How to Run Quicken 2007 After Upgrading to Mac OS X 10.7 (Lion)

At the risk of beating a dead horse, I have a bit more info on the Quicken/Mac OS X Lion debacle… According to MacRumors, OS X Lion will allow you to run multiple copies of OS X in virtual machines on a single computer. This means that you should be able to update to Lion (10.7) but continue running Snow Leopard (10.6) or earlier using VMware Fusion or Parallels.
Translation: If you have (or are willing to buy/install) Fusion or Parallels, you can update to the newest version of OS X while still running an older version that supports Rosetta, and thus Quicken 2007.
This is a somewhat clunky workaround, but if you’re willing to run Windows in a virtual machine in order to keep using Quicken, then you’re probably willing to run a second version of Mac OS X in the same fashion.
In other news, I received an e-mail from Intuit last night finally acknowledging the lack of compatibility. Their recommended solutions were to “upgrade” (i.e., downgrade) to Quicken Essentials for Mac, switch to Mint.com, or switch to Quicken for Windows.
Of course, there are other (non-Quicken) options out there. I will try to put together a list of these options sometime in the near future. If you have any suggestions, please leave them in the comments.
Source: MacRumors via OS X Daily via George from Tulsa
Disclaimer: Discover is a paid advertiser of this site.
Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.
Modified on July 12th, 2011 - 13 Comments
Filed under: Miscellany
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
Related articles...
» PSA: Export Your Quicken 2007 Data Before Upgrading to Mac OS X Lion» Intuit Promises to Add Lion Support for Quicken 2007
» Intuit Patches Quicken 2007 for Mac
» Intuit to Update Quicken 2007 to Run on Mac OS X Lion?
» Will Mac OS X Lion Kill Quicken 2007?
» Quicken Mac (or PC) Alternatives
» Quicken 2009 Discounts
» More Discounts on Quicken 2009
Was this article useful? Please sign up to receive our content via e-mail:
13 Responses to “How to Run Quicken 2007 After Upgrading to Mac OS X 10.7 (Lion)”
Leave a Reply
Top Cards by Category
Earn 100 Reward Dollars after you make $1,000 in purchases in the first three months of Cardmembership.
Bonus Miles: Earn 30,000 bonus miles toward Award Travel after you spend $500 on the Card within the first three months of Cardmembership. Earn As You Spend: Get 2X miles on Delta purchases and 1X miles for all other eligible dollars spent.
Consumer friendly credit card with a great low rate of 7.25% and save on interest charges. No balance transfer fees and no annual fee.
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
Consumer friendly credit card with a great low rate of 7.25% and save on interest charges. No balance transfer fees and no annual fee.
Limited Time Offer: Get 25,000 Membership Rewards(R) points after you spend $5,000 in the first three months of Card membership. Enroll and select a qualifying airline to receive up to $200 annually in statement credits for incidental fees, such as checked bags and in-flight refreshments, charged by the airline.
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
- How to Become a Millionaire
- How to Get Out of Debt
- The Best Dollars I've Ever Spent
- How Our Estate Plan is Structured
- How We Paid Our Mortgage In Less than 10 Years
- Money Making Ideas
- How to Manage Your Asset Allocation with Multiple Accounts
- Consumption Smoothing - Save While the Saving's Good
- How to Save on Groceries
- How Much Life Insurance Do You Need?
- Eleven Great Books About Money
- Dave Ramsey is Bad at Math
- Dish Network Customer Service SUCKS
- $8,000 Homebuyer Tax Credit
- Pay Off Mortgage Early or Invest?
- How to Claim the First-Time Homebuyer Tax Credit
- Termite Control: Sentricon vs. Termidor
- How Much Should You Pay a Babysitter?
- Ethanol Blended Gas = Lower Mileage?
- Reduced Credit Limits? Share Your Experience
- $15,000 Homebuyer Tax Credit
- Will Mac OS X Lion Kill Quicken 2007?
- Buying Furniture off the Back of a Truck
How to save money on insurance
- How I cut my spending in half to take a job I loved
- Working longer: Fallback or fallacy?
- More money, more happiness: Do you think money can buy happiness?
