With Quicken.com closing from today, those who are looking options for Free personal financial management software, I find Moneystrands- a better alternative than Mint.com for many reasons.
1) Unlike Mint which covers only few Canada banks, MoneyStrands can get data from most Canadian banks including Presidents choice.
2) It can gather information from almost all Canadian credit cards- Bank or non-bank whereas Mint is for US cards only with exception of Canada banks which it has access to.
3) Mint for unknown reasons adds US and Canada dollar amounts into single meaningless number whereas Moneystrands applies currency conversion and shows balance in US$
4) In addition to Canada banks it can retrieve data from in other countries in Europe,India, China and Japan.
Whether Mint or Moneystrands- Both use same backend server offered by Yodlee.com
Come next June, data needed to TD F90 filing for foreign accounts for maximum balance during the year will be very easy to complete.
Multi-country bank accounts- MoneyStrands better than Mint
Moderator: Mark T Serbinski CA CPA
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