Moneydance vs MoneyWiz Comparison

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Moneydance

Personal Finance Software

4.1 7 user ratings

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84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

MoneyWiz

Personal Finance Software

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Overview

Description

Moneydance is a personal finance management software that helps individuals with money management, bill payment and investment tracking facilities. People can use Moneydance to manage their preferred currencies with ease. The software automatically downloads transactions and makes online bill payments in a hassle-free manner. It also categorises the transactions and removes the ones that are not important. Users can access information related to account balances, upcoming and overdue transactions and exchange rates as per convenience. The software includes various graphing tools that can generate visual reports of income and expenses. These visual reports can also be saved into PNG files and can be printed on paper. Moneydance gets a notebook like user interface, but here the calculations get done automatically. Users can create a schedule for future or periodical payments and the software will send automated reminders from time to time. Moneydance also works well to record information related to investments in stocks, bonds, CDs, mutual funds and more. Read more

MoneyWiz is a powerful personal finance tool that helps the user keep track of their finances. It offers direct sync with more than 20,000 banks across 50 countries. MoneyWiz also works with Plaid, Yodlee, and SaltEdge as an added advantage. Its features include compact layout, easy swipe across categories, bulk edit and delete, intuitive display, smart analytics on credit utilization, and balance available. The tool offers users customizations in terms of colors and logos for each category. MoneyWiz allows users to easily modify the existing shareholding to adapt to any share split or even bonus allotments. Users can keep track of their daily and monthly spends across various categories like Fuel, Groceries, utility payments, etc. Users can also set up reminders for payments and card bills. Moneywise gives a comprehensive view of all the Banks, Credit cards, Investments, Expenditures, Wallet balances, Loans, and Receivables of the user. The tool also enables users to set up budgets and goals to meet personal finance goals. Read more

Pricing Options

Free Trial Not Available
Starts at $49.99.

Free Trial Not Available
Starts at $4.17.

SW Score & Breakdown

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

95%
Reviews

69%
Momentum

60%
Popularity

75%

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

99%
Reviews

60%
Momentum

61%
Popularity

71%

Features

Total Features	11 Features	13 Features
Common Features for All	Alerts Provides reminders or notifications when a deadline is approaching, an upcoming event or a pending task Bills Management Facility to add manage purchase bills and get reminded if bills are due Budgeting Prepares a plan to spend your money by balancing income and expenses. Expense Groups Allows to categorize or group the transactions with common attributes Financial Dashboard All in one dashboard that presents the financial performance. Investment Monitoring Monitors the performance of savings and investments Loan Management Keeps track all your debts, loans, interests and incorporate in your budget Multi-Currency Enables payment and collection in multiple currencies. Payment Gateway Facilitates payments for bills, membership, donation, etc. Reports Comes with reporting capabilities and features custom pre-built reports Spend Tracker Tracks expense and spend patterns to make your finances manageable Spending Limit Allows to set a spending limit to control overspending and ensures it is in-line to budget Tax Reports Helps to calculate the tax payable on different Income types and prepares a tax report Transaction History Allows to verify or check all your historical transactions anytime + 8 More - Show Less	Alerts Provides reminders or notifications when a deadline is approaching, an upcoming event or a pending task Bills Management Facility to add manage purchase bills and get reminded if bills are due Budgeting Prepares a plan to spend your money by balancing income and expenses. Expense Groups Allows to categorize or group the transactions with common attributes Financial Dashboard All in one dashboard that presents the financial performance. Investment Monitoring Monitors the performance of savings and investments Loan Management Keeps track all your debts, loans, interests and incorporate in your budget Multi-Currency Enables payment and collection in multiple currencies. Payment Gateway Facilitates payments for bills, membership, donation, etc. Reports Comes with reporting capabilities and features custom pre-built reports Spend Tracker Tracks expense and spend patterns to make your finances manageable Spending Limit Allows to set a spending limit to control overspending and ensures it is in-line to budget Tax Reports Helps to calculate the tax payable on different Income types and prepares a tax report Transaction History Allows to verify or check all your historical transactions anytime + 10 More - Show Less

Technical Details

Organization Types Supported	Individuals Medium Business Small Business	Individuals Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.1/5 7 user ratings	Not Available
Rating Distribution	Excellent 28.6% Very Good 57.1% Average 14.3% Poor 0% Terrible 0%	Not Available
Pros & Cons	User-friendly interface with automatic calculations Automatic transaction downloads and online bill payments Categorizes transactions and removes unimportant ones Visual reports of income and expenses can be saved and printed Automated reminders for scheduled payments May not have all the features of more advanced personal finance software Some users may find the interface too simplistic Limited integration with other software	Direct sync with over 20,000 banks in 50 countries Compact layout and easy navigation Customizable colors and logos for each category Smart analytics on credit utilization and balance available Comprehensive view of all financial accounts and transactions May be more expensive than some other personal finance software Some users may find the interface too cluttered Limited reporting and budgeting features compared to some competitors
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Pricing

Pricing Options	Free Trial Not Available Starts at $49.99.	Free Trial Not Available Starts at $4.17.
Pricing Plans Monthly Plans Annual Plans	Moneydance $49.99 $49.99 One Time Payment	Premium $4.17 $4.99 per month Standard $19.99 $19.99 per year MoneyWiz 3 (Pay once) Others MoneyWiz 3 (subscriber) Others
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Monarch Money 1 1 ratings Moneydance Vs Monarch Money Banktivity Moneydance Vs Banktivity Quickbooks 3.9 24 ratings Moneydance Vs Quickbooks Lunch Money Moneydance Vs Lunch Money Quicken 3.6 31,515 ratings Moneydance Vs Quicken	Moneydance 4.1 7 ratings MoneyWiz Vs Moneydance Banktivity MoneyWiz Vs Banktivity FinWise Money Dashboard 3.2 79 ratings MoneyWiz Vs Money Dashboard Quicken 3.6 31,515 ratings MoneyWiz Vs Quicken
	View All Moneydance Alternatives	View All MoneyWiz Alternatives

Screenshots & Videos

Screenshots	+ 2 More	+ 1 More
Videos	Not Available	+ 2 More

Vendor information

Company Details

Located in: Edinburgh, Scotland

Located in: San Francisco, California

Contact Details

Not available

https://moneydance.com/

Not available

https://wiz.money/

Social Media Handles

Twitter 1K

Facebook 54K

Google Play 467

Apple App Store 46

Twitter 5K

Youtube 296

Google Play 131K

Apple App Store

FAQs

What are the key differences between Moneydance and MoneyWiz?

Moneydance is a personal finance management software that focuses on income, expenditure, and investment tracking, while MoneyWiz is a powerful personal finance tool that offers direct sync with over 20,000 banks and advanced features like bulk edit and delete, intuitive display, and smart analytics.

What are the alternative products to Moneydance?

The top alternatives to Moneydance are Banktivity, Lunch Money, Mint, Quicken, and Quickbooks.

Which product is better for managing investments?

Both Moneydance and MoneyWiz offer investment tracking features, but MoneyWiz provides more advanced options for managing stock, bond, and mutual fund investments.

Can I set up reminders for payments and bills in MoneyWiz?

Yes, MoneyWiz allows you to set up reminders for payments and card bills to ensure timely payments and avoid late fees.

Which product offers more customization options?

MoneyWiz offers more customization options, including the ability to modify shareholding, set colors and logos for each category, and create custom reports.