Microsoft actually replaced Money in 2010 with a free version called Money Sunset Deluxe although there’s no Mac version of that either.
However, there are plenty of other options for Mac users to manage their finances, from free Cloud based apps to personal finance software designed specifically for Mac.
In our research and testing, we found that Empower is the best alternative to Microsoft Money for Mac because it’s FREE, is much easier to use than MS Money and does a much better job of tracking your finances.
Here then is our list of the best replacements for Microsoft Money on Mac in order of ranking.
Moneyspire (formerly Fortera Fresh Finance) is an extremely well put together personal finance software that has a native Mac desktop client.
Moneyspire is focused more on managing your day-to-day finances in a straightforward no-nonsense way.
One of the big attractions of Moneyspire is that it doesn’t force you to store your financial data online or in the Cloud although you can if you want to enjoy syncing with iOS devices.
Unlike personal finance software such as Quicken for Mac, it also doesn’t tie you into any annual subscriptions to keep using it although again, you can choose that model if you want.
You can also import MS Money files in CSV format into Moneyspire very easily.
The interface of Moneyspire keeps things very simple by not overwhelming you with information – it’s basic but informative with all essential financial data at your fingertips.
Moneyspire can pay bills automatically with the Direct Connect service, generate reports, forecast balances and reconcile accounts.
Note however that Direct Connect is increasingly being phased-out by banks in favor of Express Web Conect+ (EWC+) which Moneyspire does not support.
If your bank does not support Direct Connect anymore, you may still however be able to connect to your bank via Moneyspire Connect which is a free syncing tool included with Moneyspire.
It does not however support Bill Pay or transferring funds between accounts within it though.
What we like most about Moneyspire is that it feels like it puts the user first, giving you control over both the storage of your finances and the payment model you prefer. It also doesn’t complicate things unnecessarily with features you’ll probably never need.
Getting Started With Moneyspire Personal Finance Software
Banktivity (formerly iBank) is a popular personal finance application with a desktop app for macOS.
In fact Banktivity is designed exclusively for Apple devices and the only budgeting software for Mac which works across Mac, iPad, iPhone and even Apple Watch.
Banktivity can automatically download transactions from your Bank either via its own Direct Access service (although this costs extra) or by using Banktivity’s built-in browser.
Its Direct Access service supports around 10,000 banks although the reliability of this service often depends on changes your bank makes to security regarding access by third-party apps and type of account.
401K accounts for example are known to be particularly fussy about connectivity with external apps.
Banktivity can track investments, credit cards, savings accounts, mortgages and pretty much most standard types of financial interest you have.
You can attach receipts to transactions, print checks and using the Direct Access service, pay bills automatically.
You can also generate some quite detailed reports based on your net worth to see exactly where your money is going.
There’s also an iOS app which allows you to track and manage your net worth on the move and syncs with Banktivity’s cloud sync server.
Banktivity costs $49.99 but bear in mind if a Direct Access subscription costs an extra $44.99 annually on top although there are also cheaper 90 day or 30 day subscriptions.
We recommend trying a 30 day subscription first to ensure that everything works smoothly with your bank.
If want a spreadsheet alternative to Microsoft Money then take a look at Tiller.
Tiller is an automated spreadsheet software that automatically fills in spreadsheet budgets as you fill it in with your financial data.
If you like to use Microsoft Excel or Google Sheets to track your net worth, Tiller can automatically extract data from them and then correlate and organize them into budget spreadsheets and dashboards.
Microsoft have even recommended Tiller to those that use Money in Excel or Microsoft 365 subscribers (formerly Office 365) as a way of processing financial planning data in its apps.
Tiller provides a range of templates to get you started or if you’re already spreadsheet savvy, you can start from scratch.
Tiller can be used to track almost any financial data you want from your net worth to budgets.
It does take some time to setup and use, especially if you don’t use one of the templates but it’s extremely customizable compared to Microsoft Money as you can track anything in it.
Tiller can also be used to generate reports and dashboards rather than having to pour through data heavy spreadsheets.
Most recently the app has added a Spending Trends dashboard to keep a track of where your money is going with useful dashboards for annual and monthly budgets.
Like as with Microsoft Money, none of your data is stored in the Cloud with Tiller – it’s all processed in a spreadsheet on your desktop.
If like the spreadsheet approach to budgeting then Tiller is an excellent alternative to Microsoft Money for Mac.
When it comes to intelligent investment tracking, M1 Finance is one of the most empowering apps out there for growing your money fast.
Even better you can use M1 Finance for free to automatically invest your stocks and ETFs.
Some of the things that make M1 Finance the best alternative to Microsoft Money on a Mac are:
No investment management fees, highly customizable portfolios and rock solid security
It makes investing understandable for anyone and optimizes your investing for the long term so that you can retire earlier.
M1 Finance spreads your portfolios into themed pies based around specific industries and works on the principle of fractional shares and intelligent automation to invest your funds.
M1 is also unusual in that it allows you to borrow from a margin account based on your portfolio with some very attractive borrowing rates compared to major lenders. In fact you can borrow up to $10,000 from M1 with no extra paperwork or admin required based on your investment pies.
We also like the fact that you can setup direct deposits and even spend with an M1 debit card so you don’t have to transfer everything to your checking account if you don’t want to.
If you’ve been using Robinhood to manage your investments up until now, you’ll find M1 Finance a breath of fresh air with many former Robinhood users happy they switched.