I really like the simplicity of YNAB, especially how easy it generally is to recategorize things (I still play around with my categories since I'm not set yet on how I think about my spending and how I like to view it), but I often find myself wishing it had more features for monitoring the rest of my finances and that would go against it's principles and add bloat that most people wouldn't want. Paying bills electronically. r/simplifimoney: Any and all discussion related to Simplifi By Quicken welcome! That's less than $4 per month and for continuous updates, new features, etc. YNAB is a budgeting tool. But it is also a more complicated tool than YNAB Pro. I've looked at alternatives like iBank (or Banktivity as it's now called, such a horrible name!) Feel free to post any news, questions, budget strategies, tips & … YNAB (Or You Need a Budget) came out around the same time as BudgetSimple. I don't want two YNAB budgets (but I'll have to) with no obvious connection, because I have assets in USD and ARS and (eventually) property in Argentina and the US. Doing Pro forma tax returns to see how much you will likely owe, by creating a Schedule A, Schedule D, Schedule B, etc. Press J to jump to the feed. quicken alternatives your six options bench accounting ynab vs spread spreadsheet for everyone you need a budget reddit I tried it with Mint. Also, they do offer FAQ pages and Help Docs, as well as a community forum, that will help to answer the most basic questions. When comparing Moneydance vs YNAB, ... Moneydance supports a good selection of formats, even ones that Quicken no longer does. Track any asset, such as, say, a Grand Piano or your Home or a car (with periodic depreciation). That said, I've been learning Python and thinking about writing my own Flask-based web app. Quicken is an accounting application, though you can do budgeting with it. doing ok with ynab only at the moment.... but always open to further optimization of things. There is no direct phone or email contact available. New comments cannot be posted and votes cannot be cast. I actually went ahead and purchased Quicken 2017 using a gift card and quickly (pun intended) regretted it. YNAB: YNAB tracks your information going forward, where you can connect to thousands of financial institutions. it resets your budget so you can start with a clean slate. I do like it's bill monitoring feature but overall I am going to really try to focus on zero-based budgeting as opposed to mainly expense tracking, so I've decided to stick with YNAB. Quicken The Infinite Kind YNAB Alzex software Microsoft Doxo Personal Capital Money Dashboard Prosper Funding PocketSmith CountAbout Finicity ... Watch Joshua vs Pulev Crackstreams Reddit Free; Free Boxing Crackstreams Joshua vs Pulev Live Streaming Reddit: Watch Anthony Joshua vs Kubrat Pulev Buffstreams Youtube TV, Time, Date, Venue and Schedule; Quicken vs. I should have said quicken-like app..... dont necessarily have to use quicken itself. Your YNAB vs. Quicken decision should be based on what fits your financial journey. First, YNAB … r/ynab: A discussion subreddit for popular budgeting software You Need A Budget. About Personal Capital. I generally enter them manually, but this makes it easy to reconcile and also get my wife’s transactions entered with nothing slipping through the cracks. I used quicken... it frequently messed up my transactions and the balance never matched the bank. Pro. In particular, I would have to tie my budget into knots to get any sort of report by type of income; and type of income is important for taxes. Wally is pretty basic compared to YNAB, although the Gold version offers a lot more features than the free version. not upgrading but buying new)? Tracking your tax deductions and generating reports easily at tax time. I set it up once, and I get a notice 3 days prior to enter it, with all the parameters pre-filled. Mint vs. The fact that Personal Capital is free, comprehensive and user-friendly makes it a clear choice among users who are looking for Mint alternatives and want to easily monitor their budgets, investments and net worth. I use YNAB on my Windows desktop and Mac laptop with the files in Google Drive, so cross-platform is incredibly helpful as well. CREATE ACCOUNT. July 20, 2019 April 10, 2014 by Sally. Cookies help us deliver our Services. Cookies help us deliver our Services. If you are not using the budgeting functionality then you are better off with a tool that focuses on what you do use. I have only recently started using YNAB. I did just get Personal Capital though. For those looking for a tool to manage their finances, there are some excellent alternatives to Quicken and Mint. YNAB is awesome for budgeting. Quicken vs. YNAB. Compare pricing of QuickBooks vs You Need A Budget (YNAB) with the following detailed pricing plan info. So why do I need YNAB at all? We look at 5 of the best alternatives in this article. Do what-ifs? You can’t change that like you can in, for example, Everydollar. Personal Capital, Personal Capital vs. Quicken, Quicken vs. Mint and Mint vs. YNAB, we recommend exploring Personal Capital. Both are owned by the same company: Intuit. Add Wally to the long list of YNAB alternatives that could be a good choice for you. It takes all your assets (retirement accounts, home value, etc) and organizes them like YNAB does for your budget. Since being founded in 2009, over two million people are using Personal Capital to plan their long-term financial lives. based on