KMyMoney: The Day I Finally Ditch Quicken

I’ve used Quicken since the beginning — back when floppy disks were floppy and “the cloud” meant a thunderstorm. I even worked for the company that invented bill pay, the folks who were early investors in Intuit. We had an application, maybe a private-label version of Quicken, with bill pay embedded. Users scheduled payments and transmitted them via modem. Yes, a modem. The screeching, beeping symphony that ferried your rent and electric bills to their digital destinies. I’ve been on the bleeding edge of finance software since the days of acoustic couplers, and let me tell you: it was … noisy.

For decades I didn’t know what to replace Quicken with. I poked my head out of the Windows foxhole now and then, but every alternative looked like an abandoned fast-food restaurant: a faint smell of grease, a promise of service, and tumbleweeds blowing through the feature set.

Then came the Win10 retirement — Microsoft politely nudged me, “It’s time to move on.” I said, “You’re right. But not in the direction you expect.”

So I hobbled together a newer Dell micro PC — basically a turbo lawnmower for computing — and retired my two ancient Win10 laptops. I don’t plan to look back. I’d need binoculars anyway.

Enter Linux Mint. I was up and running within the hour. Mint greeted me like an old friend who only wants a little disk space in exchange for sanity and speed.

Then came KMyMoney, the quiet cousin at the finance software reunion — the one everyone overlooks because they’re too busy being yelled at by Quicken.

Let me tell you: KMyMoney floored me.

It didn’t just replace Quicken — it held the door open, carried my bags, and offered me sweet tea. The interface felt familiar, like it had been secretly reading over my shoulder for 25 years. Within minutes, I was downloading accounts, reconciling like a champion, scheduling transactions, and wondering why in the world I’d chained myself to Windows for so long.

If Mark Twain kept a checkbook — and I imagine he did, probably bouncing a few checks along the way — he’d appreciate the honesty and simplicity of KMyMoney. No drama. No subscription nags. No frozen updates. No “renew now or watch your budget catch fire.”

Linux Mint + KMyMoney gave me a retirement plan from Windows.

Now I manage my money without a corporation breathing down my neck. I’m not saying KMyMoney cured my arthritis or improved my fishing, but my computer boots faster, and my blood pressure dropped five points.

If you’re still orbiting Quicken, consider this your sign. Life’s too short for subscription nags, software with attitude, and operating systems that need constant therapy.

KMyMoney didn’t just impress me — it made me laugh at how long I put up with anything else. And trust me, I’ve watched finance software evolve from screeching modems to auto-transmitting bill pay. If I can leave Quicken behind, you can too.

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I have used Quicken for longer than I can remember. Prior to that I used Microsoft Money. Before MM died it came out with a version that could transfer all its data to Quicken and so that’s what I did. I’ve used Fedora since the old Fedora Core days and I’m a retired UNIX/Linux sysadmin so I’ve very comfortable with Fedora.

Two or three years ago I downloaded a trial version of Codeweaver’s Crossover package. It’s a supported implementation of WINE. I installed it, installed Quicken and restored the Quicken data file and it just worked. So, I decided to pay the yearly subscription for it. If I’ve found any issue, Codeweaver has been very responsive. Not too long after that my old Windows system had a hardware failure so I never looked back.

So, my question is, when you moved from Quicken to KMyMoney, were you able to transfer all the data from Quicken to KMM or did you just start from scratch? If you transferred your data, how did you do it? I know I’ve looked into it in the past but I was unsuccessful in transferring all that data and just gave up. Maybe I should try again if there is a way to preserve all that historical data.

Thanks for your advice.

Charlie D.

The QIF importer was originally developed about 20 years ago and has not seen much love lately. Maybe it’s time to do a rewrite to support the transfer from Quicken and others.

Unfortunately, that takes a bit of time and testing using real user data (which comes in many flavors). That last part would be where users out there can provide their share of FOSS contributions as I assume no one wants to share their financial data (the very first thing the KMyMoney developers respect).

Nowadays, we do have the capability of AppImages which allow the regular user to perform those tests even using development versions alongside their installed system. That allows to test new versions a short time after the changes have been made without compiling and building.

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Thanks for the explanation — that makes a lot of sense. I used Quicken’s export feature to create a QIF file, and the only errors I hit were date issues because I hadn’t set up some accounts with opening balances and dates. KMyMoney added the import date, which conflicted with the consistency check, but I fixed those pretty quickly.

Honestly, any conversion is going to take some effort — it’s personal. For me, it’s well worth it. I can definitely see KMyMoney and Linux seeing me to the end.

I also appreciate the respect for users’ financial data — one of the reasons I’m such a fan. And the AppImage option is great: it lets regular users test development versions safely. When the time comes, I’d be happy to help test import improvements on a copy of my data.

FOSS isn’t just software — it’s people who care about getting it right.

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Yes — I did transfer my historical data from Quicken to KMyMoney using Quicken’s export to QIF. The only issues I ran into were date errors because I hadn’t set up some accounts with opening balances and dates. KMyMoney added the import date, which conflicted with the consistency check for transactions dated before the opening balance, but I fixed those quickly.

Honestly, any conversion takes a little effort, but for me, it was well worth it. Now KMyMoney and Linux have me completely covered, and I don’t miss Quicken at all.

Mr/Ms MGRAW, you are a poet!! I loved reading your opening post. I especially liked “No renew now or watch your budget catch fire.” I too am one of these old timers. (About the modem, the worst part was when someone would pick up an extension in the house and break the connection!!)
I too got tired of the Intuit Big Brother and have loved KMM. I pair it with Fedora after trying many flavors of Linux. ymmv.
Thanks for the great plug for KMM – It eloquently says how many of us feel.
A

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@Atheist, @mgraw, and everyone else (like me) who remembers the days in the last millennium when data transfers ran at a noisy 2400 bps (no, folks, there’s no G, M, or K in front of the bps) and took half the night, can sympathize here.

I must admit that I was very pleased and touched by this initial post. It confirms to me that every minute I have spent on this project over the last 20+ years has been worthwhile. Not only for myself, but also for users all over the world.

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