MoneyWiz 3 - Personal Finance Reviews

by MtnAVman

I have been using MoneyWiz for three years now. During that time there have been issues and I have worked though them, because there are not many options since Quicken cant get it right. But this last round of problems have been the ultimate frustration. I have had account sync issues and have have been working with support for more than two months now to resolve the issues. I know they would say it’s out of their control because they use a third party for the syncing, but having no live support is not means you cant count on this software to maintain your day do day account balances, unless you can go days - weeks - months, not having some accounts syncing. MoneyWiz is not based in the US, and don’t keep US based hours for support, so every issues takes many hours to receive a response. I think its time to move on.

by Kaiser Bruno

A useful app if it had some way of identifying and managing expenses recorded for same amount same day same payee on two unrelated accounts.
Maybe it does but two messages since April 2018 about this to their team have still to be answered. At least we cannot find an answer.
Now im thinking of dumping Money Wiz and finding a bookkeeping app which we can trust.
Sad— so many finance apps are overwhelmingly loaded with the fancy finance stuff. NotMoney Wiz. And loads of standard reports, but no way to check for double entries. And apparently not very keen on customer service: at very least. replies should be easily recognizable as from Money Wiz so that email searches will find them. Until thisr faults are fixed, it is unreliable. Or until someone corrects my perceptions which admittedly could be incorrect.

by Cecil71

I upgraded to Money Wiz 3 Premium a few days ago, and the system keeps having trouble recognizing my subscription. It worked initially, then stopped working. Support emailed me instructions that must be outdated because the steps do not play out the way the instructions indicate. Deleting MoneyWiz3 and then re-downloading it and signing in again made it started working again. However, the next day, it stopped recognizing my subscription (my $50-subscription) again. So, again, I had to delete and then re-download MoneyWiz3 and sign in again to make it start working. Support said that a future updated subscription service would solve the issues, but I paid $50 for a subscription that was sold as already working, not “will work in the future.” I want this fixed. I shouldn’t have to keep deleting and re-downloading MoneyWiz3 . There must a solution, and it should have already been provided to me the first time.

by BDoubleU84

I’ve used MoneyWiz3 for years and absolutely love it. But having updated to MoneyWiz 3 because the new iOS update didn’t play nice with MoneyWiz 2, I feel like the developers are really reaching here. I under understand your employees have to eat but forcing a paid subscription just in order to switch to dark theme or to change the icon is a bit ridiculous. And not to mention Syncbits no longer works on the free version. I’m for real just want to say to heck with it and find another app. I just don’t use the other features like syncing with my bank to justify the price. I know my business and input really doesn’t matter compared to the many who do pay the price but I just needed to vent a little.

by T0pgun

I’ve been a Quicken/Mac user since the 1980’s. For the most part, the Mac desktop version is adequate. However, the mobile apps have very limited functionality, and the Quicken/Mac budgeting is terrible.

These are two of many areas where MoneyWiz 3 excels. Almost everything you can do in the macOS version, you can do in the iOS versions. And the budgeting process (both macOS and iOS) isn’t just a monitoring tool, it is an excellent planning tool.

I am still running in parallel, and there are things that work differently between the 2 apps, but MW3 is intuitive, well designed, stable and attractive. If I am away and I only have my iPhone or iPad with me, a can do anything I need to do on them. In fact, my iPad has become my preferred system to update and review my finances.

by Crop Guy

What happen to the best checkbook and business checkbook app I’ve ever used? The latest update is terrible, it’s hard to navigate with the overly large fonts and clunky way the registers are setup up are a nightmare to navigate. It literally took me two hours to balance my checkbook because I couldn’t figure out what I was even looking at. It’s almost impossible to navigate back and fourth to each of my accounts, the colors also don’t help and you can’t even tell what’s posted verse pending. Turn down the colors take it back to a checkbook register not a arcade game, and make the font not so big, and either make the category avatars smaller or go away, then you might have something. I don’t want to switch but I may have to.

*update*
While their customer service is phenomenal MoneyWiz3 is still lacking but it’s getting there. After the initial shock of the massive change that left allot to be desired but it’s wearing on me, the only massive issue left that I find extremely annoying is when you clear a charge it drops you down to the clear section. It needs to stay up top with your pending charges, she. Your done you can scroll down, Fix that and things will be looking up. Keep up the good work guys.

by Wytchipoo

I was a longtime PocketMoney user but after latest update rendered it useless to me I came to MoneyWiz after trying many others. Even though I do everything manually, I prefer MW3 over MW2 because of the cleaner interface & expanded options. And even tho I was so very sad to leave PM, I must say that I absolutely LOVE the automatic syncing between devices so that I always know my balances.

