Worth The Price And Will Make A Huge Difference - Best Home Finance Software Critique

By Olivia Diaz

You do this through simply through setting up your budget based on categories and then allocating all inflows/outflows into these categories. Even if you are not a financial Whiz-Kid, this is pretty painless to do in YNAB.

Reading through all of the reviews that have been rated below 5, it seems to me that some of those people purchasing the software may not have a clear picture of what it does, and does not do. I have always had a very hard time managing finances, and have never been able to handle a budget well at all. Overall I think I like it. If you have 5 figures in your accounts and you want to manage account transfers buy something else. There was a learning curve at first, but once we got it down and had the transactions importing every week or two our financial situation went from nerve racking to comfortable fairly quickly. It gave us the discipline and accountability we needed to get our finances where we want them.

It was the BEST money I have ever spent! There are a lot of finance management software programs out there, but very few that really help you create, refine and stick to a budget.

This is all stuff that is freely acknowledged by the creator of the software. This software is strictly for creating a budget. I have learned to save for upcoming bills, vet care, insurance, car repairs, and all of life's other little surprises. I am no longer living paycheck to paycheck. I personally develop software. I find this software to be incredibly sound, thorough, and succinct. My favorite part is that it is so flexible that it can handle an inconsistent income. You don't have to have the dream income to make it work.

If not, then we save some more. We enter our spending in about five minutes per day and do a quick review of where we are. Ok, so cheesy title jokes aside, the reality is you DO need a budget and YNAB should be your choice. Most people think knowing their expenses is the same as having a budget, but it's not. On the other hand if, like me, you've never had much luck with the budgeting parts of quasi-accounting packages like Quicken and/or if you're tired of spending so much time keeping track of your finances, give YNAB a shot. YNAB didn't make a lot of sense to me at first, but after attending the free into webinar I was offered via email as soon as I downloaded the trial it all made sense. The philosophies coincide so well I really think he needs to see this and endorse it. I just wish I could get a reward for concerting people to YNAB--I am forever singing its praises to my friends, many of whom have bought it!

YNAB is more than just software. It's a whole approach to budgeting. YNAB does keep a register of all your accounts and balances, but it doesn't show your net worth. Yodlee does for free everything I did with Quicken, which was keep all the account balances in one place and tell me how much money I spent.

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