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Thread: Ynab?

  1. 01-30-2011, 11:14 PM #1
    Nishu
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    Default Ynab?

    I just downloaded it and it looks okay. But it's 60 flippin' dollars. How can this possibly be worth 60 dollars? I mean it's nice, but it's not 60 dollars worth of nice. It looks like I have to input everything manually, which is gonna be a pain. It doesn't look any nicer than my excel budget.

    Am I skipping over something important?
    ~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~

    ~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
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  2. 01-31-2011, 08:25 AM #2
    Greebo
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    I've heard good things about it - but I can't speak to it's value. I can't condemn it either though - I upgrade Quicken every year - the Rental Property version too so that's easily $100 / yr.
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"

    Greebo    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
     WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three     Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!
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  3. 01-31-2011, 08:34 AM #3
    monkeywrangler71
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    Quote Originally Posted by Greebo View Post
    I've heard good things about it - but I can't speak to it's value. I can't condemn it either though - I upgrade Quicken every year - the Rental Property version too so that's easily $100 / yr.
    Do you find any difference or improvement in later versions of Quicken? I'm using 2008 Home & Business, am I missing anything wonderful?
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  4. 01-31-2011, 08:39 AM #4
    Greebo
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    Quote Originally Posted by monkeywrangler71 View Post
    Do you find any difference or improvement in later versions of Quicken? I'm using 2008 Home & Business, am I missing anything wonderful?
    Well Rental Property manager is new as of 2010 - but as far as the basic uses of Quicken that we leverage, I couldn't say. The basic transaction management is much the same.

    I just keep it current out of habit more than anything...
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"

    Greebo    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
     WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three     Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!
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  5. 01-31-2011, 11:45 AM #5
    monkeywrangler71
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    Downloaded and worked with it this morning. I don't see a $60 product there. It only allows you to budget your expenses not your income, so you can't forecast any farther than right now. You won't know if you are going to run into trouble until you're already in it. Plus, it's entirely manual. It handles the expense budgeting in a nice clean manner, but it is priced at about 3 times what it is worth.

    Frankly the overwhelmingly positive reviews are a little puzzling, and its adherents are almost cult-like in their support. Did you read the amazon reviews? Anyone who posts a negative review is attacked. I fully expect to see a troll appear in this thread to rebuke what I am saying right now. Seems to me the creator is selling a philosophy more than anything, if you don't buy into his exact way of thinking then his software isn't much use.

    It's a shame because I do really like the clean interface, but if you can only budget what's going out and not what's coming in - well, it's not much of a budget is it? I would use it as a tool in addition to an actual accounting program, if it were free. Otherwise, it doesn't do anything that can't be done just as easily in excel - just looks better.
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  6. 01-31-2011, 12:00 PM #6
    Russ
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    Quote Originally Posted by monkeywrangler71 View Post
    Downloaded and worked with it this morning. I don't see a $60 product there. .
    At the top of the page there is a "purchase" tab.

    https://secure.youneedabudget.com/ch...erchantId=YNAB
    Russ

    Truck payments: 10 9 8 7 6 5 4 3 2 1 WAHOO!
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  7. 01-31-2011, 12:29 PM #7
    madhen
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    There is a way to budget income. You have to set up a separate account under a category called "long term account" or something like that. I don't recall exactly. It allows you to budget things like EF and retirement savings and such.
    DH aka Mad Hen
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  8. 01-31-2011, 12:35 PM #8
    monkeywrangler71
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    Quote Originally Posted by Russ View Post


    At the top of the page there is a "purchase" tab.

    https://secure.youneedabudget.com/ch...erchantId=YNAB
    Lol. I mean I don't see this product as being worth $60
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  9. 01-31-2011, 12:53 PM #9
    Russ
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    Quote Originally Posted by monkeywrangler71 View Post
    Lol. I mean I don't see this product as being worth $60
    My bad, I thought you meant you actually didn't see it.
    Russ

    Truck payments: 10 9 8 7 6 5 4 3 2 1 WAHOO!
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  10. 01-31-2011, 02:55 PM #10
    AnW819
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    Wait a moment here. You are all spending $60 for a budget program? Am I missing something?
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  11. 01-31-2011, 03:00 PM #11
    Greebo
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    Quote Originally Posted by AnW819 View Post
    Wait a moment here. You are all spending $60 for a budget program? Am I missing something?
    No, I'm spending twice that.
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"

    Greebo    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
     WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three     Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!
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  12. 01-31-2011, 03:01 PM #12
    monkeywrangler71
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    Quote Originally Posted by AnW819 View Post
    Wait a moment here. You are all spending $60 for a budget program? Am I missing something?
    No, they have a free 35-day trial version.
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  13. 01-31-2011, 03:07 PM #13
    AnW819
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    You have all gone MAD!!! Hahahaha
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  14. 01-31-2011, 03:10 PM #14
    Greebo
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    Well for me Rental Property Manager is a business expense - and business expenses are deductible - so you know it TOTALLY makes it worth while to spend $120 to save $30 on my taxes...
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"

    Greebo    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
     WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three     Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!
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  15. 01-31-2011, 03:16 PM #15
    Nishu
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    I totally would have bought it for $60 if it had been as good as everyone said it was. I was pretty excited about it, too. I wanted to buy it because it looked like it was make budgeting easier. Budgeting isn't hard for us but it's not quite on autopilot and I was hoping it would be. I guess I was just hoping for something sexier.

    Thanks for your input, guys. I guess I'll just stick to excel
    ~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~

    ~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
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