Jumsoft’s Money for Mac
  • Editor Rating

  • Rated 3 stars
  • Good

  • Jumsoft’s Money for Mac
  • Reviewed by:
  • Published on:
  • Last modified: Nov 9, 2013

Review Summary:

PROS: Feature-rich. Connects online to download up-to-date financial information. Integrates Foursquare in some innovative features.

CONS: Confusing interface. Should be much more graphically polished.

Applications which let you track your household’s money flow can be very helpful, it can create some time-saving actions and became a real productivity tool. By now you must have heard about Quicken, which was probably the most used money management application for many years. However, since Apple introduced Mac App Store, many small software developers got a great chance to reach millions of potential users and this made some applications, which were recently unknown, very profitable.

In this article we are bringing you a review of Jumsoft Money – available in Mac App Store for roughly $40. There’s also iOS version available, but you’ll need to purchase separate licenses.

Money lets you set-up separate user accounts in which you can create bank accounts, credit card information, investments, assets and loans. This application has ability to create several types of financial data files, so several users can access the same file, but this seems a bit problematic to set-up and use, especially for users who don’t have any past experience. Just like with any other money management application, these are starting information which are needed to access the rest of the features. Some of these features, Money-specific, are budgeting, scheduling and investment tracking.

Most users use money management software to help them create budgets in order to achieve some financial goals. Budgeting with Jumsoft Money is easy to handle, but the information could be presented in a bit more visually pleasing manner. This is a problem which occurs with Money in almost every aspect of its interface. Information is mostly presented in a spreadsheet-like manner, which is simply boring and uninteresting. When information piles up, it can become very hard to find your way through.

 

If you manage to find your way through, and keep all your financial data in sync over the internet, you can make use of Money’s scheduling and reporting. Schedules can be added for you to be reminded of occurring payments, which is a standard tool for money management apps.

 

Money also integrates Foursquare to help you find payees, which lists all nearby businesses. This features works well with ability to add Contacts, so you can assign your money flow to a specific person in case you expect some income or expense. This feature works well and you can add a lot of financial data to it, but just like the whole Money, it can be a bit more polished and nicely designed.

Overall, Jumsoft Money is financial management application which could be put to a good use. Still, it seems confusing most of the time, and it isn’t exactly user friendly. This is a problem since it costs roughly $40, while you can find some more polished and better solutions for less money.

2 COMMENTS

  1. This is a ***horrid*** money management product. Perhaps I have been spoiled (I am a Mac user who has been abandoned by Quicken) but it should not take me an hour to balance a simple checking account. Money does not properly read account imports from my bank and turns expenses into income, which I then have to manually change in every transaction. It does not let me view check or transaction numbers while I am reconciling, forcing me to look up each and every check that I have written in order to match it up. I have tried printing checks, and sure, it prints checks, but I don’t know which forms Jumsoft is expecting me to use–there is no place to format a or adjust the print layout, or to order checks that are compatible with this product. So, I will be hand writing checks, hand entering checks and hand reconciling them. This product is neither intuitive or user friendly, and has taken me back to the dark ages of pre-computer banking. And believe it or not, I am not a stupid person. I have spent hours getting my accounts set up in this program, and even after all of the effort I have put in, I am willing to do it all over again with a new product that actually helps me rather than slows me down. There must be SOMETHING out there that compares to Quicken.

  2. I really wanted this to be similar to mint.com but for my desktop. Oh good heavens did I sit and fantasize about opening up a program and having it sync all my accounts. Then I could sit and lord over my finances with an iron fist, I could know what I’d spent money on and what I have in my budget to spend more money on. OH, and the time saved from not having to log into my mint account would be seconds. Everyday, those seconds would add up to minutes and sooner or later I’d have myself a whole 18 minutes all to myself. Oh, the dreams I had.
    But, I was younger and dumber 10 minutes ago than I am now, a whole 10 minutes later. This software came with a machiest bundle, and perhaps it would be nice. But it doesn’t sync anything, you have to manually enter everything each and everytime you purchase and it essentially does absolutely none of the mint.com things I was hoping it would do. Thus, it is like balancing your accounts on a computer screen, the way you did in 1995 in a checkbook. And in 1995 I bet this would have blown people’s minds to smitherings. But it’s not 1995. It’s not 2005. It’s actually 2013. And mint.com is out and sync’s accounts and works and doesn’t cost (free) and or $40. I did email them and informed them that nothing sync’s. They told me in a day or so it will. And it’s been a month. So, it’s deleting time now.

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