Money Dashboard Reviews 

Clever application and improving. I now use it everyday. I have started moving money from one account to another via the app but mostly use it to obtain an instant understanding of overall balance and transactions across many accounts. I don't use it for budgeting yet. Customer service were very responsive when I had a question. Definitely would recommend.

I have used Money dashboard for several months. It is an excellent way to track and plan expenditure, saving many hours of trawling through bank and credit card reports.

After doing the usual research I chose Money Dashboard to help manage finances and family budgets.

Classic: Easy setup and imported historic transactions across different accounts and providers which is key for immediate insights and value, although it could not connect to my saving account. Initial categorisation was pretty good, however, there were 170 uncategorised transactions which I had to manually correct but the software does allow you to apply to all the other similar entries so reduces administrative overhead.

The web app is MUCH better than the IOS app as the web app offers chart drill down and much better functionality overall the IOS app in very limited by comparison but fine for quickly checking balances and budgets.

The planning feature again is a key requirement for me and I can replicate my usual monthly activity by importing individual income and expenses. For some reason the balance was way out so I will have to try and figure out what is skewing the numbers.

Neon: doesn’t work with NatWest (no historic data) & other reviews would indicate a common experience with other banks. MoneyDashboard clearly state that it’s a WIP but are still promoting Neon as a capable product. It’s not, it’s really a beta release and causing frustration.

Classic is almost the perfect tool I do have concerns that it will be retired or not developed in favour of Neon which would be a shame.

I have been looking for a replacement for MS Money for a long time and this is the closest I have found. Don't bother with Neon, at least not yet and use the classic web app (online) to benefit from the full functionality and financial insights.

Decent application without excesses. The main problem for me is that it can’t see pending transactions.

Moneydashboard used to be a great app. Now my key accounts, Metrobank and Marcus will not connect although I can still use it for Barclaycard and HSBC. The Neon App is a major backward step, categories didn't transfer and sub categories don't even exist. I have all but stopped using it. currently looking for an alternative.

I loved Money Dashboard Classic, but I can't say the same about the new Neon version!

First of all, I had to set up all my categories and budgets again, when I'd spent ages getting them exactly how they worked for me.

Second, I no longer seem to be able to see how much all my budgets add up to and how much I've spent total out of my total budget? It says I have "£X" amount to spend, where "£X" is everything in my accounts, including my savings. No, I do not have all that to spend. I just want to see how much of my monthly budget I have left to spend.

Third, the Budgets are no longer a tab at the bottom and are hard to find.

Useless and hard to navigate now. Will be finding another app to manage my budgets. I've heard good things about You Need A Budget.

It’s not bad but unfortunately most of my savings are in accounts like Marcus which can’t be connected so I spend a lot of time manually updating balances

Hi,

Love the App. Much better than some I have recently tried. However, it would be nice if there was:

1. Split records
2. Edit tags (name, colour, icon)
3. Sub categories
4 Overviews in Mastercard (categories)
5. Have a cash record
6. For some reason it lists multi entries of the
same transaction(s) in D/D's? It's not poss
to delete.

I look forward to new updates! Soon!!

Thanks,

Shaun (not my actual a/c name)

Have used classic for a couple of years and it's been really useful. I understand why the move to Neon has been made by the company but having spent AGES setting up and fine tuning the very important categories in classic, replicating that in Neon is probably a bridge too far. I can't believe there's no "import" function for categories and category hierarchies into Neon, seems such a simple thing to introduce(?). Also missing some key reporting and dashboard functionality and don't want to migrate over until I see that this will be added to Neon.

Also there doesn't seem to be a hierarchy for categories which is ESSENTIAL, eh?!

Thanks for the response, much appreciated. My opinion is that you've launched Neon too early. Virtually every post & response refers to missing and important functionality that "is coming soon". There's very little if anything I can do with Neon at the moment that I need to do. I also need capabilities over 2 to 3 years so if I switch to Neon I'll have to use both systems to cover this timespan.

After just creating an account I have realised that there is a lot of functionality not available which i thought would be. Having now read previous reviews and feedback I have seen that developers are working on updates as neon is a new product, and i will wait to see what appears, would be good to have an estimated date of new functionality however. Having used You Need a Budget previously I feel i had more control of my finances but it was time consuming due to having to manually upload transactions and it was costly.

What would be a great benefit on the dashboard would be:

1. Option to Categorise accounts, to enable account filtering on the overview. i.e. i have a joint and single accounts, if i filter out the joint accounts on the overview page I still see all the budgets for the joint and single accounts so don’t get a sense of what my own separate spending is.

2. Ability to split transactions, I have 1 transaction that should be split across 3 different budgets but at the moment i can only categorise the transaction which does not reflect truly into my budget.

