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Budgeting/finance tracking apps

Posted on 7/30/18 at 7:28 pm
Posted by Relham10
Ridge
Member since Jan 2013
15843 posts
Posted on 7/30/18 at 7:28 pm
Anyone ever use an app to just track your finances? I see a bunch in the google play store and had me interested to just see how all my spend breaks down in categories and such. Maybe it could help see when I can cut back on some things. Just curious. If anyone used any type of app before, which ones are good?
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75278 posts
Posted on 7/30/18 at 7:33 pm to
Every dollar
Posted by lsu xman
Member since Oct 2006
15613 posts
Posted on 7/30/18 at 7:50 pm to
Mint
Posted by lynxcat
Member since Jan 2008
24201 posts
Posted on 7/30/18 at 7:51 pm to
Use the search function. This thread comes o every few months.

Mint and YNAB are common.
Posted by TexasTiger39
Member since Mar 2009
3671 posts
Posted on 7/31/18 at 8:47 am to
(no message)
This post was edited on 8/8/20 at 9:45 am
Posted by al_cajun
Baton Rouge
Member since Mar 2017
2442 posts
Posted on 7/31/18 at 9:08 am to
I use to love Mint until they took away their payment option for CCs.
Posted by lynxcat
Member since Jan 2008
24201 posts
Posted on 7/31/18 at 9:13 am to
Mint Bills? Why not just set CC to autopay?
Posted by al_cajun
Baton Rouge
Member since Mar 2017
2442 posts
Posted on 7/31/18 at 9:18 am to
Every time I do that it freaks out the app and throws it off.
This post was edited on 7/31/18 at 9:19 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89628 posts
Posted on 7/31/18 at 9:32 am to
YNAB. Highest recommendation.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 7/31/18 at 9:33 am to
quote:

I tried using one of those apps, but it was more of a PIA than if you just create your own spreadsheet.



I feel the same way. I used Mint for a while and it seemed like it was just a huge chore to constantly update login credentials to get it to refresh.

Then it had a glitch of double counting the vested portion of my 401K so it gave an absurd artificially high net worth number.
Posted by Moots
Gonzales, LA
Member since Nov 2007
978 posts
Posted on 7/31/18 at 11:51 am to
quote:

YNAB. Highest recommendation.


+1
Posted by tigahdad04
Member since Aug 2018
11 posts
Posted on 8/5/18 at 11:20 am to
Same happened to me. I need to check out YNAB
Posted by Dead Mike
Cell Block 4
Member since Mar 2010
3389 posts
Posted on 8/5/18 at 11:53 am to
I’ve used Mint for years, I think it’s great for monthly budget tracking (I use an Excel spreadsheet for longer tracking). I don’t have much of an issue with accounts not updating anymore. Maybe a couple of times per year my investment accounts get duplicated and skew my net worth but it’s an easy fix.
Posted by anc
Member since Nov 2012
18148 posts
Posted on 8/5/18 at 10:24 pm to
Ive been using YNAB since it was $10 and was a macro-loaded Excel worksheet. The software and the system is awesome and I highly recommend it.

The company culture sucks though. They were named to several "best finance app" lists and they grew exponentially over a short period of time and couldn't keep up with the growth. They pissed off all of us long time users by discontinuing support for the desktop client - its all cloud based now, which is fine.

After YNAB 1 - the first standalone program - it cost $50 and it was free for life. Whenever a new version came out, you got the upgrade for free. Did this for several years and they pulled the YNAB 5 is a different product than YNAB 4, therefore your free upgrades are not valid, stunt.

They finally said they would continue support for 4 and give a free year to anyone wanting to use YNAB 5 (its $60/year or $5/month). This satisfied most people - mainly because the software was so much better than anything else. Then they basically reneged on the promise to keep supporting YNAB 4 and made everyone move to 5.

I moved to YNAB 5, and it didn't even have reports in it. I wrote to Jesse, the creator - replaying to one of the emails from 2004. He wrote me back and explained to me why I didn't need reports.

The facebook group of YNAB users is borderline cultish. I like the system and I recommend it, but always thought the company was weird.
Posted by lynxcat
Member since Jan 2008
24201 posts
Posted on 8/5/18 at 11:16 pm to
For investment tracking, check out Personal Capital. It’s pretty slick.

Personal Capital is investment-first.

Mint is budgeting-first.

Together, they make a pretty great free package.
Posted by Azazello
Member since Sep 2011
3185 posts
Posted on 8/5/18 at 11:20 pm to
I stopped using ynab for that very reason.

I now use the combo of personal capital and mint and it is working out great so far.
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