Prompted by the recent price changes that infuriated me (100% increase) I will leave YNAB for an alternative. Let there be lesson to the other YNABers. It seems recent organisations/CEO changes have turned away lots of long-term YNAB supporters that the company to grow, were active in the forums and tried to help the community and the YNAB company itself.
Maybe the company will change their mind, but it is good to know alternatives.
So far some reasonable alternatives:
Feel free to add more alternative:
I guess I'm on the "I expected this at some point" side of the fence. I didn't experience a 100% increase though. We joined a few years ago at the current $84/year price so moving to $99/year is not a big leap for us.
We are still early in our YNAB fanboy / fangirl mentality too. Going from a "paycheck to paycheck", "spending foolishly" lifestyle, with $100's in our checking account, to now having multiple tens of thousands in the account with property tax savings, auto savings, vacations accounted for, etc. has us in a very appreciative YNAB state.
At some point you'll get what you pay for. Eventually these other companies will catch up and charge, and the costs will increase to a point that will cause this cycle of "looking for new options" to repeat all over again. I supposes we all have our point at which we will pay for value or feel cheated.
My 2 cents on the thread.
Trying Actual, the only issue I have is how to deal with credit card. I don't expect the YNAB way but I have spent half an hour trying to put a payment in between the main account and the credit card. Sorted it in the end but I don't like the negative balance in my budget screen as I should imagine when I get paid it would make setting up my monthly budget hard work. It's a small debt when zero interest, so I am paying it back each month. Will do some more reading but unless I find a solution I might stick with YNAB 4, did the payment on that in seconds
Wow! I just finished switching my budget / account tracking back to YNAB4, sync on dropbox, and the "classic" YNAB app on iOS. What an awesome setup! I actually think that for those of us that are the "legacy" YNAB users that were whacked with the 100% increase, the best YNAB alternative is actually YNAB4. Sounds funny, but it was so nice to go back to the original interface that gives me the control I want with none of the hassle and no ongoing expense (especially an expense that is doubling). I never really wanted the subscription model for YNAB anyway, but switched just to support the company since I was so impressed with the type of people they were. Now that YNAB has decided to go in another direction with regards to their oldest customers, I also feel no more inclination to send them any more money. Last step... just to delete my account and get a prorated refund. Thought I would post this idea in the forum before cancelling in case accounts are immediately removed once an account is deleted. Best wishes to everyone (including YNAB staff / company). I hope you all find a good budgeting solution or can continue using YNAB or YNAB4 in a way that works for you!
With YNAB, I feel they do a good job of listening to user requests and implementing said features
I do not agree with this statement, legacy users have submitted multiple request to fix things like stealing from the future (took for ever to fix that one), allow you to restore from the saved backup files (still not implemented), were promised a stand alone desktop app (still not there) and many others. Their standard reply is to submit a feature request and most of them fall on deaf ears. BTW, most of the legacy feature requests were to just bring the nYNAB up to the YNAB4 standard.
They are very good at responding to individual request for help and helping to resolve those types of problems. I think the customer support is great but implementing feature request falls short.
For those looking at Actual, a nice post from the dev here about the future of Actual, YNB4 and nYNAB import, and the sudden surge in interest following YNAB , oh so customer friendly, decision https://github.com/actualbudget/releases/discussions/19
Thanks to everyone who is trying out the alternatives and reporting back, since I don’t have the time or patience to fo so I am relying on y’all! It’s funny how we are still acting like YNABers, helping each other out with tips and sharing knowledge, even as we potentially become not-YNABers. Anyway I wonder if those who have been testing alternatives have advice for me, given what my unique situation:
- need to he able to enter transactions in mobile app (iOS)
- need goals and scheduled transactions
- I hate direct import and never want to use it
- I don’t have any wealth or investments (yet?) so do not care about tracking these
- don’t need fancy reports
- don’t know how to use spreadsheets and never had ynab4 so can’t go back to it, though from what I observe I think I share some needs and personality traits in common with the folks who liked ynab4 best.
I’ve been paying $50/yr, so maybe not one of the true OGs, but feeling the 100% insult now. But given my combination of preferences I am afraid I might have to suck it up. I learned everything I know about personal finance through ynab, so I don’t have anything to go back to! From the comments i have seen of legacy users leaving, most have skills and habits that predated ynab, or have gotten so good at it by now they can do it with any software, but that’s not me. I can recite the 4 rules in my sleep, but I don’t always follow them!
Are there good tutorials to learn to make spreadsheets calculate things? maybe it’s not too late?
Anyway, thanks for listening.
Well, direct import broke again on nYNAB with my bank. About the 5th time this year, once for a whole month. I've decided I really don't need direct import, so the doubling in price is even more of a waste.
My subscription runs out in July. It will be interesting to see how the competition shapes up by then. I am not in a hurry, I HATE switching financial apps. We've used YNAB since 2012.
So far I'm considering:
- Zero based budgeting
- No iOS app required
- Transaction rules and expense reports
- Mac OS
- That's it...just show me where we are saving for what
Those using Banktivity I have a couple of questions. I looked at their website and it states that even if you do not renew your subscription you can continue using the app and your data is always yours but you will loose your connected services. Are the connected services they are talking about direct import or cloud sync or both? I do not care about direct import but would need sync with my phones.
I also assume that you pay for a year up front rather than monthly, otherwise people would be paying for one month and then using the app for free if they do not care about direct import. Sounds like you are paying for the app the first year and then the renewal each year is to pay for direct import, am I understanding this correctly?
Also, how does cloud sync work, does the app use Banktivity's server for the sync or does it use your own iCloud?
Edit: Here is how the statement is worded on their website so I think that means without a subscription you will not have cloud sync either and phone app will not stay synced with Mac app?????
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