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Add to SafariWhen comparing Moneydance vs MoneyWiz, the Slant community recommends Moneydance for most people. In the question“What are the best cross-platform budgeting apps?” Moneydance is ranked 11th while MoneyWiz is ranked 16th. The most important reason people chose Moneydance is:
Moneydance supports a good selection of formats, even ones that Quicken no longer does.
Question Ranking
Pros
Pro Good selection of importable formats
Moneydance supports a good selection of formats, even ones that Quicken no longer does.
Pro Free trial version
Moneydance offers a free trial version so users can test the software before they decide to purchase.
Pro Cross platform
Moneydance is a cross platform app so for those that use multiple operating systems it will be much easier to import and export information to each OS running the same financial application.
Pro Budgets
Set up budgets and MoneyWiz will automatically monitor transactions and assign them to the proper budgets. Envelope budgeting is also available.
Pro Usage reports
Tons of reports will give you a perspective on your spendings and earnings, that you never had before! MoneyWiz also allows you to build custom reports based on what you want to know about your money.
Pro Apple Watch support
The iOS version of MoneyWiz supports the Apple Watch, for a quick and easy glance at your finances.
Pro Apple Watch support
The iOS version of MoneyWiz supports the Apple Watch, for a quick and easy glance at your finances.
Cons
Con Import tags all transactions on import under the same default category
Upon import of financial info, all transactions will be set to the same default category meaning the user will have to go back and change the category by hand to the correct one.
Con Costs money
Unlike most applications for Linux Moneydance does cost money, $49 to be exact. So while it is the most robust option available to Linux users, it will cost to be able to use it.
Con Limited free version
The free version doesn't include all of the features which are included in the subscription.
