You'll set monthly budgets for individual expenses, savings goals, and debts, and the app shows an easy-to-understand tracking bar for each. Why it stands out: YNAB is a handy tool if you want a good visual picture of your financial health and budget. While this might work for some consumers, others may prefer additional options - such as the 70-20-10 budgeting method or a pay-yourself-first budget. The last drawback is that YNAB only allows you to use the zero-based budgeting method, which allocates all of the money you make, down to the last dollar. The app does offer a 34-day free trial, though, so you can see if it's a good fit before committing for the long haul. At $14.99 per month or $99 per year, it's one of the most expensive budgeting apps on the market (rivaled only by Monarch). This can be time-consuming and may not be a good option if you're looking for a set-it-and-forget-it type of tool. This might include entering transactions (if you don't link your accounts or you pay in cash), categorizing transactions, and assigning funds to each budget throughout the month. The biggest drawback to YNAB is that you'll need to do some manual work. There are also clear alerts when you're on track to exceed your budget in any area, and you can even generate reports and charts that detail your spending and net worth trends over time. This makes it easy for your whole household to stay on track and participate in the budgeting experience.įinally, the app comes with lots of handy visuals that make it easy to see where your money's going and how much room you have left in each spending category. This data syncs across all devices you've installed the app on, too - tablets, Apple watches, phones, and even Alexa devices.Īnother perk is that you can also share your subscription with up to five people. One big advantage of YNAB is that it connects with your banks and credit cards, automatically importing your account info and transactions. No bill negotiation, subscription cancellation, or investment tracking, as other apps offer.Only uses the zero-based budgeting method.Connects with your bank and credit cards and automatically detects transactions.Apps available for tablets, phones, smartwatches, and Alexa devices.I use highlighters to color code the items on this tracker. There are 3 months on each page with dates from 1 to 31. Quarterly log – This is what I personally use to keep track of my bills and other things. Notes – These are blank pages so you may personalize your planner by drawing charts or adding more lists, like meal plans, grocery list or construction expenses. (I only list down unplanned expenses because I already have a bills calendar for my planned expenses.) (My categories now are savings, insurance, taxes, rent, groceries, and bills.)īills and expenses tracker – Keep track of your bills due and daily expenses. The categories chart is where you list down money for savings, sinking funds, rent and other expense categories. (The rest of our money are on our other savings accounts so I don’t overspend.)īudget planner – This is where I plan my budget for the month. This helps me check if I have just enough available balance on my credit card or debit card for that week. I write down the monthly bills due for each day and other regular expenses like groceries or dog food. Monthly bills calendar – Each month has a unique floral theme. Future log – I use this for listing down annual and quarterly bills and major celebrations that require more than usual spending.
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