It’s one less thing to worry about. The app itself is protected and requires your fingerprint (again) to use the app and logs you into the service (instead of entering your username/password which is stored locally as a hash). I made four separate transactions with my credit card. Youâll find that help in the user forums on both Mint and YNAB. I understand that YNAB doesnât import anything other than my beginning balance with my Fidelity Investments account. All products are presented without warranty. Even YNAB itself states that loans and investment accounts are not automatically synched and must be manually updated. Here are some of the additional features that Mint offers: Now that we’ve covered the main features that Mint offers, let’s take a look at YNAB. Quicken is a robust financial software solution that helps people manage their expenses, taxes, and business expenses. These third parties then use your data to target you with ads that might fit your situation. Of course better customer service might be expected from a paid service than a free one. To compare YNAB vs. Mint effectively, you have to break them down by category. Both, in fact, are excellent budgeting apps and comparable to each other in most ways. I use YNAB daily and occasionally Mint. Check out my post on 51 money-saving tips. Founded in 2007, Mint is a budgeting tool that was acquired by Intuit, the same company behind similar financial solutions like TurboTax and QuickBooks. Not all budgeting apps are made equal; it's all about perspective. As an account holder, Mint will help you link all of your external financial accounts to your centralized Mint dashboard. While Mint supports a larger number of banks and financial services than YNAB, it also seems to have a lot more technical problems with synchronization. No means to properly track. I would say that both companies, more or less, tie when it comes to the customer support category. As you might expect from a service that’s run by a billion-dollar company, Mint offers more services and features than YNAB does. YNAB is definitely my choice. ), when I click for more detail, it says 15 transactions amounted to $1.5K, and when I added them up myself they added up to $2K! Trading three decades of financial publishing experience in the corporate world for a life of personal and financial freedom as a freelancer in 2012, Ruth is passionate about helping others take control of their personal finances and to become aware and educated on their options as self-reliant individuals. However, YNAB is designed for this specific purpose in mind. There are other great options like Personal Capital, using your own custom spreadsheet or good old fashioned pen and paper – but Mint vs YNAB is one of the biggest rivalries in budgeting. Those who are truly looking to create and follow budge… Mint is 100% free to use. This may have changed since your response, YNAB has allowed me to link student and auto loans, and credit cards. You can use both services to track your spending, savings, and debt amounts, among other things. Two years later my credit card debts are gone and I have $20K in the bank. YNAB stands for “You Need a Budget.” The company was founded in 2004 by a husband-and-wife team Julie and Jesse. Embrace Your True Expenses Investor Junkie does attempt to take a reasonable and good faith approach to maintain objectivity towards providing referrals that are in the best interest of readers. Take Mint vs. But for me this is a huge deal-breaker since the amount of money in that account changes a lot each day. Both companies also offer easy-to-use apps that keep you informed of your finances wherever life takes you. Mint is a financial tracking app and budgeting tool offered by Intuit. I do have to manually update the balances for some of them but those associated with my bank can import automatically. Now, with the new YNAB, you no longer need to manually enter your transactions to make sure you've captured all of them in YNAB. YNAB has done a great job of moving all its functionality online without bugs or disruptions to existing users. Since you’ve made it this far, it should be clear Mint and YNAB offer slightly different services. Mint is known to be a free, automated solution in which you can connect your financial property on their platform, to automate and get a bird’s eyes view of all the money coming in and out. I will never in a million years touch that software again! Ready to learn more about saving money and starting your journey on the path that leads to financial independence? Your email address will not be published. YNAB is most commonly accessed via its powerful apps, which are highly rated, with a near-perfect 4.8 stars (out of 5) in the App Store. Mint and YNAB are two of the world’s most popular online budgeting apps. YNAB offers email support (scroll to the bottom of that page to find the email contact link). In 2009, Intuit acquired Mint for $170 million. To make your decision-making process easier, I’ve put together a post that provides an overview of both Mint and YNAB, the pros and cons of using each service, and other interesting details you might be interested in. As account aggregators, both do a fine job of allowing you to see all of your financial accounts at once. By comparing mint vs ynab vs everydollar you can find out the best application for your need. Mint also sells the aggregate (not your individual) financial data to various providers. When I just now imported into YNAB, none of these transactions appeared. 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