![]() ![]() To better manage your money, the YNAB budgeting tool follow four rules: Users are actively involved in maintaining their budgets, and to get the most out of the app will need to spend time reviewing and categorizing their finances through the platform. YNAB takes a much more hands-on approach to budgeting than other personal finance apps. It’s available as a mobile app for both Apple and Android phones, including the Apple Watch, on a desktop browser and through an Alexa system. YNAB is popular, scoring a 4.8 out of 5-star rating on the Apple App Store and 4.6 out of 5 stars on the Google Play Store, with more than 55,000 reviews between the two platforms. YNAB offers multiple tools that can be difficult to find in other apps, like splitting transactions and sharing a budget. Transactions and bank information will automatically sync to the app and any devices where it's installed. Users can create budgets, run reports, measure their progress toward goals, and monitor their net worth. With this method, every dollar you bring in gets directed to a goal, like paying monthly expenses, saving for the future, or paying off debt. YNAB was founded in 2004 by Jesse Mecham and is a digital version of the popular zero-sum method for managing your money. Continuing education through videos, workshops, blog articles, and online support.Share budgets with up to six people through YNAB Together.Automatic account syncing to your bank accounts.$14.99 a month or $99 a year, plus taxes where applicable Since YNAB offers a free 34-day trial, it’s worth checking out and seeing if this budgeting app is right for you. It is relatively expensive compared to other apps on the market and can have a steep learning curve. Our verdict: YNAB offers great budgeting features and requires a hands-on approach to managing your money. No bill tracking or direct bill pay through YNAB.Investment tracking is possible but not easy to do.It can be difficult to learn and time-consuming to maintain.It’s more expensive than other budgeting apps.Automatic syncing through multiple platforms, including iOS, Android, and Alexa.Create multiple budgets, including shared budgets with family members. ![]() A free 34-day trial lets you try out the app and its features before committing.You can link your investment accounts, but tracking them through the app is not intuitive and may require additional work.YNAB does not have bill tracking or bill-paying features.It’s easy to customize and track expenses and create goals, but you may need to set aside dedicated time to keep everything updated.YNAB costs more than most competitors after the free 34-day trial period - $14.99 a month or $99 a year.Every dollar you bring in has a purpose: paying monthly expenses, saving, or paying off debt.If you’re looking for a new budgeting app, this YNAB review will help you determine if it's right for you before signing up. We like its flexibility, educational tools (including webinars), and its approach to managing credit cards. Although it’s not free, and it’s more expensive than many competitors, it offers several features that could help you save money, pay down debt, or budget for the future. It offers users tools to create an in-depth budget and helps them give every dollar that comes in a job. You Need A Budget (YNAB) is a budgeting app that helps people get a handle on their finances. ![]()
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