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I bought the downloadable software and liked it all right, but then a year later they moved to the subscription model.

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I just would suggest people who do see value in it try to figure out what that value is, and if it can be achieved for free and minimal hassle.

I don’t see the value in it-not $45 and certainly not $90. Just because others see value in YNAB, doesn't mean you have to see the value in YNAB too. Post-YNAB, I had my annual expenses down to the penny, and now have much higher degree of confidence in my FIRE number. Pre-YNAB, I had only a 'rough' estimate of what my annual expenses were. Perhaps if you are someone living paycheck to paycheck it makes sense…but if you already have your financial house in order I failed to see what it brought to the table a simple, single spreadsheet…or even mental accounting didn’t.īoth 'living paycheck to paycheck', FIRE types, and everything in between (ie myself, having assets at 20x of my annual expenses) uses YNAB. Yea I mean…I haven’t looked at YNAB for a while but when I did check it out based on numerous recommendations I didn’t see what advantage it offered. I spoke with the development team, and they basically said the aggregation software is expense because of the same exact reason we don't like subscriptions, they can only buy a subscription to it. to have account aggregation its an additional $25/month, and thats basically the only extra feature. I use a different piece of software that has two pricing tiers. So effectively its a business decision to force inclusion. I believe I've heard Jesse from YNAB being quoted on a podcast saying that they flipped from saying 'we want people to have to enter every transaction manually' to 'we want it to be automatic to reduce the effort so that people can spend time on the parts that matter'. And I don't trust the aggregators enough to give them my login credentials against my financial institutions' terms of service.

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I'm a happy manual only user, and I think that makes it a better product as in improves ones connection to the budget. If that's the case then they should make this an add-on service.

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I wonder then if a tiered approach might be something to consider - YNAB basic for the regular price, YNAB+ with auto import for whatever the aggregators charge plus a markup? I don't know what they get charged, I just know it isn't insignificant. That part of the software is effectively a pass through cost. Part of the issue is the fees that account aggregators charge. At that point I can build a spreadsheet to adhere to the four rules and while I might not have Quick Fill and auto-import, that'd be ok. But if I were, I think $90/year would be my limit. On balance, I won't be subscribing, because YNAB 4 works for me as our finances are stable enough to be basically be in the maintenance mode=I'm not trying to pay down debt or save for a mortgage or anything. And they'll only want to increase from here. $90/year is basically like buying a release a year, so really the price is doubling or tripling over the last model. You used to buy a release for $80, use it for 2-3 years, and then buy a new one for $80, use for 2-3 years. On the other hand, I am not a fan (although I understand the appeal) of so much software moving toward recurring subscriptions. I am of two minds of this: $90/year is $7.50 a month, and if you don't get $7.50/mo worth of value from YNAB, why are you using it at all? Seems like a low bar. An app like YNAB doesn't have nearly their costs, but they also don't have any hope of scaling to the hundreds of millions of subscribers that make a video streaming app possible for under $15/month. My bigger concern would be if they went out of business - there is no other software quite like it on the market - at least not anything I'd count on long-term.Įdit - I don't think comparisons to services like Netflix are quite fair. YNAB has and continues to help me save far more than $90/year - let alone the time investment I'd need to replicate even a fraction of its functionality, so I'll continue to pay. So long as signals the transition from start-up phase to long-term stability phase, I think that's a good sign for any service you count on. If and when they have successfully tied-in enough users, they raise prices by about double. The tried and true business model is that a service gains marketshare with a good product at an unsustainably low price. Honestly, this is to be expected by now for basically any tech service. I hadn't seen that, and will be renewing again in January.