Another feature that is very handy is the un/cleared red/green dot so that if you want to periodically compare your manual entries against the bank’s between monthly reconciliations to make sure you didn’t miss something, you simply tap the red dot to “check off” the entry & it turns to green so that you know you match the bank (or whatever you’re checking against).

The only thing I truly miss from PM is the ability to do a monthly reconciliation using the beginning/ending balances from my bank statements. Apparently this is a feature available only on the desktop version and my reason for only 4 stars (if possible I would have given 4.5). Otherwise it’s great!

by Kevin Q

For years I looked for a replacement for Quicken and QuickBooks because (1) I didn’t trust Intuit with my data, (2) I was looking for an app that supported peer to peer syncing between my devices so that I could always rely on having all my account information with me and the ability to enter new transactions anytime, and (3) I wanted something that could track my US and UK accounts equally as well (plus travel to Sweden, France and Spain too so lots of foreign translations) with currency conversion built in. I found this and more. MoneyWiz3 is incredibly polished and easy to use. It’s literally my favorite app! The team at MoneyWiz are incredibly responsive answering all my questions so far within a couple hours.

by Cmill448

I have been trying to track my expenses for years. Between my husband and I, we have at least 300 transactions a month.

Each time I open MoneyWiz3 , it automatically downloads all our activity since the last time I used it. I created some new categories, deleted some preloaded categories, and was ready to roll. MoneyWiz3 is intuitive, the icons are pretty, and support got right back to me when I had questions on how to more efficiently use MoneyWiz3 .

I finally feel in control of my finances. Note - I did upgrade to premium. Very happy with MoneyWiz3 and it’s actually fun to work with.

by Gold_Trader

I actually preferred their old version, but appreciate the addition of SyncBits. I’ve had a few minor issues during my learning curve, but the folks at MoneyWiz promptly responded to my assistance requests, and led me through the issue. They have by far the best customer service of any app I have. I was using the Mac OS version last night and it was fantastic compared to the iPhone version. I especially liked that in the Mac version, under Scheduled and Calendar, if I touched a day with a transaction, those transactions appeared. That ability is absent in the iPhone version and results in time being wasted tracking down those transactions. Great app, and I enjoy using it.

by Feizal Marrero

I used a reliable but far less advanced finance App. After reviewing and trying MoneyWiz3 for about a month now, I have to say I’m impressed hand happy with the performance, reliability and extremely useful reports, budgeting and bill tracking. I would love to see a “project” category. MoneyWiz3 crashed and “I lost all my data”, but I’m very thankful to MoneyWiz3 team developers who helped me recover all my data in just 2 days. The desktop app is just like the one on my iPhone, so the learning curve is easier, simple and MoneyWiz3 is still impressing me.

by Wx2junior

I am a long time MoneyWiz customer based on past experience... I upgraded to MoneyWiz 2 and most recently MoneyWiz 3.

I don’t need the fancy online banking pull down stuff, I have no problem entering in my spending and then reconciling that with bank account websites etc... I actually prefer it as it helps me keep track of things I spend or potential fraud. So I have the stand alone version of MoneyWiz3 . It’s great. The new layout is a slight adjustment but overall it is growing on me as I feel it is allowing more to be on the screen without feeling cluttered.

I recently asked about a nagging issue I found with the keypad in MoneyWiz and by recently I mean less than a week before this release I am rating right now. It is fixed.

I think the #1 reason you should get MoneyWiz3 over others is the team of people making MoneyWiz3 as good as it is. They care, they do good work, and deserve affirmation of that good work.

Great Job all!

by Crankydave74

Tried numerous apps before I found MoneyWiz. I wanted an app where a can record my checking, savings, credit card and other accounts along with scheduling up coming bills and payments so I always know where I stand. You can create different categories and split transactions to show what was spent on multiple categories like groceries, clothing and sales tax. MoneyWiz3 has great reporting capabilities and you can creat your own. I created one I call cash flow that can show me months out what my balance in my checking account will be. I have not figured out the budgeting function yet. But I really don’t have a need at this time. Highly recommend you go the premium route after you try it out for a while.

by Wicked915

UPDATE: They did respond to my emails and were great helping me! Thank you!

