I Compared the Top Budgeting Apps (Here's What I Found)
ฝัง
- เผยแพร่เมื่อ 2 มิ.ย. 2024
- Try our favorite budgeting app, EveryDollar! bit.ly/3B2hHFF
Order my brand-new book, "Know Yourself, Know Your Money"! bit.ly/2LIclKS
Start Budgeting for free with EveryDollar: bit.ly/3OnaVkl
Watch and subscribe to all The Ramsey Network shows here: th-cam.com/users/TheRamseySh...
YNAB does not have auto-categorizing, but it does remember how you categorize payees. I shouldn't have to tell the app every time Chipotle is a restaurant. So that is a plus for YNAB
Of course Rachel will favor ED because they sell it. She said very little about YNAB but it works so much better because you are budgeting money you actually have as you get it. With ED you have to estimate and when you don't have a fixed income that is hard to do.
This.
I will agree I like Ynab alot.
We have always had inconsistent incomes so its been had to budget using everydollar
I agree 💯 and I'm not a zero based budget type of girl so that just makes it even harder. I don't like guessing how much my entire monthly income will be just to do the zero based budget. I budget per week as the paycheck comes in, especially because every paycheck is different it's irregular income its never the same.
@@arlettezambrano3894Just hearing that it budgets income as you get it already seems better.
Budgeting by month is harder to keep track if you get paid weekly.
I'm confused what she means by "it's not zero-based budgetting" uh... yes it is?
ynab is zero based. ynab helped us get out of debt and i’ll never stop using it.
can you do multi currency. the nightmare i have is managing income and expenses in two countries
YNAB is zero based. A big difference that made that app click for versus others was you don't budget money until you have. You don't forecast your income. You only budget and therefore spend money you have. It's my favorite app and for the first time in a looong time I haven't overdrawn my accounts in a long time. Money rolls over in categories so you can build sinking funds such as car repairs...
She dinged YNAB because categories rollover, and then the first feature in ED she mentions is that categories rollover. 🤦🏻♂ In ED you have to manually go through each category to reclaim those dollars. In YNAB there is an Overfunding button to reclaim those dollars. Another win for YNAB.
YNAB > Every Dollar
Wrong. Enjoy your glorified excel spreadsheet that you have to pay for.
YNAB has auto categorizing, yes, but it requires you to approve the transactions as they import from your bank/credit union. I regularly have to change the categories on things before I approve them.
Longtime YNAB user, just had a look at ED free version to see for myself how comparable it is. Seems ED has a very different approach from setup. YNAB prompts you to input what your actual account balances are today and that's what you use to budget with. You can't budget with money you don't have today. Seems like ED prompts you to set up with your planned salary and planned expenses, then track your actual income and spending. That's a very different approach. Also, as someone living outside the US, I wasn't able to easily change the currency. It links to your computer /phone settings for some reason. In YNAB you can just change it yourself in the settings. Just the initial impression, they're pretty different!
Yeah this diff alone makes YNAB the winner IMO. You don't want to be accounting with dollars you don't have yet.
There really isn't another budgeting app coming close to YNAB. Don't think I agree with your assessment.
YNAB *is* zero based. Every dollar is given a job. It's weird that with all the things you could say about it, you pick one that isn't actually true. It's certainly true that the categories roll over, BUT that is its job. Thus, zero based.
Wow, what a cool, unbiased review! I wonder what conclusion she will draw!
😂😂😂😂
😅😅😅
Wish that the EveryDollar paid version was more budget friendly. $125 a year is a lot. Just not able to budget in that much when we’re trying to pay off debt. We paid $100 for the class and now this. We just stick to the free apps.
Blargh! That's rough. I bought Ramsey+/EveryDollar and found a used FPU book for $7.
I feel like it would be cheaper if they didn’t bundle FPU with the app subscription.
I still use YNAB classic (one time purchase) and works fine for me. Really a "cheap" budgetting method without need to take it online.
I do love EveryDollar, but the color scheme kills me. Also you can’t pay the premium version monthly- in baby step 2 I can’t afford to drop $100 at once
I use mint.. and I love it. Mint has you categorize your transactions It doesn't seem many commenter like mint... but it's free
Mint is the best. Yes its free I especially love being able to look back over the last 6 months or year at different categories. Its amazing. Everydollar even the paid version doesnt even compare. Mint all the way.
Like everything out there: it depends how you use it. It took me a bit of time and research to familiarize myself with YNAB and get to use it’s full power, I can see how if you are just starting to budget Every Dollar is probably a better option but nowadays with TH-cam anything can be learned and adapted to your personal use if you give it a bit of time and effort.
Ultimately I still use a spreadsheet to build the budget for the month with my husband and then I update YNABs targets if necessary. Definitely a zero based budget since I can only assign the money I get per paycheck, nothing more and nothing less.
My wife and I use every dollar and ynab both. While it is true ynab is not Free if you want to use the connect to your bank feature it is like 40 to 50 Dollars per year which is cheaper than every dollar paid version. What my wife and I do is do the monthly zero based budget in every dollar. When we assign the money in ynab after we assign as expenses roll in we reduce each category we can know how much money is left for each category. This is quite helpful if you do a sinking fund saving up for Christmas and birthday gifts insurance escrow are a few examples of our sinking funds. Also ynab does not auto categorize it remembers what you last categorized the expense as. It asks you if the transaction is correct very easily changed.
@Brooke Carrillo maybe I will ask my wife about it. I am not sure why she likes to use both that way. Definitely love the connect to your bank feature I think ynab is way cheaper than every dollar for that feature
YNAB is increasing its prices to $99 annually or $14.99 per month. I've been a long-time YNAB user and really love it, but I'm looking to switch budgeting programs due to their price increase.
