It is NOT a personal accounting system. I thought YNAB would be my way out of Quicken, but it isn't. This has revolutionized the way our family spends money. The budget is no longer a drudgery, but rather is totally freeing.
Overall, though, it's hard to beat the power and simplicity of this program. While it's not immediately intuitive, to anyone willing to understand the "YNAB Way" and work with the four rules, this software program can provide powerfully simple assistance in budgeting. I think automating this process is crucial. I hope to see more features come to this product, because they have a good start. Recently they held *free* online webinars to customers on how to use various features from simple concepts to advanced concepts. Now, who has ever seen that" I've had two incidents in which an imported transaction was incorrectly matched to an identical but already cleared transaction from a week earlier. In both cases, the matched transactions were actually transactions that I downloaded and imported to populate my account when I first installed the program, and had never been "matched" before. Bottom line: If you're most concerned with keeping track of your financial history, as Quicken is, then you'd be better served by Quicken or a similar product. YNAB is not that product. This system basically works by, as one commenter said, living off your last month's income. While hard to accomplish, once you do, this makes life MUCH easier. Otherwise, I would give NYAB a 5 star rating. Its USB portable too unlike Quicken and they don't try to send your personal business out all over the Internet, like Intuit insists on doing, which is a big plus!
Keep up the good work! I look forward to seeing what's in the works next.
And, with the new job and the pay increase, we had a little breathing room, but we really needed to do something about budgeting and learning to live within our means. I tried for two months to make Quickens budgeting process work for me, but I never could figure out where or how Quicken arrived at what it spit out at me each month, I tried creating my own spreadsheets, but nothing seemed to work for me.
The help offered online, in tutorials and in the forums, is important for those of us budget-challenged. I had used Quicken in the past; it didn't help me decide what to do with my income; YNAB makes it clear to see where the money is going and perhaps even to improve how much of it I can hang on to.
It's simply a great piece of software backed by a great methodology and wonderful support. As others have stated here, I have been a Quicken user for years (since the old "blue screen" days). It was easy to bring that in to $200 a month, which gives me an extra $300 to save or spend on my debt. You can't really budget a month in advance for a car wreck you don't know you're going to have.
After a couple of months, however, I went back to Quicken. I found that Quicken also has good budgeting features, and while not in the same vein as YNAB, I just find Quicken easier to use.
Overall, though, it's hard to beat the power and simplicity of this program. While it's not immediately intuitive, to anyone willing to understand the "YNAB Way" and work with the four rules, this software program can provide powerfully simple assistance in budgeting. I think automating this process is crucial. I hope to see more features come to this product, because they have a good start. Recently they held *free* online webinars to customers on how to use various features from simple concepts to advanced concepts. Now, who has ever seen that" I've had two incidents in which an imported transaction was incorrectly matched to an identical but already cleared transaction from a week earlier. In both cases, the matched transactions were actually transactions that I downloaded and imported to populate my account when I first installed the program, and had never been "matched" before. Bottom line: If you're most concerned with keeping track of your financial history, as Quicken is, then you'd be better served by Quicken or a similar product. YNAB is not that product. This system basically works by, as one commenter said, living off your last month's income. While hard to accomplish, once you do, this makes life MUCH easier. Otherwise, I would give NYAB a 5 star rating. Its USB portable too unlike Quicken and they don't try to send your personal business out all over the Internet, like Intuit insists on doing, which is a big plus!
Keep up the good work! I look forward to seeing what's in the works next.
And, with the new job and the pay increase, we had a little breathing room, but we really needed to do something about budgeting and learning to live within our means. I tried for two months to make Quickens budgeting process work for me, but I never could figure out where or how Quicken arrived at what it spit out at me each month, I tried creating my own spreadsheets, but nothing seemed to work for me.
The help offered online, in tutorials and in the forums, is important for those of us budget-challenged. I had used Quicken in the past; it didn't help me decide what to do with my income; YNAB makes it clear to see where the money is going and perhaps even to improve how much of it I can hang on to.
It's simply a great piece of software backed by a great methodology and wonderful support. As others have stated here, I have been a Quicken user for years (since the old "blue screen" days). It was easy to bring that in to $200 a month, which gives me an extra $300 to save or spend on my debt. You can't really budget a month in advance for a car wreck you don't know you're going to have.
After a couple of months, however, I went back to Quicken. I found that Quicken also has good budgeting features, and while not in the same vein as YNAB, I just find Quicken easier to use.
About the Author:
It doesn't paint rosy pictures of wealth in the future, it doesn't allow you to get by without having to actually sit down and SEE everything you've purchased, it doesn't give you pies and charts and graphs to help you understand your spending. GARAGE BIKE RACK IDEAS.
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