Managing finances isn’t always the simplest task. In the past many users relied on tools such as Microsoft Money in order to help them manage their finances.
Microsoft Money was a popular tool in the past, therefore today we’re going to show you how to install it on Windows 10.
What is Microsoft Money?
Microsoft Money has a long history, but unfortunately this tool isn’t actively developed anymore.
The first version of this program was released way back in 1991, and it was available for desktop version of Windows. After several versions, Microsoft Money made its way from 2000 to 2006 on select versions of Windows Mobile.
In 2008 Microsoft announced that it will stop releasing new versions of the software each year and that there are no plans to release the version for 2009. The sales were discontinued on June 30, 2009.
In January 2011 the online services were stopped and users could no longer enjoy any support from Microsoft.
Even though the software was discontinued, Microsoft didn’t completely abandon its users. In 2010 Microsoft announced the release of Money Plus Sunset.
This is a free tool and unlike the previous versions, it doesn’t require activation.
This tool is designed as a replacement for Money Plus Deluxe and Money Plus Home & Basic, therefore if you have any of the previous versions of the software installed, we suggest that you don’t install Money Plus Sunset over it.
Even though Microsoft Money Sunset offers the same features as its predecessors, we have to mention that certain features are missing. For example, you cannot import data files from non-US versions of Microsoft Money.
Please note that Money Plus Sunset versions come preconfigured with: · No online services (no online quotes, no bill payment, no statement downloads initiated by Money, no data sync with MSN Money online services, etc…) · No support services (support services are limited to online self-help only, see Money Plus Sunset EULA and Microsoft’s Support Lifecycle pages for more details) · No need to activate the product
Since all online support isn’t available anymore, you can’t use any of the previously available online features such as bill payment, online quotes, statement downloads, data sync with MSN Money, etc.
Keep in mind that there’s no online help and no Assisted Support, therefore if you have any issues you won’t get any support from Microsoft.
How to install Microsoft Money on Windows 10?
As you can see, since Microsoft Money isn’t officially supported anymore, certain features are missing. You can still install it on Windows 10 without any major issues.
To install Microsoft Money follow these steps:
- Go to Microsoft Money’s download page.
- Click the Download button and wait for the download to start.
- Locate the USMoneyDlxSunset file that you just downloaded and double click it.
- You might get a message saying that your antivirus software can interfere with Microsoft Money setup. Click OK. We use AVG antivirus on our system, and we had no problems with installation. If you encounter any errors be sure to temporarily disable your antivirus software.
- Read the license terms and click the I Accept button.
- Wait for the installation to finish.
- Once the installation is completed, click the Finish button.
After you installed Microsoft Money, you can start it it double clicking the Money Plus icon.
When the applications starts, you should see the welcome screen. Click the Next button to proceed.
Now you need to choose the save location for your files. Once you’ve selected the save location click the Next button.
Select how you wish to sign in to Microsoft Money. You can use your existing Microsoft account or you can create a password for Microsoft Money.
Using a password isn’t mandatory, but it will help you protect your financial information from unauthorized users. Once you select the desired option, click Next.
Microsoft Money will now ask you to enter the name of your primary bank and additional information regarding it. Click Next.
Select the account type. You can choose between Banking, Credit card and Investment. Select the option that you want and click Next.
Enter the name for your account and enter the current balance. Click Next to proceed.
You should see a message saying that you’ve successfully added an account to Microsoft Money. Click Finish.
After you’ve done that, the main screen should appear. From there you should be able to access all the familiar options and see the bill history, status of your back account and spending reports.
Microsoft Money was one of the most popular financial applications, and even though Microsoft discontinued it, we’re happy to say that Microsoft Money works without any issues on Windows 10.
We had no problems with the application and it ran perfectly without using the Compatibility Mode. Even though Microsoft Money is now free to use, it lacks certain features and online support, so keep that in mind before you install it.
If you are interested in managing finances tools, we’we prepared a list of capable apps that could help you take your personal finances to the next level:
- 5 best home finance software for PC to keep your budget in check
- Top 5 software to track net worth and take control of your finances
- 9 best accounting Software to track all your personal finances
In the links you will find apps like Moneyspire, Moneydance, Freshbooks, Zoho Books and many other professional financing tools that have a lot of options, can be tailored to your own needs and have continuous online support to get you through any problems.
Don’t forget to tell us in the comments below what do you think about Microsoft Money, and if there was full-time support from Microsoft if you would use it or not.
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Editor’s Note: This post was originally published in July 2016 and has been since completely revamped and updated for freshness, accuracy, and comprehensiveness