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Article #35612

Re: personal finance packages

#35612
From: Walter G. Dixon
Date: Mon, 19 Dec 1988 13:40
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In article <24@sierra.stanford.edu> siegman@sierra.UUCP (Anthony E. Siegman) writes:
>It would be appreciated if users of MacMoney or MYM could post a note on

I just purchased MYM (very expensive), and it does most, if not all, and
more, of the things I need.  I'm not sure if it handles escrow in a mortgage
payment yet, though I think I read there is a way to do it.

MYM is a bit slow in screen updates, they seem update things that don't
need redrawing on the screen, which adds to the update time.  Calculation
time is also slow, though I'm sure there's really a lot going on back
there.  One other criticism is that when calculating total outlay of
mortgage payments, they go through an obviously iterative algorithm to
calculate it.  I'm sure there is a better way.

On the positive side, MYM is quite complete, even though the manual claims
there are things the IBM version does that the Mac version doesn't do yet, 
and vice versa.  I'm not sure what's missing.

MYM does insurance planning, investments in stocks, bonds, etc.  All you
have to do is enter the current price directly from the morning paper and
your net worth is instantly updated.  It also does check writing, recurrin
expenses is handled nicely, as is paycheck allocation (fed, state tax, etc.).

The manual is thick, with many helpful hints about managing your financial
life, and how to use features of MYM for more arcane functions.  All in all,
I'd say its got everything (almost) you'd ever want, IF you're willing to
pay between $185-220.

I myself would like to hear other opinions.

Wally Dixon
Broadband Technologies, Inc.
RTP, NC
{...}!mcnc!rti!bbt!wgd
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Message-ID: <465@flan.UUCP>
Path: arc1-ca.pugleaf.net!utzoo!utgpu!watmath!clyde!att!osu-cis!tut.cis.ohio-state.edu!rutgers!mcnc!rti!flan!wgd
References: <SARREL.88Dec9120009@tut.cis.ohio-state.edu> <2669@copper.SDP.TEK.COM> <18833@shemp.CS.UCLA.EDU> <24@sierra.stanford.edu>

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Path: arc1-ca.pugleaf.net!utzoo!utgpu!watmath!clyde!att!osu-cis!tut.cis.ohio-state.edu!rutgers!mcnc!rti!flan!wgd
From: wgd@flan.UUCP (Walter G. Dixon)
Newsgroups: comp.sys.mac
Subject: Re: personal finance packages
Message-ID: <465@flan.UUCP>
Date: 19 Dec 88 13:40:11 GMT
References: <SARREL.88Dec9120009@tut.cis.ohio-state.edu> <2669@copper.SDP.TEK.COM> <18833@shemp.CS.UCLA.EDU> <24@sierra.stanford.edu>
Reply-To: wgd@flan.UUCP (Walter G. Dixon)
Distribution: comp
Organization: FiberLAN, INC., Research Triangle Park, NC
Lines: 34