I have been using Quicken for personal use for more than ten years. I have also been using QuickBooks for business use for several years. In order to simplify things, I am considering using only QB for both, by setting up a separate "company" for my personal, non-business, life. What would be the disadvantages of using QB for my personal life, assuming it is separate from the business file?
QB can't track investments.
I can't think of any, as long as you don't find QB difficult or time-consuming. Not only individuals, but estates and trusts can be set up in QB.
As for "tracking" investments, perhaps you can't automatically download stock transactions, but for any brokerage accounts, you can certainly record all contributions, distributions, and earnings, once per quarter should be adequate (unless you are a day-trader). You can also track tangible investments in real or personal property.
-Mark Bole
Probably QB doesn't have Home Inventory modules either. You might wish to inventory what aspects of Q you use vs. what is available in QB and see what floats your boat.
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