YNAB Price Change 2021
You’ll see an in-app message today with more information on the upcoming pricing change that will impact your next renewal. We know—especially for a YNABer—that every dollar counts, and we don’t take price changes lightly.
Questions or feedback about the change can be shared below. Please check out our FAQs for more details, or questions that may have already been addressed.
If you have questions about your account, you can reach out to our Support team from the app on web or mobile.
We hope and trust you’ll continue seeing the value of a YNAB subscription.
- New topics or comments in other areas of the Support Forum will be directed to this thread.
- We understand the impact that price changes can have. Please keep our Community Guidelines in mind.
I fear "bloating" issue that Evernote, Dropbox faced in the past, trying to add "value" by new features that less and less user find valuable :-(.
Totally agree. I don’t see why software has to keep adding new features that are not really ones that users need.
Thats really harsh and I'm not sure wether I will take that pill.
I live in Germany so all Bank Imports etc. are unavailable. I can't use the full featureset of the product but I stayed because I liked the company and the YNAB flair. But that price change is nothing to joke about.
I would go from 45$ to 89.10$. Thats almost double the price.
And honestly if I compare other alternatives with YNAB the only real difference for me is the courses, blogs etc. and the community. But im not sure if I will pay that price for this.
I still own YNAB 4 so thats also an option.
Thank you to those who have shared your feedback over the last few days. It's important for us to hear from you.
A few resources for questions popping up in the thread on managing your data and subscription:
- YNAB 4 Download & Key Lookup
- Exporting Budget Data
- Exporting a Report
- Managing Your Subscription
- Delete Your YNAB Account
- Data Retention Policy
(Edit to add a link to this comment thread: Apologies for my error in how this post could be interpreted. It is not intended to encourage folks to leave, but that if you've made the decision—make the information easier to find.)
Wow, new post from Nicole who works for YNAB acknowledging all the feedback given by users over the past 4 days and then responds by providing links on how people can export their data.
That’s just incredible. Legacy users have given so much back to YNAB and instead of coming up with an alternative arrangement or explaining things further it’s simply a post about how we can export our data. Says all you need to know people!!
Been using YNAB on and off for years, but since the pandemic I became unemployed and currently survive off of the meagre disability in my country. I “earn” £1450 a month, with £900 going to rent. I need YNAB to help me squeeze the pennies, not the pounds. We’ll be out on the street if we can’t sort our budget properly. Not something the new YNAB CEO can even comprehend.
I now have to pay £14.99 (probably, I don’t know exact UK prices) a month, plus £3.99 for Sync for YNAB (I have ADHD and manual logging cannot work for me). It’s all well and good touting the discount for yearly payment, but that’s not possible for me. Do I go without electricity and gas for a month to pay for YNAB? Because that’s what I would have to do. That’s how they value their service.
Ironically this budgeting app is pricing me out, and making heavy utilisation of the “poor tax” (aka, costs less money if you can pay up front). I’ve emailed Support hoping I count as a special circumstance and they can give me a discount, but if I’m turned down then I’m screwed. Nothing has the features like YNAB and they know it.
YNAB either want to help people out of debt, out of paycheck to paycheck cycle, or they want to cater to those who already have money. It cannot be both.
Hey YNABers! I know you have questions and have been waiting to hear from us. Todd, YNAB's CEO, is doing an AMA on Reddit tomorrow, November 5, 2021, from 12pm ET to around 2pm ET. Here's the announcement thread on Reddit.
Our team has read through this thread and already shared some of the main questions, but we want to hear directly from you too. We'll see you over there!
On alternatives for people who need to continue with manual transaction adding...
Monarch's manual transaction adding is really clunky. It's also not easily customisable when it comes to categories and while it isn't a key feature, it does have zero based budgeting. The other features around financial growth and goals is really great (but you cannot manually add stocks, it must be linked). The transaction adding clunkiness is a deal-breaker really...
Actual budget is a really good zero based budget alternative that mirrors super easy transaction adding and category customisation. It also has a desktop app. It's super basic and does the job. I will probably continue with this.
To reiterate how I'm feeling I am not on legacy pricing and already found the current cost quite expensive for an app. Now I have control (credit due to YNAB)...it doesn't have enough other value to justify it. I think the product is max $7 a month...
For me - I have to be honest, I have a kid due in a month and am challenging all outgoings, and YNAB 4 is enough for me as I all I really do is the entry/spreadsheet related stuff. So I think I'll call it a day, with many thanks for things. I only lose 10% if I decide to come back now after all.
BUT - There are people in this thread who clearly see/need the value, but are going to struggle to switch from monthly to yearly as the change there is much more significant. Can someone tell me - can I gift a 1 year subscription as a parting thank you, to someone I dont know (ie. support handle rather than email). If not could support ping me a message if there is another way? There's one person who's commented that I'd like to offer an annual sub to so they can spend the next year saving up instead.
(I can't seem to tag any of the support team in this message, the WYSIWYG removes the (at) sign immediately?)
ps. For everyones interest, the subscription details have now been updated it appears, at least for me (next february), the doubled number shows.
Wow, on November 2 I was checking up on my expected upcoming expenses. In my YNAB account settings it specifically said "the card we have on file will be charged $45 USD."
Now it is November 5 and the quoted price has changed? Now you are allow to change that number to $89.10? And I have to deal with this for next month?
Come on YNAB, Really? Maybe if the price changed after the renewal, but changing it on the fly? Unnecessary and just downright wrong to play it this way.
I can't even trust the new price, it is just as likely to change by December 12.
I couldn't be more disappointed in this company.
Well, I think this will be the end of the road for me. YNAB had been, and is, brilliant for me. It changed entirely how I looked at budgeting and has literally changed my life. I accept that prices need to go up, but the way this is hitting us early adopters is too much and I can't justify it any more. I'm paid up until next October, but after that it's a fair bet I'll be leaving.
As for the improvements that are promised, there have been some, such as reconciliation, but this is on iOS devices only. Why has it still not come to Android? As an Android user we are constantly left behind, and well behind. So the benefits, while good, don't justify the huge increase. I will switch to a home made model which, whilst not as handy as YNAB, will do the job and I thank you for the education as to the YNAB methods that have changed my finances for the better the last few years.
Sorry, but the raise explanation makes no sense. A software, once mature, requires only a fraction to maintain and enhance than what it costed to develop. So, there is no reason subs should go up that much. This is a cash grab, nothing more, nothing less. We'll be moving to other options before the next renewal..
I am an early adopter of YANB .
I am depply angry and shocked of this price increase.
Ans more depply shocked of the late announcement of the price increase ! This is clearly a deliberate move to make a lateanouncement so people don't have time to find an alternative to ynab.
Clealy the management dont known how to manage and have a very short term view.
I uess I am done with Ynab.
What are the alternatives to YNAB ?
You charged me a one-off fee of 12 euros in 2014 (YNAB4) and now you're asking for $15/month?
It kills me because your product changed my life and I was planning to use it forever. I actually think it's my favorite software.
The migration is going to be a pain but we need to vote with our wallet so that your data analysts and PMs can measure the cost of their experiment to test out price sensitivity.