Following the March demise of its encyclopedia, Encarta, Microsoft is to discontinue its personal finance and small business software product, MS Money.

In a statement on its website, the Seattle-based software giant says that MS Money Plus will not be available for purchase after 30 June and that all purchased Money Plus products must be activated prior to 31 January, 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," the statement says. "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."
It adds that it will continue to provide personal finance information and advice on MSN Money.