Is this app for Canadians?
I downloaded app but can’t seem to find my bank on the list. It’s a popular bank in Canada so I’m thinking it’s not the right app for me...
Hi, Turquoise Clarinet
I'm Canadian, and I think this app is fantastic. I have convinced a whole passel of friends and family to begin using YNAB along the way, too. I have personally never used the bank sync. The version of YNAB I started with 5+ years ago didn't have the option of bank syncing. When bank syncing finally did come along, I was used to my manual entry (there are ways to enter recurring entries so they populate on their own). Plus, I just couldn't bring myself to violate my account user agreement with my banks. I like the security of my government-regulated bank (with a branch down the street from me) being responsible for fixing any fraud that happens to my account, as opposed to cutting the bank loose of any liability and being responsible for it by myself. Based on what other YNABers have been posting, it's obvious to me from reading the forum that the bank syncing for both Canada and US banks has become very challenging. I suspect that extra security layers being newly implemented in the banking industry have been difficult to keep up with.
Hi Turquoise Clarinet !
YNAB can be used by anyone who has a computer with internet access - we'd love to get the entire world on a budget if we could! :)
I hope you’ll take a moment to suggest your bank in the app, if you haven’t already!
When we’re ready to start exploring support for new financial institutions, we'll share this information with our import partner—we just can't guarantee if/when a bank might be added.
Whether you're using Direct Import or importing a file, it's still best to enter transactions right away, that way you can always trust your budget. Direct Import is a relatively new feature, so some YNABers prefer actively entering transactions as it gives you a lot more awareness of your spending.
It's also faster than you might expect, because you can use scheduled transactions for recurring expenses (rent and utility bills) and the mobile app for recording spending on-the-go (gas and groceries). You can still import transactions, because YNAB will know to match them up with the ones you entered and add those you may have missed.
Still, we know Direct Import can be a big factor in budgeting decisions. We'd love to hear what ends up working best for you!
I tried doing a file import on one of our credit cards, and it created all sorts of duplicate records for things that I had input manually as I shopped. Sometimes the posted date lagged from the credit card provided, and I think that caused some duplicates .... but importing directly from a credit card vendor never has that issue as it seems to intelligently match against similar transactions and is rather accurate. Is there something that I was missing?
Thanks for the design of imported transactions, however this was not the experience I had when importing from a file import. However, what you described is what I was expecting. I had been manually putting in transaction when shopping but I have numerous automated payments against my credit card. From the file import, nearly (and maybe all) transactions I had manually imported ended up having a duplicate transaction. It was if the matching capability was disabled. Any thoughts?