YNAB review

You Need a Budget (YNAB) is a browser-based budgeting program that handles the basics well, but lacks some advanced features.

YNAB review
(Image: © YNAB)

Top Ten Reviews Verdict

YNAB is a great choice for basic budgeting, but it lacks advanced financial-tracking and reporting features for investments and taxes.


  • +

    Extremely easy to use

  • +

    Tracks all your transactions and budget


  • -

    Lacking advanced features

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You Need a Budget (YNAB) is a browser-based budgeting solution that helps you mange your transactions and finances quickly and easily. YNAB focuses on creating and following budgets to help you keep on track when it comes to saving money, but it lacks some of the advanced features like investment tracking that we've come to expect from the best personal finance software, Despite that, YNAB is a great choice if you're looking for a simple budget tracker.

One of the best features YNAB offers for simplifying your financial tracking is connecting directly to your bank and credit card companies and automatically downloading transactions. This saves you the hassle of either manually entering transactions or downloading files from your financial institution and uploading them into the program. However, these manual options are available if you need them.

The platform is neat and logically organized. When creating a budget, you can view the actual amount you spent the previous month to gauge what you may spend the next month. You can simply copy the budget to the next month as well and adjust individual categories as needed. You can choose to have certain accounts be off budget; for example, if you don't want to factor your personal checking account into the family budget. If you want to learn more about budgeting, YNAB offers substantial educational resources such as a blog, weekly newsletter, videos, podcasts and workshops.

YNAB offers mobile apps for both Android and Apple mobile devices that continuously sync across all devices. Using the mobile apps, you can add transactions, view all accounts and adjust your budget. A summary at the top of the app displays rollovers from the previous month, the amount funded for the current month and the amount used month to date. You can set a PIN to protect your personal information. YNAB is unique in that it also has an app for Amazon's Alexa. You can ask Alexa to tell you your balances and available funds, and record transactions for you.

This software can report on category spending, payee spending, trends, income versus expenses and net worth. You can adjust the timeframe and the specific account you want to view the report for, and you're provided with a pie chart and color-coding key. This information is certainly important and useful, but its competitors offer many more reports. Further, you can only export reports in CSV format.

There are also no investment reports and no investment-tracking features. Quicken Premier and Moneyspire are good options for tracking your investments. You can add bought-and-sold securities as you would a typical transaction, but that is the extent of YNAB's capabilities. It can keep track of your broker account total, but there aren't investment-monitoring tools such as a portfolio overview, asset allocation analysis or portfolio to market comparison.

Should I choose YNAB?

YNAB is a great choice for simple budgeting. It is one of the easiest systems to use, and the interface is organized and intuitive. Creating a budget is quick and simple, as is manually adding transactions. However, the program lacks features for more complicated budgeting needs, such as for taxes or investments.

Lori Fairbanks

Lori is a Domain Editor at Business.com, and has written for Top Ten Reviews on a variety of topics in the finance area. She currently resides in Utah, and has a Bachelors degree from Brigham Young University. While working for TTR she reviewed a number of financial apps and business to business systems, thanks to her knowledge of both money and tech.