KMyMoney
Made by KDE
KMyMoney
Made by KDE
Free, open-source, cross-platform KMyMoney compared with the paid Quicken subscription, so you can weigh cost, platforms and data ownership.
Download KMyMoneyKMyMoney vs Quicken is a free-versus-paid comparison between two desktop personal finance managers that approach the same job very differently. KMyMoney is free and open-source (GPL) from the KDE community, runs natively on Windows, macOS and Linux, and keeps your data in a local file you own. Quicken is a paid subscription product for Windows and macOS with polished consumer features and vendor support. If you want zero cost, Linux support and local data ownership, KMyMoney fits; if you want a commercial product with paid support and consumer polish, Quicken fits. KMyMoney also imports QIF and OFX, so migrating from Quicken is realistic.
| Feature | KMyMoney | Quicken |
|---|---|---|
| Price model | Free, open-source (GPL); no subscription | Paid annual subscription |
| Platforms | Windows, macOS, Linux | Windows and macOS only |
| Data ownership | Local file you own, optional GPG encryption | Local file, but tied to an active subscription and account |
| Online banking | OFX and HBCI/AqBanking import | Direct bank connections and downloads |
| Investments | Securities tracking with online price quotes | Detailed portfolio and investment tools |
| Ease of use | Familiar register; guided New File wizard | Polished consumer interface and onboarding |
| Support | Community documentation, forums and handbook | Paid vendor support with the subscription |
Because KMyMoney imports QIF and OFX — the formats Quicken can export — you can move your history without retyping it. Export your data from Quicken to a QIF or OFX file, then in KMyMoney choose File, Import and select the format. Review the mapped accounts and categories before you confirm, so your opening balances and transaction history land correctly. The KMyMoney tutorial covers the import step in more detail.
The headline difference in KMyMoney vs Quicken is what happens after the first year. Quicken is sold as a subscription, so continued access to the software and its bank connections depends on renewing each year. KMyMoney carries no licence fee at all: you download it, use it for as long as you like, and never face a renewal prompt or a feature that switches off when a plan lapses. Over several years that gap compounds, which is why cost-conscious households and anyone who simply dislikes recurring charges tend to look at the free option first.
Ownership works differently too. Your KMyMoney file lives on your own disk in an open format, can be backed up like any other document, and can be protected with optional GPG encryption without signing in to anything. Quicken stores your data locally as well, but the application itself is tied to an active account and subscription. If your priorities are a zero-cost tool, native Linux support and full control of your own file, KMyMoney answers all three; if you value polished consumer features and paid vendor support, Quicken remains the more commercial package.
Choose KMyMoney if you want zero cost, native Linux support and a local file you fully own, with double-entry accounting and solid reports. Start with the tutorial, then download it free.
Choose Quicken if you want a commercial product with paid vendor support, direct bank connections and consumer polish, and you are comfortable with a recurring subscription on Windows or macOS.
Export from Quicken to QIF or OFX and import into KMyMoney, then review accounts and categories. This lets you trial KMyMoney free while keeping your existing history.
Compare KMyMoney with the other free double-entry option in KMyMoney vs GnuCash, learn the basics in the KMyMoney tutorial, or return to the KMyMoney home page for the full feature overview.
Free and open-source for Windows, macOS and Linux — no cost, no subscription, no ads. Current version 5.2.2.
Download KMyMoney See features