- Overdraft fees soared to $32 billion in 2012
- How do you combat prom inflation?
- How should you choose a bank? Look in the mirror.
- The cost of clean water
- College debt 101
- Is it possible to live debt free?
- How to prepare for a home appraisal
July 6th, 2011 at 2:14 pm
I certainly hope you’re right, but you have nevertheless made a rash assumption: it may not be possible to run Snow Leopard Client in a virtual machine under Lion. You may only be able to run other virtual instances of Lion. Which doesn’t help the Quicken situation at all.
July 6th, 2011 at 2:43 pm
driverblock: According to the discussion following the article at the OS X Daily link above, it will be possible to run Snow Leopard, which means that Rosetta-dependent apps should work.
July 6th, 2011 at 3:32 pm
Yes, I see that. Not exactly an authoritative-looking post. You may continue to color me skeptical-yet-hopeful.
July 7th, 2011 at 11:59 am
I would really appreciate some alternatives. Quicken Essentials will probably do what I want. I don’t track investments, though I do have transactions on investment accounts. I use online bill pay, but I can move those transactions over to my bank’s web site. Running Quicken for Windows on a virtual machine would probably be the easiest solution, but I am just irked at the thought of giving any more money to a company that cares so little about its users.
July 7th, 2011 at 12:41 pm
Let me know if/when you find a suitable Mac compatible replacement for Quicken. I’m in the same boat and have used Quicken for eons! Dare I say it? Is Microsoft Money still supported and does it work on the Mac?!
July 7th, 2011 at 2:03 pm
iBank from IGG Software is a great Quicken alternative. I switched years ago and haven’t looked back since.
July 7th, 2011 at 11:18 pm
Apple Employee here — Use Virtual Box to emulate 10.6, it’s free.
July 21st, 2011 at 1:07 pm
I tried iBank but it totally fell down on the investment transactions. They have a flaw, have recognized and as of yet haven’t corrected it. I’ve been working with them since last year and they do not seem to be taking it seriously.
MoneyDance, same sort of issues.
See Finance works. It’s not even 1.0 and I worry if they will be around for the long term but they let you try a full version and it seems to handle all accounts well. It also does exports that I was able to put back in Quicken should that become needed. I’m still looking but I have ruled out iBank and MoneyDance.
If you don’t track investments, iBank should be a great alternative.
I’m sure there are other alternatives to consider as well but don’t trust any review that doesn’t mention investment accounts with short sales if you have that in your accounts. Most reviewers won’t take the time to go into that kind of detail.
July 23rd, 2011 at 8:23 pm
I went ahead and upgraded to Lion and now have the unsupported 2007 Quicken wherein I kept a file containing my passwords…. in a perfect storm my backup device failed. I’m wondering if I get the Quicken Essentials will I be able to actually use it in its unsupported state to convert unsupported to the supported and get my passwords….. thanks to anyone with an answer….Joe
July 23rd, 2011 at 9:02 pm
Joe — Apple Employee here, split your drive or use an external drive and install 10.6 on the second partition, then you can install 07 Quicken and move your data file over to the other partition
July 23rd, 2011 at 10:51 pm
Thanks Jared, please consider this, my wife has a Macbook with Snow Leopard, no lion upgrade yet, she also has Quicken 07. Even though my 07 Quicken is presently inaccessible and unresponsive the Apple Genius Group, locally, managed to shift some of the Quicken files to my wife’s MacBook in the hope of opening them and recovering the passwords, the problem was that we didn’t know what files actually contain the Emergency Records which contain the passwords,( I intend to call Quicken for advise on Monday) does this info change your advise at all….. Joe
May 1st, 2012 at 6:19 pm
Installation instructions for Snow Leopard (and Rosetta) into Parallels 7 in Lion:
http://forums.macrumors.com/sh.....st14799174
May 2nd, 2013 at 12:07 am
Woah! I’m really loving the template/theme of this blog. It’s simple,
yet effective. A lot of times it’s hard to get that “perfect balance” between usability and visual appeal. I must say that you’ve done a great job with
this. Additionally, the blog loads super fast for me on
Firefox. Exceptional Blog!