Though Intuit is suggesting that new customers purchase Quicken Essentials for Mac, it looks like it would be theoretically possible to just purchase Quicken 2007, though Macworld has yet to.

2:28 A year ago at the Intuit booth at, Quicken founder Scott Cook. It contained a beta version of the company's long-overdue update of the Mac version of Quicken, called Quicken Financial Life. Eagerly awaiting its release were Mac users who needed a personal finance app with some meat on its bones. They were getting frustrated with Quicken's maker,. The ancient, which was the last new version of Quicken for the Mac, was so unloved that you didn't have to look far to find people running Windows (inside Parallels or VMWare Fusion) on their Macs just so they could use one of the grown-up versions of Quicken that was available for the PC. QFL never saw the light of day. It was unloved even inside Intuit.

Before the product could make it out of beta,, the upstart online personal financial information company. Mint's CEO, Aaron Patzer ( ), became the general manager of Intuit's Personal Finance Group, and took as one of his first jobs overseeing the re-creation of Quicken Financial Life into Quicken Essentials.

Features were dropped from QFL, the interface was redesigned, and Patzer made sure new users could set up the product in 10 to 15 minutes., the first new version of Quicken for the Mac since 2007, finally ships Thursday, at a retail price of $59.99. Quicken Essentials takes a page from Mint in its approachability (sample data used). Screenshot by Rafe Needleman/CNET. The app is a modern financial product. It's approachable instead of feature-laden, and in most areas it's very Mac-like. It's clearly not a Mac port of the Windows version of Quicken that old fogeys like me are accustomed to.

It's missing features like bill payment, and it's no good at tracking investments. In exchange for its limited feature set, Quicken Essentials gets ease of use. It is very easy to set up if you're starting from scratch. Once your accounts are hooked in, an Overview page gives you a super-clean Mint-like screen that shows you where your money is going to and coming from. Patzer says Quicken is very smart about automatically categorizing expenses so you can identify your habits accurately. It aggregates categorization corrections from other users to continuously improve its performance (the Windows version, by contrast, uses Yellow Pages lookups).

Like the, Quicken Essentials will show you activity in individual accounts or in a combined ledger with everything. But its real benefit is its budgeting tools.

Here again its smart categorization helps a lot: It does a good job of analyzing your spending habits to help you create realistic budgets, and it has a good, simple screen to keep track of them. As I said, Quicken Essentials doesn't do bill payment for you. How to show the equations for trend line in excel for mac. Patzer says that only 6 percent of Quicken Windows users use this feature; most people today pay bills either through their banks' online systems or at the site of the companies billing them. Quicken Essentials is also a miserable product if you want to keep track of investments. You can't even enter investment transactions manually.