My husband and I have mint on both of our phones, it syncs. We both see it
I do wish you'd gone into a little more detail. I clicked the video thinking you'd maybe used the different apps for a couple months to test them out before actually discussing them. I don't get the sense from your video that you actually familiarize yourself with the different apps before discussing them.
She did get a couple of things wrong on ynab my wife and I love ynab
It’s just a video to push every dollar lol.. relax..
The Marble Jar did a series of budget app reviews and she actually tested out the apps before doing the review
I have tried many apps, many hard copies budget books...but every dollar is great. No biased. Just really works for us.
I prefer YNAB and yes it does roll over month to month
Love YNAB
I am on baby step 6 and like that YNAB rolls unspent $ over. I don't want figure out what to do with "extra" money, IMO no matter how much $ you have, there is no such thing. "Extra" money is just $ for my future bills and expenses so I like to let it roll over and do what its intended job was.
Look I get that you would be biased towards EveryDollar but don’t do it at the expense of lying about YNAB. Saying YNAB isn't a zero-based system is a lie. That is at the core of their process. You can promote other aspects of EveryDollar like its simplicity and cost compared to YNAB. The more honest you are about your competitors, the more respect I will have for your bias towards your product. However, it is understandable that you would want to promote the strengths of EveryDollar compared to YNAB. By acknowledging the positive features of both products, you can still express your preference for EveryDollar while remaining honest and respectful of YNAB.
It would be nice if your app was a lot more friendlier for blind users! The every dollar app is great, but for those of us on iOS using voiceover it’s not as friendly! That particular part of your app really needs to be worked on there’s a lot of us who are blind users out here that would love to use the app but are unable to do so because we cannot navigate it
Always awesome Thumbnails , give your editors a raise 💯💪
Literal ad for her own company's budget app.
If people make it that far, she’s at least transparent about it. I think the video is pretty fair.
@@CindaMurphyRealEstate She's stating falsehoods about the other apps... I don't really call that fair...
I was using Everydollar and it was great until I opened a checking account at AMEX which apparently will never be supported :(
Hi Rachel, I loved your video!
Question.. Do any of these apps mint, ynab or every dollar have the ability to make customized categories or subcategories ? We spend a ton of groceries, in a predictable way. I really want to have a category for my $70 worth of eggs, $27 in chicken and $16 of beets every month. Is there an app that will allow me to do this? Thanks for the help!
Yes. YNAB😊
Is there a tutorial for EveryDollar? I still haven’t figured out how it works
But... what if you don't have a steady income every month? Then everydollar just falls short.
Super awesome informative video ❤ Thank you 🙏
Will you ever make everydollar available for Europe?
Awesome lady and good review. ❤
Love Every Dollar! I use the free version. I paid off my house last year by using it!
I tried ED and couldn't stand the constant upsell to get you to buy ED Premium. The UI is clunky. This video is just a 9-minute commercial. Disappointed.
I use Personal Capital!!!
Could you do a review on the DAVE app?
Who video is a long Every Dollar ad LOL this is why I dont want many Rachel Cruze videos. Also, Every Dollar is confusing to use on the app. I just hand write my budget every two weeks when I get paid. Much easier.
I would love to use every dollar app but I cannot use it in Canada
Can you review the Rocket Money app?
I've tried all of these and Mint for sure is my favorite and what we use. I wanted to love some of these other apps but they don't compare to Mint for us. I also love Ramsey solutions but I'd say use what works best for you.
You have a very incorrect spin to YNAB. Not a neutral evaluation. I’d love to know hat is remotely better about Every Dollar. I have NO problem spending $100 per year to save THOUSANDS.
why no interface of the Apps?
Ynab is zero-based, it is!
Just be advised Before you start this video that it's in every dollar commercial
I like every doller but I with their new update it won't sync with my bank
are you both logging in using the same username and password on the different phones, or does each of you have your own UN AND Password?
Excel.
I like Rachel but I have no ideal what she just said... with all the hand gestures and camera angles changes I got lost
YNAB seems expensive
It's worth every penny😊
Budgeting apps are okay for techies who wouldn't do it otherwise but when these budgeting apps get hacked I will be happy I used a spreadsheet on a local computer. No need for the budget to be with you every minute if you are serious and spend a few minutes every day or two updating the budget.
YNAB is way better. This is Bs
You lost a lot of credibility with this video. This is not a review… it’s an ad.
Before reading the comments y’all should actually watch the video.
I love how excited she got when she started talking about every dollar.
Wow! So many haters up in here! If you are not a big Ramsey/Rachel fan, why would you even click on this video KNOWING they will promote their own products? That’s like a Vegan going to McDonalds then complaining because they sell beef.
I didn’t know who she was, just clicked a video reviewing budgeting apps in my feed.
YNAB too complicated for the average user. It’s built for people who have lots of time to waste and end up confused with all the categories messed up. 😬I just learned that I can drag and drop my expenses 😂😂 thanks to your video I won’t do it the hard way anymore 😀
Once you understand how YNAB works (only budget the money you have right now), it becomes really clear. That is what trips up so many people. You all want to project future income that may not even come (job loss, injury, death).
I primarily use American Express credit cards, but now EveryDollar has stopped doing business with American Express and no longer support adding American Express accounts, so I'm unable to connect my cards.
How will I be able to still use EveryDollar effectively with AMEX, and if can't, what is the next best app in lieu of EveryDollar?