Quicken saves your financial information in a data file on your computer. As with other types of files, such as word-processing or spreadsheet files, you store this file in a folder on your hard disk. Unlike most other programs, however, Quicken immediately saves your information as you work; you don’t need to save the file manually. As with all important data, you should still back up your Quicken file frequently. Within a single Quicken file, you can add many accounts to organize your financial information. You can add several accounts (such as checking, brokerage, and so on), or you can start with a single account (such as a checking account). You can also add Quicken accounts to track other aspects of your financial life, such as a home mortgage or a vehicle loan. You should set up all your Quicken accounts within a single Quicken file. That way, you can use Quicken to create reports that reflect your complete financial picture. Initially, you may want to add only a checking or investment account. Later, you can add additional accounts to track more of your financial activities.
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