Setting up a child with own budget?

I guess this is more of a feature request , and curious what other people are doing.

I created a second ynab budget in my account for my 13 year old daughter to use on her own.  I made it  a requirement for her before getting her own debit card.  

I don't think its worth it to pay for a second subscription just for her, (she only has about 1 or 2 transactions a month.).  but i'd also rather not give her access to my full budget either where she can see all my transactions, income, etc... or mess them up. (although unlikely) 

It would be nice if I could force YNAB to ask for my password again if trying to switch to my main budget, that way it would be off limits..  or ideally set different passwords for each budget... (My son will be getting his own in another year and then i'll have 2 child accounts)

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  • I know that YNAB is free to students, not sure what the requirements are. Might be something to look into. If it is like Amazon Prime and a few other things you need a .edu account, and if they have a school email address that might work. 

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      • Kate
      • Joyful Technical Writer 馃尨
      • sweet_sunshine
      • 1 yr ago
      • 1
      • Reported - view

      Ruff16965 (05bd62cee897) It would be amazing if YNAB would give a middle school student a free copy of YNAB! I am completely for this.

      Reply Like 1
  • She probably doesn't need anything more than a simple spreadsheet or it could be done on a sheet of paper, no more complicated than it is.

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      • cec772
      • cec772
      • 1 yr ago
      • Reported - view

      Flyin'Brian Keep in mind this is for a 13 year old.  The spreadsheet would only be simple to those who already understand spreadsheets. She will learn them one day, but not for this purpose since it would be an obstacle for adoption rather than a teaching moment.   Plus,  she's already on her phone most of the time, and when she's at the mall (where all her money goes) it would be harder to have the spreadsheet handy to make purchasing decisions.

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  • I would like this feature as well. I have kids of varying ages who are tech-literate/glued to their devices so if it's easy & accessible, there's a greater chance they'll use it.

    Since YNAB has worked for me, I wanted to instill good budgeting habits now, while they're young -- and give them their own budget... Except I don't want them messing with mine! LOL 

    For my oldest (who's about to move out on his own), he was using my old YNAB4+Dropbox but now that he has issues with accessing it via his phone, he has stopped using it altogether -- which is too bad. He has decided to go the trades route instead of college, so he doesn't qualify for a free YNAB.

    My middle schooler has an account and debit card of her own so she can make her own choices in savings/spending. I think having a YNAB budget for her would help her learn good money habits as well, but she doesn't have a school email so no free YNAB for her either.

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  • Hello all, 

    I misspoke, actually I have now done the research. Here is what is needed for a student account and ther length.

    "We offer all students YNAB free for 12-months (in addition to the free 34-day trial). If you鈥檙e interested, write into student@ynab.com with proof of enrollment鈥攖hink student ID card, transcript or tuition statement (but anything that shows you are currently enrolled and includes your name, your school, and the date will do). We can鈥檛 wait to get you budgeting!"

    Reply Like 1
  • I guess it's better than nothing, but that's only  1 free year... my kids are still teenagers and won't be adults for a few more years.   i would think a simple solution would be just to allow each budget to have it's own password to access it... (different from the master account).   Hopefully we can get them to pick it up as a feature request.

    Reply Like 3
      • Kate
      • Joyful Technical Writer 馃尨
      • sweet_sunshine
      • 1 yr ago
      • Reported - view

      cec772 I believe YNAB is free every year your children are students. I had YNAB for a couple of years in college for free.

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      • cec772
      • cec772
      • 1 yr ago
      • Reported - view

      Kate 

      Interesting,

      Maybe terms changed since then?

      From The FAQ:

      https://www.youneedabudget.com/landing/students/

      IF I鈥橫 STILL A STUDENT AT THE END OF MY FREE YEAR, CAN I GET ANOTHER FREE YEAR?

      No. But you鈥檒l get a one-time 10% discount on the Annual Plan, and by this point, YNAB will have saved you so much money, it鈥檒l be a no-brainer.

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      • Kate
      • Joyful Technical Writer 馃尨
      • sweet_sunshine
      • 1 yr ago
      • Reported - view

      cec772 Oh it must have changed! I know I sent YNAB a couple of semester transcripts when I was in college. 馃槀

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    • cec772 Maybe get them started with the student account, let them make any mistakes there then transition them over to their own account under yours, with dire consequences if they get into your account. Now something I know for a fact, Is that on Androids, the budget that comes up on YNAB is the last one opened with that device, so they would never have to get into your account. 

      Reply Like 2
  • It would be great if there was a family subscription like you can get with netflix, spotify, etc. I'd pay a little more to give my children different usernames to their own budgets.

    Reply Like 4
    • Wess Daniels I agree with this, but only a little more cost. 

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  • I love YNAB for our family budget and wouldn't use anything else... but for our 13 year old... she uses Good Budget.  It's free, works on her phone, and follows envelopes & allows setting goals.  It's good for her for now because she's going to be really hit or miss with it for awhile.

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  • Hey guys, if you'd like to send some direct feedback to our design team about this feature request, now you can! 

    You can follow this link to offer that feedback.

    You'll also find the link to the form on the right side of the forum dashboard!

    Reply Like 1
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