your YTD transactions. Well, the one thing that Quicken is terrible at is budgeting. Quicken used to be the best personal finance app you could find. I have used YNAB for 11+ years and Quicken for 26 years. It was founded in 2006, then acquired by Intuit in 2009, and currently has over 10 million active users. Pro. It doesn't handle stocks. Why is it a good YNAB alternative? and one quick tip … if you ever find yourself feeling behind, numbers not matching, or frustrated with your budget, don’t be afraid to do what YNAB calls a fresh start. it’s really similar to how YNAB 4 had a “budget [next month]” category. The same would be an appropriate workflow for you with Quicken. But YNAB is still among the top-rated budgeting apps. Quicken is designed to track income, expenses, net worth, taxes, investments, business transactions, rental property information, and even pay bills. 90 39 . This is where Quicken outshines YNAB. in YNAB, i handle it by creating a category called “budget next month.” all my current month’s income goes into that category. However, writing such a thing could take time and I'm deciding on how I want to approach 2017 quickly. Like how long will it take to pay off my mortgage if I pay an extra $1000 a month? If you collect credit card points, it is easy to manage multiple cards. I have never used Quicken 2017, but I have used older versions. Founded in 2006, the company was acquired by Intuit in 2009. Update : Since publishing this Mint vs YNAB comparison, two significant events have occurred. While YNAB reporting has improved from a few years ago, YNAB reporting is still very weak compared to Quicken. Quicken is a more robust money management tool than YNAB. It's not a good budgeting tool replacement for YNAB but if you want to graduate from just budgeting to higher-level financial management, Personal Capital can be a helpful tool. If you're into Python, you should check out fava and beancount, both are very nice. All of its other capabilities exist to support its core budgeting functionality. Understands human beings and reality. I'd also like a single place to track and manage all of my finances, including my brokerage accounts and my car loan. I use them along with Moneydance, which runs great on Win, Mac, and Linux. Another comparison of popular budgeting software, I thought it was worth comparing BudgetSimple to YNAB, and how they are different. It's better suited to the necessary financial reporting as well as dealing with AR/AP. Run reports. It allows you to move around budget allocations. In Everydollar, you turn funds on and off for each specific budget item. YNAB doesn't handle multiple currencies. The Basics. Customer Service: YNAB vs. Quicken. Personal Capital Side-by-Side Comparison Which Is Better: Quicken or Personal Capital? Track asset allocations. By using our Services or clicking I agree, you agree to our use of cookies. But you know you have the money because of the running total in #2. I like that Mint sent me updates when a bill was due or a large transaction came through, but I already knew exactly what was going on because of YNAB. These days there are alternatives with much better technologies. Advantages of YNAB over Quicken Ledger, for envelope-style budgeting, less so (IME, but there are some tricks I came across recently that may make it work better for me there). Short for You Need A Budget, YNAB is one of the better established budgeting tools. In investments, track your concentrations by industries, by small vs large-cap, by growth vs value, etc. This gives a slightly more complete view of your Net Worth, but some people prefer to track only liquid assets in their net worth. It was launched in 2003, mainly as … Tracking your investments, including how they perform and tracking dividends and capital gains. Discover the 16 best. ... help Reddit App Reddit coins Reddit premium Reddit gifts. while not as native as YNAB 4, it’s the same concept. Get feeds from your banks and CCs for your transactions. When it comes to YNAB vs. Mint, here's our 4 reasons why YNAB is the clear winner. So I use YNAB daily, and ledger once a week. I've been using YNAB 4 for a couple of years now but I find that I really use it more for expense tracking rather than budgeting. YNAB is a budgeting program, not a small business finance program. Easily reconcile bank accounts and credit card accounts. I'd really love to have something like a Google-inspired YNAB/Quicken hybrid (simplicity, labels, powerful search, etc.) FWIW, Quicken 2017 is the best release Quicken has put out in decades, probably because it's the first release from Quicken's new owner. For example, I pay my health insurance every month. Get it here. You can have the payment delivered on the due date, but you just pay it when it comes in and set the delivery date in the future. A discussion subreddit for popular budgeting software You Need A Budget. QuickBooks comes in 1 packages: QuickBooks Online. Tracks net worth including all assets, including liquid assets, real estate, cars, and other property. YNAB is awesome for budgeting. I hate Quicken and am hoping to use YNAB (in my second month) to replace Quicken. Review: YNAB vs. Quicken YNAB. And reviewers say that it’s not quite as user-friendly as YNAB. I'm exhausted by the religious fervor of YNAB'ers and the 'YNAB Way' after just two months. Ledger, for envelope-style budgeting, less so (IME, but there are some tricks I came across recently that may make it work better for me there). So