Need That Money

Take Control of Your Finances with You Need A Budget

Managing finances can be challenging, especially for those who live paycheck to paycheck. It can be hard to stay on top of bills, make ends meet, and save for the future.

Fortunately, budgeting apps like You Need A Budget (YNAB) can help. YNAB is a zero-based budgeting app that helps users take control of their finances by giving them a detailed overview of their expenses.

In this article, we will explore YNAB, including how it works, the four-step budgeting approach, and how it can help you save money. Additionally, we will take a look at GOBankingRate’s score for the app, giving you a comprehensive guide to YNAB.

YNAB Overview

You Need A Budget is a budgeting app that is built on the zero-based budgeting method. This means that you assign every dollar you earn to a specific expense, debt, or savings goal.

By doing this, you ensure that every dollar has a purpose and is put towards achieving your financial goals. YNAB will guide you step-by-step through the budgeting process, making it easy to set up your personalized budget.

The four-step budgeting approach of YNAB involves the following:

1. Give every dollar a job

The first step in budgeting with YNAB is to assign every dollar a role.

This means that you should determine what you want to do with every dollar you have available. By giving every dollar a job, it will be easier to prioritize your expenses and ensure that your necessities are covered before spending on discretionary items.

2. Embrace your true expenses

True expenses are those that are infrequent but crucial, such as car maintenance, insurance, and property tax.

These expenses can be challenging to manage, but YNAB makes it easy by encouraging you to save for them monthly. This will help ensure that you don’t have to scramble to find money when the bills come due.

3. Roll with the punches

Unexpected expenses happen to everyone.

Something breaks, a medical bill arrives, or even a job loss. YNAB’s budgeting approach emphasizes the importance of being flexible and rolling with the punches.

You’ll be able to adjust your budget as your circumstances change, ensuring that you stay on track with your goals. 4.

Age your money

YNAB also emphasizes the importance of saving for the future. By aging your money, you ensure that the money you are spending is from previous months, rather than pulling from the current month’s income.

This helps ensure that you have funds available for unexpected expenses and that you’re not living paycheck to paycheck.

Subscription Fee

The YNAB app is not free, and you’ll need to pay a subscription fee to access its advanced features. While some budgeting apps charge a monthly subscription fee, YNAB charges an annual fee of $84.

You may also opt for a monthly subscription fee of $11.99 per month. YNAB’s

Subscription Fee may seem significant, but it’s necessary to cover the cost of providing a high-quality service.

The app offers budgeting advice and helps users make better financial decisions tailored to their needs. Moreover, YNAB’s annual subscription fee is a relatively small price to pay when compared to the benefits of the app.

GOBankingRates Score

The GOBankingRates score for YNAB is 4.5 out of 5, indicating that it’s a highly rated budgeting app. The score is based on YNAB’s affordability, usability, and quality of service.

Additionally, the app received high marks for the support and education offered to users. Many users appreciate the online resources provided by YNAB, which has made budgeting and saving easier and more convenient.

It’s also worth noting that the app offers a free trial period of 34 days. This free trial allows users to test out the app’s features and functionality, ensuring that it meets their needs before making the annual or monthly subscription.


In conclusion, YNAB is a budgeting app that can help users take control of their finances and achieve their goals. The zero-based budgeting method and four-step budgeting approach give users a detailed overview of their expenses, ensuring that every dollar has a purpose.

The annual subscription fee for the app is reasonable, and the GOBankingRates score supports the app’s high-quality service. Overall, YNAB is an excellent budgeting app that can help you save money and manage your finances effectively.


Features of YNAB

YNAB is a budgeting app that offers a range of features to help users manage their finances. Here are some of its key features:


Since YNAB deals with sensitive financial information, it uses multiple security measures to ensure that users’ data is safe. YNAB uses a 128-bit encryption to secure data, the same level of security used by banks.

Additionally, YNAB employs a two-factor authentication when logging in, ensuring that unauthorized access to the app is prevented.


YNAB offers a subscription-based service at an annual or monthly rate. The annual rate is $84, which works out to be $7 per month.

If users prefer to pay on a monthly basis, they can pay $11.99 per month. While this may seem pricey to some, the features offered by YNAB often outweigh the cost.


YNAB offers a range of features, including:

– Financial Account Management: YNAB allows users to connect their bank accounts, credit cards, and other financial accounts, giving them an overview of their current financial situation. – Goal Tracking: Users can set financial goals and track progress towards them within the app.

This feature allows users to stay focused and motivated throughout their financial journey. – Reporting: YNAB provides reporting that gives users insights into their spending habits and provides recommendations on how to save money.

– Loan Calculator: Users can use YNAB’s loan calculator to calculate their monthly payments for loans.


YNAB is supported on both desktop and mobile platforms. The app is available on iOS, Android, and can be accessed via a web browser on a desktop computer.

