Quicken 2020 for Mac – A Long-time User’s Review

Welcome to my third annual review of the personal finance software, Quicken for Mac. I have been using Quicken to manage my finances since 1989: first on the Mac, then a long stint on the Windows version, before switching back to the new-and-improved Mac version four years ago. I wrote about the process of switching from Windows to Mac here.

As I wrote then, I had very high expectations for the Mac version under new leadership, independent of Intuit, and the financial benefit of a new subscription-based business model. In this post, I’ll share an update on how it’s gone using the latest version, Quicken 2020 for Mac. …

Charging System Upgrade

During our two decades of sailing, we held a particular disdain for powerboats and their noisy generators. On starlit nights, the chug-chug-chug of neighboring generators disturbed the quiet stillness of the anchorage. Back then, we could be smug. With the simple systems on a sailboat, we could go days and days on the hook, relying only on the small house battery bank for power. 

Times have certainly changed for this old sailor. …

The Cost of Indiscretion

As a licensed CPA and long-time boat owner, I’m no stranger to the financial consequences of keeping a boat. People like to joke about how quickly money flows into a boat, like stuffing $100 bills down a bottomless drain. Or, how many “boat units” a particular upgrade or repair will be. Somehow, six boat units sound better than $6,000.

When we were shopping for our trawler, our yacht broker shared this financial rule of thumb: expect to spend about 10% of the value of the boat each year on maintenance, upkeep, moorage, and other ownership costs like insurance, taxes and fees. The rule worked on our $70,000 sailboat. We spent about $7,000 a year on boat-related costs. But surely, that math couldn’t extend to a $700,000 trawler. Could it? …

Mornings on the Boat

Mornings start early on Indiscretion. Sometime between 6 and 7 a.m., one of our two trawler dogs will jump down off the bed and start issuing low whines I can’t drown out no matter how deeply I burrow into the blankets.

I complain a lot about having to take the dogs ashore in the morning, but to be honest, I love it. …

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