Money 2002 comes in four versions Standard, Deluxe, Deluxe &
Business, and Suite. Let's quickly look at the overview to help get acquainted
with the product capability.
Ten basic features are found in all four versions:
An additional six features are added to the upper three versions:
Create an electronic checkbook
Schedule and pay bills online
Budget, track spending and view monthly reports
Export to tax software
Synchronize with MSN Money
Receive Advisor FYI financial guidance
Debt reduction planner
Automatically download financial statements
Make smarter decisions on the Web with MoneySide
Prioritize financial goals.
The Business edition has an additional five features suited for the business
Analyze your portfolio
Estimate taxes and capital gains
Lifetime planner for retirement, home buying, college, etc.
Create "what if" scenarios to see how events could effect your finances
Managing your finances with Money 2002 book
Determine target asset allocation.
The Suite edition leaves off the business additives, but includes personal
taxes and legal help:
Automatically categorize taxes for Schedule C
Track receivables and payables
Manage customers and vendors
Track and manage inventory.
TaxCut from H&R Block
Seamless import from Money
Customized interview tailored to individual tax situation
File electronically or print ready-to-file forms
Kiplinger's Home & Business Attorney (Over 1000 document possibilities)
Easy-to-understand video explanations from legal experts
5-volume Home & Business Legal Library.
||Help in the latter two categories is not designed
to replace professional help in either area.
The Deluxe "package" consisted of a CD, a 122 page user guide and a
$20 mail in rebate. The book includes a detailed tour of the various features
of Money 2002, but the CD puts you "hands on," and through the Money Setup
Assistant has you doing things on-screen (while allowing you to follow
along in the book). Since things are suppose to be "secure" in this program,
the first stop was to address password protection.
The rest of the tour will depend on how much information you have to
input (physically or by choice). With a little reading, while working with
the program, I believe a comfortable proficiency level can be acquired
Online financial information management may not be for everyone at this
point, but it appears to be the direction things are moving. As with anything,
the more that is done, the better (and perhaps more secure) things will
Suggested Price: Microsoft Money 2002 Deluxe - $59.95 ($20 mail in rebate
available; plus $10-20 instant rebate at some stores). I would suggest
you download the Trial program from the Web site to see if the program
is for you. If it is, look for the best deal you can find at the major
PC with Pentium 166 MHz or higher processor (PII 300 recommended),
Microsoft Windows 95, 98, 2000, ME, or Microsoft Windows NT Workstation
operating system version 4.0 or later with Service pack 5 (will not run
on earlier versions of Windows), 32 MB of RAM required; 64 MB recommended,
85-165 MB of available hard disk space (165 required if Microsoft Internet
Explorer 5.5 or later is not already installed), Internet Explorer 5.5
is required and included on the CD. An additional 125 MB of hard disk space
is required to run instructional videos and audio from the hard drive.
Internet functionality requires an Internet Service Provider (ISP), local
and long distance telephone toll charges may apply Double-speed or faster
CD-ROM drive. Super VGA graphics card or compatible video graphics adapter.
Super VGA color monitor with minimum of 256 colors. capable of displaying
800 x 600 resolution, 16 bit color recommended. Microsoft Mouse or compatible
pointing device. 28.8 Kbps or higher-baud modem required for internet connectivity
and online banking. Audio board with headphones or speakers required for
audio. Some features require Microsoft Passport (Features were not specified)
Online banking/brokerage options vary by financial institution. Contact
your financial institution for program details. You can only transfer funds
between accounts at the same financial institution. To receive and pay
bills electronically through a third-party Internet Bill Delivery and Payment
Provider, a checking account with a financial institution in the United
States and Internet access are required, as well as other additional requirements
as indicated by the third-party Internet Bill Delivery and Payment Provider.
Online receipt and payment of bills through Internet Bill Delivery and
Payment Providers is subject to availability by these third-party providers.
Microsoft Money 2002 exports to any tax preparation software product that
can read text (.TXT) format and Microsoft Money files, including TaxCut
The Converter Wizard for Quicken files in the U.S. version of Money 2002
will convert files from Quicken U.S. versions 4-9 and Quicken 2001.
To use Money for the Pocket PC you need a Pocket PC 3.0 or later, running
Windows CE 3.0 or later, Microsoft ActiveSync 3.1 or later, and 500 KB
As with all Microsoft products, you must accept the enclosed License Agreement
before you can use the product. If you do not accept the terms of the License
Agreement, you should promptly return the product for a refund. Internet
product registration is required for specific online functionality.
For Internet access:
One Microsoft Way
Redmond, WA 98052-6399
directory for general information; or /money for the latest on MS Money.