April 23, 2024

Understanding your cash and spending habits could make it easier to make a finances to realize your monetary objectives, whether or not you’d like to avoid wasting for a trip, make investments extra for retirement, or purchase a home. Many budgeting apps may also help you get a greater deal with in your cash as a way to reserve it. Nevertheless, few present the great perception of YNAB, which is an acronym for “you want a finances.” For those who’re contemplating signing up for a YNAB account, right here’s what to find out about this app, who it’s greatest for, its advantages and options, and extra. 

YNAB Cash Administration Software


$99 a yr or $14.99 a month and free for the primary 34 days


Follows zero-based budgeting and is exceptionally particular in detailing the place your cash goes

TIME’s take

YNAB is a hands-on budgeting app that requires you to proactively handle your cash. At as much as $14.99 per thirty days, it’s costlier than sure competitor apps, however it’s additionally uncommon in that it forces you to allocate each greenback of your earnings. YNAB can present complete perception into your saving and spending habits, however it’s worthwhile to be dedicated to utilizing it to maximise its effectiveness. 

Who’s YNAB greatest for? 

YNAB is greatest for these severely dedicated to creating and sustaining a finances. The app requires you to be palms on with allocating your cash, so customers have to be prepared to commit their time to reap its advantages. These searching for a easy budgeting app that doesn’t require a lot up-front or ongoing effort ought to look elsewhere. 

Professionals and cons


  • Lengthy free trial
  • Proactive budgeting software
  • Simple spending monitoring
  • A number of customers supported


  • Comparatively excessive price
  • Vital time dedication
  • No invoice funds
  • No straightforward technique to monitor investments


Lengthy free trial

YNAB affords a protracted free trial interval, offering you loads of time to find out if it’s the correct budgeting app on your scenario. You should use the app free of charge for 34 days. 

Proactive budgeting software

You create a finances with cash you have already got utilizing YNAB, assigning each greenback for a selected function. This proactive budgeting system may also help you keep on monitor along with your spending and keep away from unintentionally overspending in a selected class.  

Simple spend monitoring

YNAB affords a number of primary and customised budgeting classes you need to use to allocate your spending. It then enables you to clearly see how a lot you’ve spent in a selected class and recategorize simply for those who go over your spending restrict for a sure class in a given month. 

A number of customers supported

YNAB enables you to add as much as six customers to 1 account, which might be useful for those who’re concerned with budgeting as a household or managing lease and utility funds with a roommate. 

What might be improved

Comparatively excessive price

YNAB comes with a reasonably hefty price ticket in contrast with different extra primary budgeting apps. You pay as much as $14.99 per thirty days or $99 per yr (which involves $8.25 per thirty days), relying on the billing construction you select. 

Vital time dedication

Whereas YNAB might provide help to save extra if used properly, it’s worthwhile to decide to establishing your finances and following it. This isn’t a set-it-and-forget-it app; it requires a reasonably vital time dedication to make sure that you’re allocating your spending and sticking to your finances. 

No invoice funds

You may add your month-to-month invoice quantities to the app as a part of your finances, however you’ll be able to’t pay your payments straight by means of YNAB. This might be pretty inconvenient for somebody who’s on the lookout for an app with a devoted bill-payment characteristic.

No straightforward technique to monitor investments

Likewise, you’ll be able to add the quantity of normal investments to your finances in YNAB, however there’s no straightforward technique to monitor funding efficiency. The app doesn’t sync with funding accounts, however it does allow you to manually enter your balances for those who select. Alas, the method isn’t notably intuitive. 

How does YNAB evaluate

401(okay), IRAs, Cash administration account

Fundamental & premium cash administration account

$14.99 per thirty days (when billed month-to-month); $8.25 per thirty days (when billed yearly)

No account charges, however different charges could apply

None for primary account; $4 to $12 for premium account

$14.99 per thirty days (when billed month-to-month); $8.33 per thirty days (when billed yearly)

iOS, Android, and on-line dashboard

iOS, Android, and on-line dashboard

iOS, Android, and on-line dashboard

iOS, Android, and on-line dashboard

YNAB: In-depth evaluate

The YNAB system follows 4 primary guidelines: 

  1. Give each greenback a job. You assign every greenback you earn to a selected spending class for the subsequent month. 
  2. Embrace your true bills. Plan for surprising prices by saving a little bit more money every month. 
  3. Roll with the punches. For those who overspend in a selected class throughout a given month, merely reallocate funds from one other class somewhat than feeling responsible about it. 
  4. Age your cash. Be aware about your spending, spend lower than you earn persistently, and improve the time between incomes and spending cash. 