Comparable Budgeting App Options

While YNAB is a popular budgeting app, several other comparable options are available. Two of the most noteworthy are Mint and Goodbudget.

Mint is a free budgeting app that allows users to manage their money, track their spending, and get personalized advice. While it doesn’t offer a zero-based budgeting approach like YNAB, it is still a useful tool for those looking to manage their finances.

Goodbudget, like YNAB, uses a zero-based budgeting approach. This app offers a free version as well as a paid version that offers additional features.

Goodbudget is a simple, easy-to-use app that is ideal for those new to budgeting.

How to Sign Up for YNAB

Signing up for YNAB is a straightforward process. Here’s how to do it:


Go to the YNAB website and click on the “Get Started For Free” button. 2.

You’ll be asked to enter your email address, choose a password, and confirm that you agree to the terms and conditions. 3.

After submitting your email address and password, you’ll be taken to the dashboard where you can connect your financial accounts and begin setting up your budget. 4.

We recommend setting aside at least an hour for the initial set-up process. This will allow you to set up your budget correctly and ensure that you get the most out of the app’s features.

In conclusion, YNAB is a popular budgeting app that offers a range of features to help users manage their finances. It employs advanced security measures and supports multiple platforms.

There are also several other comparable budgeting apps available, including Mint and Goodbudget. Signing up for YNAB is a simple process, and it’s recommended that a user sets aside an hour for the initial set-up process to maximize the app’s benefits.

Who YNAB is Best For

YNAB is an excellent budgeting app for a variety of users. Here are some of the groups that could benefit most from using YNAB:

Users Who Want to Learn to Be Better Budgeters

YNAB is designed for users who want to learn how to budget properly. By following the app’s four-step budgeting approach, users can learn to assign every dollar they earn to a specific expense, debt, or savings goal.

This method helps ensure that every dollar has a purpose, so users can prioritize expenses and achieve their financial goals.

Benefits of YNAB for Mindful Spending and Savings

YNAB is ideal for users who want to practice mindful spending and savings. It encourages users to be intentional with their money by assigning each dollar a job.

YNAB also includes a saving feature that allows users to age their money, ensuring that they don’t rely on paycheck-to-paycheck. This feature helps users to stay disciplined with their financial goals and make conscious decisions about the way they use their money.

Appropriate for fans of Zero-Based Budgeting

Although YNAB is not the only app that uses a zero-based budgeting approach, users who appreciate this method will find the app particularly beneficial. YNAB’s approach encourages users to account for every dollar they earn, ensuring that they maximize the use of their income.

This can lead to better spending habits and a more profound understanding of how to manage money correctly.

Final Take

YNAB is an excellent budgeting app that can help users take control of their finances and achieve their goals. Here are some of the key things to know about YNAB before you sign up:

Costs and Benefits of YNAB

YNAB is a subscription-based service that charges an annual or monthly fee. At $84 per year or $11.99 per month subscription rate, some users may find it pricey.

However, the app’s advanced features are often worth the cost. YNAB provides benefits such as greater accountability, guided support, and additional resources to aid in budgeting skills.

Savings Claims by YNAB

The app claims to help users save money, and its method has been proven to work. On average, users save $600 their first month and $6,000 their first year by using YNAB.

While these are simply claims and individual results may vary, It’s good to know the potential of YNAB.

Differences from Other Budgeting Tools

YNAB differs from other budgeting tools because of its zero-based budgeting approach and four-step budgeting approach. Also, a bank-level security encryption helps keep users’ financial information safe.

While some users may prefer free budgeting alternatives like Mint or Goodbudget, YNAB provides an excellent free trial option to test its features before subscribing.

Free Trial Offer

YNAB offers a 34-day free trial for new users who want to test the app’s features. The free trial is an excellent way to see if the YNAB approach works for you, and it allows you to determine whether the app is worth the investment.

In conclusion, YNAB is a highly recommended budgeting app that can help users become better at handling their finances. While there are other budgeting apps available, YNAB stands out due to its zero-based budgeting approach and four-step budgeting approach.

Its emphasis on mindful spending and savings is an added benefit. The apps’ advanced security features provide users with peace of mind over their financial information.

While there may be costs associated with the app, the potential savings and benefits offered by YNAB make it worth considering as the go-to budgeting app. In conclusion, the You Need A Budget (YNAB) app is an excellent budgeting tool that can help users attain financial stability.

Its zero-based budgeting approach, guided support, and resources can lead to mindful spending and savings. While the app’s advanced features come at a cost, YNAB claims to enable its users to save a significant amount of money.

With its 34-day free trial, users can utilize this app and determine if it is the right choice for their budgeting needs. Overall, as a budgeting tool, YNAB can help users take control of their finances, become better budgeters, and achieve their financial goals.

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