Mini Technology Review – Quicken Premier 2010

by john on October 28, 2009

I went on a technology bender this week and invested in a number of new gadgets and software. Here are some first impressions of my third purchase, Intuit’s Quicken Premier 2010:

Quicken Premier 2010

I’ve been a Quicken user since 1993. I’ve certainly had my ups and downs with the application, sometimes deciding not to upgrade because I read user complaints, other times not upgrading simply because the functionality differences just didn’t justify it. I had looked at maybe moving to Microsoft Money in the past but since they dropped out of the personal finance software arms race this year I didn’t have to even consider that this year.

I’ve been using Quicken 2007 quite comfortably but had already made the decision this year to upgrade, and the timing was perfect after I upgraded to Windows 7.

So I stopped in at Best Buy on my way home from work and picked up a copy of Quicken Premier 2010. These days the packaging is pretty minimal, a small box just big enough for the CD, a few pieces of advertising and that was about it. No documentation to speak of.

Quicken installed easily and it was a simple matter of importing the backup file I had saved from version 2007. Having 16 years of transactions in there means the import took quite a long time but eventually I was up and running with the new version of Quicken and my old data. Did an internet banking update and everything seemed to work just fine. After exploring around for a little bit I quit the program and went off to other things.

The trouble started the next time I ran the program. It decided it could no longer read my new data file! I found this knowledge base article that told me the problem was the path was long than 39 characters. 39? That’s nuts! I think my path to the data file was C:/Program Files (x86)/Quicken/myfile.qdf, and yes that’s more than 39 but goodness, it’s not like that is some crazy huge path! Anyway, I moved my data file to C:/QCKDATA/myfile.qdf and all was right in the world. I considered C:/QuickenSucks/myfile.wdf but decided it wasn’t that big of a deal. Still, I’ll bet there will be a lot of frustrated Windows 7 64-bit OS users like myself who picked the default path and then get stuck the next time they run the program.

Overall I’m not seeing huge differences between 2007 and 2010, but I’m still glad to have upgraded – 3 years between versions is too much for me. Overall, given the lack of real options for personal finance, I think Quicken is a fine solution. Maybe next year I’ll look at going online with something like Mint, but for now I’m still a Quicken user.

If you want a more in depth review then check out this Quicken 2010 Review.

This week’s mini technology reviews:
Windows 7 Review
HP MediaSmart EX495 Review
Quicken Premier 2010 Review
Quicken Quickbooks Pro 2010
Apple iPod touch 32GB

{ 4 comments… read them below or add one }

Chelsea October 28, 2009 at 8:04 am

Hi John,

Thanks for sharing your observations about Quicken 2010. I’m glad you’ve decided to stick with us after 16 years of commitment -that’s fabulous. If you’re still having any trouble, feel free to reach out – I am happy to get you some help so you can get going on our much easier-to-use Quicken 2010.

Chelsea from Quicken

teendudes October 31, 2009 at 1:31 am

I hope the next time the location I would select might be C:/QuickenSucks/mystuffs. 🙂

bill January 7, 2010 at 3:08 pm

I am using Home and Business version 07. Will the other versions all allow me to do on line banking? I do not want to buy any more program then necessary. I can not fine a good discription of the programs.

LarryD January 24, 2010 at 2:08 pm

I really do not like the policy of only supporting this package for 3 years. After that they discontinue:
o Downloading of financial data from your bank, credit union, credit card, brokerage, 401(k), and mutual fund accounts.
o Online bill pay
o Downloading stock quotes, news headlines and financial information into quicken
o Uploading portfolio information from Quicken to Quicken.com
o Live technical support

I feel as if I’m over a barrel, if I can get a comparable package that does not turn to junk after 3 years I’m gone from the Quicken roster. Maybe my bank already offers something comparable.

In the past, I’ve updated to get new features and bug fixes. Now I have to update because they are turning off the ones I’ve paid for.

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