It is nigh-essential to have a Quicken Data Backup due to a multitude of reasons, which include:

• It keeps data safe for the worst-case scenario;

• Backup also helps in case of any migration.

To create a backup:

1. Navigate through File > Backup or Restore. Then choose Backup Quicken File;

2. Choose the location to backup, it can be an internal drive, external drive, or online drive;

3. Click on the Back up Now option to start the process.