I liked using MoneyWiz3! It was great until I decided to purchase the month to month subscription. Soon after I did the system logged me off and I couldn’t log back in. I kept getting “invalid credentials” and when I tried to reset the password I got “you entered the wrong information.” Mind you all the information was correct! I tried contacting the developers and no answer. I’d really like my $4.99 back. I realized that using it without a subscription was better.

by RGH & LGH

Been with MoneyWiz since version 1, and still enjoying it greatly. The new version took a bit of adjustment, but I’ve grown accustomed to it.

A couple of quirks that make this more of a 4.5 for me (I rounded up):

I agree with a few other people on the sorting - when moving something out of pending, I want my view to stay up top with the other pending items, since I’m usually balancing those when I mark something as cleared. Even if I could just turn off the sorting option when clearing I would be content.

I also spent a few days entering all my new transactions as recurring without realizing it. I now check each time to make sure I’m in the right screen.

The + sign in the upper right of the iPhone accounts screen would work better as a new transaction button.

One suggestion: if this could automatically populate Apple Pay receipts when I hit new transaction, that would be spectacular (and I would start using Apple Pay constantly rather than just sometimes).

by Compute

Being a user since they first launched years ago, I can say nothing but top notch dedicated developers that deeply cares about their customers. Whenever I had an bug or issue, a simple email gets speedy and personal responses. Them still working hard at it throughout its ups and downs for this long shows how they’re passionately in the game for the long haul.

MoneyWiz3 has all the features one would ever want for a budgeting app that caters to every nuanced preferences of every user, and the list is definitely long. Syncing is robust, and user interface is clean and easy to understand. They care so much for customers that they even offer both standard 1-time purchase as well as monthly subscription options.

by Jace730

We were devastated when the update took the calendar view away. We were ready to move on from MoneyWiz as this was the main reason for using MoneyWiz3. Thank you for bringing it back so quick!! We love the new update too! The look and feel of MoneyWiz3 is so smooth and streamlined. The modern look is amazing and I actually like to just tinker around in MoneyWiz3 because it looks so good now! It took a minute for me to get used to, but I love it now! I feel it syncs much faster too! Thank you for always giving us an amazing app and listening to your users! That is a sign of a great business!!

by Fisheadd

I used a different app for a few years. It was easy and it allowed me and my wife to sync transactions. For us, syncing transactions is mandatory.

My wife, a finance executive, has explicit requirements for money tracking software. I almost started writing our own app to meet her needs when she found MoneyWiz.
Good:
- Syncing transactions works great.
- I like that it recognizes the amount field and shows a number pad.
- When you enter the payee the keyboard enter key becomes ‘next’, another excellent feature when I noticed.

OK:
- The interface is not quite what I expect on an Apple device, but it is functional.

Recommendations:
- Move the ok/checkbox to a lower corner rather than upper right.
- When in the payee field, keep the next button above the keyboard like when entering the amount
OR
- When in the Amount field place a next button below backspace.
- When you press next to the category, use autocomplete rather than immediately going to the list view. If I want the full list, I will press the > otherwise I like to see the transaction to decide where it should go.

by Denni2

I am not crazy about the new mobile app layout but I still love it on my PC. Since I use my PC to balance my accounts I can live with the new layout. This is the best app I have found for keeping track of all my finances in one place.

MoneyWiz is very easy to use. I can even quickly enter a transaction on my Apple Watch to keep my accounts up to date. I love that I can schedule my bills to auto pay for the ones that are paid through automatic withdrawal. I also love that all my devices sync so my husband can check our finances at any time.

There isn’t a better support team! They always respond in a timely manner and work hard to resolve any issues.

by Maardvark32

Love MoneyWiz3 (I also use the macOS desktop version). Love the ease of use and the features in the premium subscription service. Tried other other personal finance software, and MoneyWiz is by far the best. The sync between devices is seamless.

I’d love to see some cosmetic changes (such as color-coding, improved icon library, and easier transaction splitting) but completely satisfied with the core software.

MoneyWiz is not immune to occasional minor issues, but those have been cleared up by their dedicated support people. The most frequent cause of issues is out of MoneyWiz’s control: the online banking sync services Yodlee and Salt Edge. But MoneyWiz handles dealing with them, so as a MoneyWiz customer, I only have to talk to MoneyWiz.