to Microsoft's website and search for the Money Trial version.

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Microsoft Money 2007 Deluxe brings all your personal accounts – banking, credit and investment – in one place and provides the tools you need to improve your credit and debt and tackle tax time with ease, so you can spend less time worrying about your money and more time enjoying it.

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