You may have heard the news that microsoft money plus will not be available after June.

Important notice: Microsoft Money Plus will not be available for purchase after June 30, 2009. All purchased Money Plus products must be activated prior to Jan. 31, 2011.

With banks, brokerage firms and Web sites now providing a range of options for managing personal finances, the consumer need for Microsoft Money Plus has changed. After suspending annual updates of Money Plus in 2008, Microsoft is announcing today that we will no longer offer Microsoft Money Plus for purchase after June 30, 2009.

You can check out Microsoft’s announcement for more details. If you’re an MS Money user, you’ll probably soon be hearing from (or about) software companies that are hoping to swoop in and snag your business. If you’re interested in replacing MS Money, here are some free alternatives:

• Quicken Online: If you’re looking for an Intuit product that’s available at no cost, then try out Quicken’s free online version.
• Mint.com: This online personal finance tool is one of the most recognized in its space. I’ve actually covered them a little bit on this blog. Find out how Mint stacks up to similar tools in the following articles: Mint vs Thrive and Mint vs Wesabe.
• Wesabe: This is another great money management tool that comes with a highly regarded online community. They’ve got some cool forums too.
• Thrive: With this tool, you’ll be able to do the basics: make a budget, manage your spending, manage your savings, plan for your future and get a credit score. Check out my Mint vs Thrive post for more insights.
• moneyStrands: Yet another financial site to help you set up a budget, control your spending, and start saving… you get the picture. I’m sure there’s more where this came from.