Otherwise, I would give NYAB a 5 star rating. Its USB portable too unlike Quicken and they don't try to send your personal business out all over the Internet, like Intuit insists on doing, which is a big plus!
No yearly upgrade fees and YNAB never becomes an obsolete software as so many do. It is a one-time purchase that will last you the rest of your life.
I know we are all busy, but I do feel like paying attention to the budget (I do manual entry and probably always will) has been a major factor in our success thus far. I have recommended YNAB to all of my friends and several are using it now with similar results. Importing data is also very weak. If you have all of your banking in one account, and have one credit card, it might work for you.
When you get some income (paycheck or birthday money), you give each dollar a "job" to do, and place it in a category for spending later. Then, when you are going to spend money, you check each category's balance to see if you have enough in there to buy what you want. Oh, and the customer service is also amazing, free classes, responses to email, free updates! The price has gone up a bit since I bought mine, but it's still worth every penny. Because of YNAB, I absolutely know that there's always money enough for anything that's going to come along. YNAB has helped me exercise some discipline and do so without significant data entry or long, tortured sessions at the computer. The iPhone app isn't really that useful compared to the main program. A majority of the consumer-grade financial software programs only gives you a static view of what you *spent*.
After 4 or 5 months most user will have set YNAB aside or use it in a much reduced role as I do. The reason for this is: I've used Quicken for a few years, but I've always been frustrated with the annual/biannual upgrade costs and the lack of a real budgeting function.
In just 5 months I have completely rid myself of all credit card debt, have paid off some expensive orthodontic work from last year, and have just one payment left on my student loans (a total of nearly $6,000 worth of debt). With that last payment I will be completely debt free for the first time since getting my first credit card at age 18. Personally I like YNAB program but it does require dedication on a day-to-day basis. I do believe that most of the positive reviewers are short-term users. There are so many issues with the logic built into that software. I like to call it functional BARELY!
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. I have had the same large credit card debt for the last ten years that I could never escape from. Thanks to YNAB and the debt snowball method, I have managed to pay off about 40% of that and will have it paid off completely within the next two years (I know the exact date it will be paid off).
If you buy this software, you must understand and follow this rule. Rule Three is that you should prepare for the future by budgeting additional money into categories that will have large irregular expenses.
No yearly upgrade fees and YNAB never becomes an obsolete software as so many do. It is a one-time purchase that will last you the rest of your life.
I know we are all busy, but I do feel like paying attention to the budget (I do manual entry and probably always will) has been a major factor in our success thus far. I have recommended YNAB to all of my friends and several are using it now with similar results. Importing data is also very weak. If you have all of your banking in one account, and have one credit card, it might work for you.
When you get some income (paycheck or birthday money), you give each dollar a "job" to do, and place it in a category for spending later. Then, when you are going to spend money, you check each category's balance to see if you have enough in there to buy what you want. Oh, and the customer service is also amazing, free classes, responses to email, free updates! The price has gone up a bit since I bought mine, but it's still worth every penny. Because of YNAB, I absolutely know that there's always money enough for anything that's going to come along. YNAB has helped me exercise some discipline and do so without significant data entry or long, tortured sessions at the computer. The iPhone app isn't really that useful compared to the main program. A majority of the consumer-grade financial software programs only gives you a static view of what you *spent*.
After 4 or 5 months most user will have set YNAB aside or use it in a much reduced role as I do. The reason for this is: I've used Quicken for a few years, but I've always been frustrated with the annual/biannual upgrade costs and the lack of a real budgeting function.
In just 5 months I have completely rid myself of all credit card debt, have paid off some expensive orthodontic work from last year, and have just one payment left on my student loans (a total of nearly $6,000 worth of debt). With that last payment I will be completely debt free for the first time since getting my first credit card at age 18. Personally I like YNAB program but it does require dedication on a day-to-day basis. I do believe that most of the positive reviewers are short-term users. There are so many issues with the logic built into that software. I like to call it functional BARELY!
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. I have had the same large credit card debt for the last ten years that I could never escape from. Thanks to YNAB and the debt snowball method, I have managed to pay off about 40% of that and will have it paid off completely within the next two years (I know the exact date it will be paid off).
If you buy this software, you must understand and follow this rule. Rule Three is that you should prepare for the future by budgeting additional money into categories that will have large irregular expenses.
About the Author:
If you use QFX (the preferred, newer format) then YNAB is able to determine those that have already been imported so you don't get duplicates. Recessed Medicine Cabinets.
No comments:
Post a Comment