Cost: There are two plans available for YNAB.
You Need a Budget (YNAB) shares some pretty impressive results, with new users saving an average of $600 in their first two months and $6,000 in their first year of using the app. It is equal parts personal finance resource, expense tracker, and budgeting tool. You can clearly see your debt versus your credit, so you can identify what accounts need attention and which ones are doing well. The app automatically syncs with your bank accounts, providing an overall financial portrait that compares all of your accounts. In addition to expense tracking, there is a loan calculator tool that helps you compare different loan options and interest rates. With Spending & Net Worth reports, you can set goals and track your progress, serving as an extra motivation to save money and reduce overall debt. Currently, you can try YNAB for free for 34 days, so you can give the service a test drive before you opt for a paid subscription.
- Compatible with tons of banks
- Detailed reporting
- Goal setting resources
- Must purchase plan
- No bill-paying capabilities