<title>Learn the difference between backing up and archiving</title>
<category>general</category>
<klink type="cncpt">Tell me the difference between backing up and archiving</klink>
</index>
<content>
<p><emph>Backing up</emph> When you back up your file, you simply make a copy of everything in your working Money file. Backing up insures that you don't lose any data in the event that your main Money file is damaged. Money backs up to your hard drive by default whenever you close Money. It's a good idea to back up regularly to a floppy disk as well in case something happens to your computer.</p>
<p><emph>Archiving</emph> When you archive, Money removes old transactions from your file to keep it a manageable size. For example, at the beginning of the year, you can archive all of the transactions of the year before the previous year. When you archive, you can specify a date range for archived data and accounts you want to change.</p>