Moreover the 4 guidelines, right here’s an in-depth have a look at what the app has to supply.  


YNAB is on the market on a number of completely different platforms, and your info updates robotically throughout all platforms whenever you make modifications in your account. You may entry your YNAB account by means of the next units:

  • iPhone.
  • Android.
  • iPad.
  • Apple Watch.
  • Alexa.
  • Desktop and laptop computer.  

Budgeting software choices

You may arrange budgeting classes in YNAB, and the classes are totally customizable to align along with your particular monetary scenario. When you’ve arrange some budgeting classes, YNAB enables you to both robotically hyperlink financial institution and bank card accounts or manually add money bills, common month-to-month payments, and extra. It’ll pull details about your spending in these classes out of your accounts, making it easy to trace the place your cash goes every month.  


YNAB isn’t free, however it could provide help to save more cash if used properly. Thus, the app could also be price the price for a lot of customers. Not like some opponents which have tiered account choices, there’s just one account sort in YNAB. You pay $14.99 per thirty days (when billed month-to-month) or $8.25 per thirty days (when billed yearly, for a complete of $99.00).


YNAB affords a wealth of instructional content material on its web site, together with a weblog, free workshops, and guides to YNAB and cash administration. There’s additionally a complete assist middle out there on the web site and thru the app, so you may get steerage for those who get caught. 

Customer support

For those who can’t discover a solution to your query in its assist middle, you’ll be able to join with YNAB’s customer support crew through chat or e-mail. Its chat characteristic is on the market by means of the YNAB app.   

Social options

You may add as much as six customers to your YNAB account, which is useful for household and family budgeting. YNAB additionally affords a referral program, which helps you to get a month free every time a buddy indicators up utilizing your referral hyperlink. You too can present a subscription. 

Safety and reliability 

YNAB has a number of safety features to assist maintain your account info protected. It employs two-factor authentication and encryption expertise and depends on extremely safe, accredited knowledge facilities to guard person knowledge.

Firm fame

‌YNAB is rated extremely throughout a number of platforms. It receives 4.6 stars out of 5 on Trustpilot, with customers indicating the app is “life-changing” and “invaluable.” Google Play critiques share related sentiments, score the app 4.6 and 4.8 stars, respectively.

Different providers supplied

Moreover monitoring your spending, YNAB enables you to set cash objectives and monitor your progress towards them. You too can use it to separate transactions, visualize completely different loan-repayment eventualities, and extra. 

How does YNAB earn money?

YNAB is a subscription-based service that makes cash when a brand new person indicators up for a subscription. Its month-to-month subscription prices $14.99, whereas an annual subscription prices $99.00. Choosing an annual subscription saves you round $80 per yr.   

Backside line

For those who’re on the lookout for a hands-on budgeting app that will help you wrangle your cash and work towards your monetary objectives, YNAB is an efficient possibility. The app is primarily targeted on the budgeting portion of cash administration, so that you received’t get options similar to funding monitoring or direct invoice pay. Regardless of this, lots of the app’s devoted customers report vital financial savings, some calling it “life-changing” and “invaluable.” These on the fence about YNAB can strive it free of charge for 34 days. 

YNAB Cash Administration Software


$99 a yr or $14.99 a month and free for the primary 34 days


Follows zero-based budgeting and is exceptionally particular in detailing the place your cash goes

Continuously requested questions (FAQs)

Is it price paying for YNAB?

YNAB could also be price what you pay for it relying in your scenario. Because the app requires some up-front and ongoing work in your half, it doubtless solely is smart for those who’re capable of decide to utilizing it. This app isn’t a match for these searching for a extra hands-off budgeting software.

Can YNAB be trusted?

YNAB employs a number of safety measures to assist maintain its customers’ knowledge protected, together with encryption expertise and two-factor authentication. It additionally receives very excessive scores general from its person base, indicating that it’s typically reliable. 

Is there a free various to YNAB?

A number of free budgeting apps can be found, although they operate barely otherwise than YNAB. Some no-cost choices embrace GoodBudget, EveryDollar, SoFi Insights, and Cash Supervisor Expense and Funds. Another choice that isn’t free however is inexpensive than YNAB is Quicken by Simplifi.