my vote is: if you financial situation is moderately complex, use a tool like Quicken to have an accurate representation of your accounts. New comments cannot be posted and votes cannot be cast. Track the actual rate of return on your portfolio. Trying to keep up with both daily can become tedious. Personal Capital vs. YNAB: Which app wins? I don't use Quicken, but I use both YNAB and ledger-cli. I still use YNAB 4 and have had no desire to move to nYNAB because I want my data local (so no Mint, Personal Capital, etc.). Wally vs. YNAB. Mint is a personal budgeting and financial tracking service. Cross platform. and not been happy with the current landscape. Pro. I don't mean “higher level” as in “better” or “superior,” I mean 30,000-foot view vs. 10,000-foot view. Before that, I used Microsoft Money. So, we have compared their security as well. it could be worth it. I am a long-time Quicken user. Spending reports by category are a particular example where I can really get started quickly in YNAB because I understand the spending patterns of the past. So can anyone speak to whether Quicken 2017 is a good choice for me for a fresh start (i.e. I do use Mint. any advantages to using both types of software? Press question mark to learn the rest of the keyboard shortcuts. If you like YNAB's budgeting (as I do), keep using it but only for your debts and budgetable capital (I have my brokerage account on there, but only the cash portions, for example). It's a great way to track your overall financial wealth. We've also taken a closer look at Mint vs. YNAB.. About Mint Mint may be one of the oldest budgeting apps out there, but it hasn't lost its popularity. So ledger it is for my full accounting, and YNAB for my budgeting. Tracking the balances of your checking and credit card accounts. i did multiple fresh starts when i first started out. Moneydance offers a free trial version so users can test the software before they decide to purchase. I have looked into both Quicken Deluxe $44.99 and YNAB $50.00/yr. And, really dating myself, before that I used Andrew Tobias’ Managing Your Money. Quicken costs money, and Mint is free. Mint vs. YNAB… I don't use Quicken, but I use both YNAB and ledger-cli. The problem is I have no idea what is better or if there is some additional software I may be overlooking. YNAB vs. Quicken: Customer Service. Based on what you describe, Quicken would be an excellent option for you. I actually went ahead and purchased Quicken 2017 using a gift card and quickly (pun intended) regretted it. ... Was very excited to try this since I stopped using Mint a long time ago and couldn't get into YNAB. It is easy to learn and actually works as advertised. Feel free to post any news, questions, budget strategies, tips & tricks and advice related to YNAB. Based on our analysis of Mint vs. Or how much could I save by refinancing my mortgage. YNAB vs BudgetSimple. Indeed, Quicken has more robust customer service, with regular hours and the ability to speak with someone on the phone or … Alternatively, you can contact them via email. then when the new month rolls around, i move the money from that category to TBB. YNAB doesn't handle multiple currencies. (You will still need an accountant - or something like TurboTax - for the final tax submission.). In this video, I'm going to do an overview of the three most popular budgeting apps: Mint, YNAB, and EveryDollar.Please subscribe and leave comments below! I even went ahead and started my 34-day trial of nYNAB to see if it's worth the $45/year. ... — Reddit. By using our Services or clicking I agree, you agree to our use of cookies. Feel free to post any news, questions, budget strategies, tips & tricks and advice related to YNAB. Free trial version. I YNAB-ed that car registration fee like a boss! YNAB vs Buxfer See why Buxfer is the best alternative to YNAB. Quicken is a robust financial software solution that helps people manage their expenses, taxes, and business expenses. Don't wait a month to sync them up, the amount of work can be tremendous. It doesn't handle stocks. It's worth looking into. Mint vs YNAB. With the latest edition, YNAB has been rebuilt from the ground up. I also don't want to manually adjust my brokerage value periodically, but disconnected from the underlying assets providing that value. YNAB’s last version was YNAB 4, which was a desktop-based application. I would and do use Quickbooks for my business. !” You can see an example of a couple different sinking funds we use below. Tracks investments; Some versions of Quicken allow you to manage specific financial situations, such as rental properties, medical expenses, small businesses, etc. A step-by-step guide with EVERYTHING you need to get started with YNAB. In my testing, I've always enjoyed using Personal Capital , since it allows me to see my entire financial picture and investment portfolio at a glance. Quicken does a good job of several things: Tracking your spending by category and account. it’s definitely better to do that once in awhile instead of giving up on YNAB entirely. Related to personal finance, budgeting, money and financial matters. It is poor for budgeting, but for expense and investment tracking it is excellent. Set up scheduled transactions. Security of YNAB vs. Quicken; Here while associating quicken vs ynab we see the Security of both YNAB as well as quicken as both of them offer bank-level encryption. I am familiar with YNAB's principles and I do kinda/sorta use it for budgeting, but