Thread: Investing 102
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Old 07-29-2015, 07:42 PM
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SSLance SSLance is offline
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I use Quickbooks for my company's books and Quicken for my personal bookkeeping. Quicken is much more user friendly than Quickbooks. I describe it this way, Quickbooks is more two entry accounting style whereas Quicken is more single entry accounting.

If you purchase a copy of Quicken, make sure you get the upgraded version that tracks investments (think mine is 2014 Home and Business). Setup is pretty simple and you can use it for as much or as little as you want. I download all transactions straight into it from my banking and investing institutions with one click, review and accept them. Once you get all of your regular transactions memorized inside, transaction entry goes pretty quickly.

I track every banking transaction...want to know how much I spent on gas in 2004...takes me about 30 seconds to run the report. You don't have to go to that detail, but it's good to know you can if you want too.
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