3. An annual budget option or a choice when creating the monthly budget for the unspent funds to be added to the rolling budget amount. 2 examples - i save monthly for house insurance, instead of putting into a savings pot i would like to see on the budget the £20 allocated adding up each month but not being spent. Also if i budget £40 a month for clothes but only spend £20 one month i would like £20 to remain in the budget. This allows me to see my budget at the bottom of the page and not have to move money from various saving pots.

Really useful tool for monitoring my income/expenses. I'm able to connect all my key spending cards and analyse my transactions in detail (or let the system do it for me)

Used to be SO good, what happened?

Calendar view: gone.
Intuitive drag and drop feature: gone.
Easy to use add bills when and where you want: gone

All I loved about Money Dashboard classic: either gone or hanging by a thread.

Shame.

edit: Thankyou Money Dashboard for the swift reply. I will check it out in the future once you have fixed these issues.

Has potential but a few features I would consider obvious requirements are missing.
I can't have my "month" start when my pay goes in - since that's how I organise my finances it makes the usage data fairly hard to use in any practical way.
A portion of my regular income is in cash and there doesn't seem to be any way to add this or add a cash transaction.
Some of my banks aren't compatible with the app - I don't seem to be able to add my Danske bank account or my preloaded revolut card

Since I can't include all my financial activity it's hard to use it, but it has great potential if these issues are addressed

Has been great getting my finances in order and giving me a way to plan

Previously the app did not work as it should, however the recent experience has been very good and the app now works perefctly and is a very useful tool for consolidating your accounts and keeping track of finances

Been using Money Dashboard for 3 years now and I think It's quite good but Marcus bank has disappeared from the list and it's not updating anymore, such a shame. Tried to use the Money Dashboard Support and it is useless (I don't want a bot).

This was a great tool for us to plan and manage spending - once we went through the pain of setting it up and sorting through and allocating spends to the right categories. Now, suddenly, all my historic transactions (> 90 days) are duplicated! I do not have the patience (even during lockdown....) to go and find and remove all of these without a guarantee they wont just come back again.

Have used and loved this software for a couple of years now but it’s no longer a viable product.

After buying a new phone and downloading the app I was constantly being met with incorrect password I was slightly confused, turns out they have brought out a new app and requires you to setup a new account.

Having setup the said new account and begun using the app, I am not sure of its purpose, its featureless and my own banks app offers more functionality including the ability to collate accounts from other banks? It’s truly a shade of its former self. I appreciate this is an early release, but it’s nowhere near ready for public use yet.

Even if fully updated to the standards of the classic app, it’s not something I would consider using. The fact it’s a new account means the years of data I have collated and carefully managed all this time is gone, gone just like that! I can off course continue using the existing setup, but it’s clear the app is the new priority and the old software will no longer be developed further.

Time to look for an alternative, absolutely gutted as this has become an integral part of my financial lifestyle :)

3 stars but only out of the love and use its provided me over the years.

Used for 3 years, now looking for an alternative. Such a shame.

I like the fact that all my accounts were in once place, saving time with personal finances and having a good sense of where my money is, and how much I can save and spend.

Lately, the company has released a neon version. It looks and functions well, but sadly is missing some elementary features such as personalised self-created tags, or even a running balance on each account. Because you can't create your own tags, it is difficult to draw up budgets. You can create budgets (on the phone app, though not on the web version), but these budgets can't be personalised to individual areas of spending. This naturally doesn’t distinguish between "wants" vs. "needs." For example, My wife and I used to have pocket money each month, where we could spend it on our own hobbies- not possible with the neon. This is akin to accountancy software unable to create new nominal ledger codes - instead you are forced into lumping funds into big accounts. I no longer can separate my income into 'my salary','wife's salary','self employment income' and 'dividends', now it's just all under 'Income.' (not good!).

Secondly is the lack of a planner for one-off spends. For example, I would like to know if I can spend some money on a new iPad. Original app: go to planner and add this - beautiful charts. Neon: nothing. Neon seems to suit the individual who is out of control of their finances and needs to be told how much money is left over after bills to spend happily. The important concepts of "wants" vs "needs", planning to save and good budgeting are not available in the Neon app's design and methods. The app reflects more a headless-chicken approach to personal finances - promoting instant-gratification spending with money spare after you've paid your bills.

I’m really disappointed. What seemed like such a good company is fading in my opinions. The original app was good for the financial novice all the way to the fully qualified accountant.

So why can't I just stick to the original app and not worry about Neon? (This is where I really think the company has really shot itself in the foot). By releasing the neon version it marks a statement that they will no longer make improvements to the original app. (though they do promise that it will be supported). This intentional decision, followed by a poorer new app, has sadly guaranteed me leaving.

EDIT: Money Dashboard say there are new features being added to Neon. - but why didn't they delay the launch until these new (in my opinion, essential) features were added?