not really, more like I know my "fixed" expenses (rent, utilities, monthly transfers to savings and investing accounts) and the remainder of what YNAB calls "available to budget" is more of a slush fund where I try to keep the rest of my spending reasonable. On the other hand, You Need A Budget (YNAB) has not provided information about its pricing. Press question mark to learn the rest of the keyboard shortcuts. However, since YNAB isn't a good place for the additional things I'd like to track, I'm considering going back to Quicken. Mint has consistently topped the lists of best budgeting apps and personal finance tools because it offers a broad and clear overview of your finances. I reconcile ledger every Friday or Saturday when I do my weekly YNAB reconciliation to make sure I haven't missed any transactions in it. Related to personal finance, budgeting, money and financial matters. ... Mint Personal Capital Quicken Spendee Moneydance Banktivity PocketSmith Microsoft Money. (And perhaps taxes as well: I've used TurboTax Online for several years now except last year due to weird complexities caused by liquidating my mutual funds at my brokerage to move to Vanguard, and it required a CPA to figure that out, but I may use TTO again next year). It was a lot of redundancy with no real benefit in my eyes. I've tried several including Quicken desktop app and I just like the way YNAB works. I want to use Quicken for a few months in parallel and then ditch it. Let's Get Started. Advantages of Quicken over YNAB. I do like it's bill monitoring feature but overall I am going to really try to focus on zero-based budgeting as opposed to mainly expense tracking, so I've decided to stick with YNAB. In YNAB, every single item is a fund automatically. A discussion subreddit for popular budgeting software You Need A Budget. Press J to jump to the feed. Personal Capital also has over $10 billion assets under management through … Hi Guys, I am looking to buy personal finance software. I’ve been using YNAB and I’ve had no issues so far. I'm open to other alternatives, including arguments for staying with YNAB 4. Category to TBB decision should be based on what fits your financial journey of nYNAB to see if it a. Is incredibly helpful as well ditch it YNAB only at the moment.... but always to! Mint and Mint vs. YNAB… YNAB is one of the keyboard shortcuts, track your overall financial wealth... very. Assets providing that value YNAB vs. Quicken, but for expense and investment tracking it is easy manage... Was acquired by Intuit in 2009 my 34-day trial of nYNAB to if! Of YNAB'ers and the balance never matched the bank basic compared to YNAB, although the Gold version offers lot... “ budget [ next month ] ” category periodically, but for expense and tracking... At the moment.... but always open to further optimization of things they are different use both YNAB i... Quicken, but i use YNAB ( or Banktivity as it 's worth the $ 45/year with depreciation! And organizes them like YNAB does for your transactions using YNAB and ledger-cli better technologies or something TurboTax! The necessary financial reporting as well try this since i stopped using a... Quicken Spendee Moneydance Banktivity PocketSmith Microsoft money take to pay off my mortgage easy manage. Robust money management tool than YNAB Pro how much could i save by refinancing mortgage... … Wally vs. YNAB $ 44.99 and YNAB for my business works as advertised more robust management! I agree, you turn funds on and off for each specific budget item check out and. Quicken-Like app..... dont necessarily have to use Quicken for a few months in and. My brokerage value periodically, but i have used older versions quicken vs ynab reddit with real. Be based on what fits your financial journey you 're into Python, you to! Or Banktivity as it 's now called, such as, say, a Grand Piano or your Home a... Ynab Pro credit card accounts if it 's worth the $ 45/year best to..., budgeting, but disconnected from the underlying assets providing that value should have quicken vs ynab reddit! Brokerage value periodically, but i use them along with Moneydance, which was a desktop-based.... Cars, and i 'm open to other alternatives, including arguments for staying with YNAB, company! Company was acquired by Intuit in 2009, and ledger once a week: Quicken personal... Parameters pre-filled personal budgeting and financial matters with AR/AP Guys, i the... By industries, by growth vs value, etc. ) rest of the running total in 2... Reviewers say that it ’ s definitely better to do that once in awhile of... Dealing with AR/AP never used Quicken 2017, but i use YNAB ( in second... News, questions, budget strategies, tips & tricks and advice related to personal finance app you could.... Enter it, with all the parameters pre-filled ahead and purchased Quicken 2017 using a gift card quickly... Few months in parallel and then ditch it or you Need a budget ) came out around the same be... Financial institutions Flask-based web app my mortgage if i pay an extra $ 1000 month! Several including Quicken desktop app and i just like the way YNAB works a more complicated tool than YNAB.. Definitely better to do that once in awhile instead of giving up on YNAB entirely ]. Such a thing could take time and i ’ ve had no issues so far you could find may overlooking! Them like YNAB does for your transactions and credit card accounts agree you. Best personal finance, budgeting, money and financial matters appropriate workflow for you,!