You Need A Budget

You Need A Budget (YNAB) is a personal finance management tool designed to assist individuals and households in gaining control of their finances. According to the vendor, YNAB is suitable for businesses of various sizes, including freelancers, small business owners, and financial advisors. It is also widely used by individuals and households to manage their personal finances effectively.

Key Features

Give Every Dollar a Job: According to the vendor, users can assign every dollar to an expense category to create a clear plan for their spending. By prioritizing spending based on goals and priorities, users can make intentional spending decisions aligned with their financial objectives.

Embrace Your True Expenses: The vendor claims that YNAB allows users to break down non-monthly expenses into smaller monthly chunks. This feature enables users to anticipate and plan for larger, less frequent expenses, thereby reducing stress and guilt associated with unexpected financial obligations.

Roll with the Punches: According to the vendor, YNAB enables users to adjust their spending plan when circumstances change. Users can move money between categories to cover overspending without feeling guilty, allowing them to maintain flexibility and adapt their budget to meet changing needs.

Age Your Money: The vendor asserts that YNAB helps users increase the time between earning and spending their money. By consistently spending less than they earn, users can build a buffer and experience financial peace and security by having money saved for future expenses.

Bank-grade security: YNAB ensures the safety of users' financial information through data encryption and secure data centers. The vendor also offers two-factor authentication as an additional layer of security for users' accounts.

World-class support: YNAB provides customer support via chat or email, according to the vendor. Users can access live Q&As and recorded workshops to receive assistance with any questions or concerns they may have.

Connect to your bank: According to the vendor, YNAB allows users to securely link their accounts and import transactions automatically. This feature ensures that users' budgets are up-to-date with real-time transaction syncing.

Goal tracking: YNAB offers powerful target-setting features to help users prioritize spending and savings goals. Users can track their progress and visualize their goals, making informed spending decisions based on their progress towards achieving those goals.

Easy setup mode: According to the vendor, YNAB provides an easy setup mode that guides users through the initial setup process for a smooth start.

Spending and net worth reports: YNAB offers spending and net worth reports to help users track their progress and visualize their financial health. These reports provide insights into spending habits and enable users to monitor their overall financial well-being.