Comments on: YNAB Review (You Need A Budget 3) | Finance Software Review

By: Craig Ford

Craig Ford — Sun, 15 Jan 2012 20:49:14 +0000

Mike,
The foreign currency issue is the reason why I went with Moneydance.

By: Mike

Mike — Thu, 12 Jan 2012 22:41:17 +0000

I tried Cashculator, Moneydance, and YNAB, and I have been using Money Map by Crown Ministries for about 15 years. I’m seriously thinking of switching to YNAB. Cashculator and Moneydance do not handle envelope budgeting, which is so helpful if you don’t want to zero your budget each month. Cashculator also doesn’t do separate accounts, so you have to lump all your money as one figure into the budget. Money Map has been my meat and potatoes for so long, but I can’t import account information, nor can I export files to any other program. In addition, I’ve had a bug or two in MM that messed up my information in past years. YNAB is quicker to handle, does envelope budgeting, tracks that budget brilliantly, and keeps things simpler than MM. The biggest drawback for me is a lack of multiple currencies, since I live in Australia and have a USA account. But since that account is not part of my budget, YNAB does allow you to use it without affecting budgeting figures. I suppose I would have gone with Moneydance if they did envelope budgeting.

By: Miriam Peite

Miriam Peite — Fri, 15 Jul 2011 02:31:29 +0000

When we compare accounting software, YNAB will surely be on top of the list for it is the only one who can carry out a great job when budgeting is concerned.

By: Carnival of Financial Planning - Edition #149 - July 9, 2010 | Personal Investment Management and Financial Planning Blog Directory

Fri, 09 Jul 2010 06:41:38 +0000

[...] Ford presents YNAB Review (You Need A Budget 3) | Finance Software Review posted at Money Help For Christians, saying, “A review of my experience with You Need A [...]

By: Jesse

Jesse — Tue, 06 Jul 2010 14:55:01 +0000

Hi Craig,
Jesse from YNAB here. Just wanted to say thanks for the very thorough writeup! I appreciate it.