YNAB does have some reports, but that's really designed to be used to help you budget more accurately. Read More: Personal Capital vs.YNAB. Study: Best Budgeting Software - Quicken vs Mint vs YNAB If you want to get ahead in life, you're going to have to make a budget and stick to it. Both are owned by the same company: Intuit. The following are valid alternatives to Mint and YNAB: Personal Capital – A perfect fit for those who need a personal investment tool to track their portfolio and net worth, more so than a personal finance budget tool. For more information, check out our article on Personal Capital vs Mint. Personal Capital’s Free Tool vs. YNAB. If YNAB shines for budgeting, Personal Capital wins long-term planning by a landslide. The platform’s financial software is free to use, but the wealth management service is … Although Mint fares well compared to YNAB in terms of investment tracking, Personal Capital is best for serious investors. Security is a big concern of any Internet user. 1. The service also has the option of adding unlinked accounts by starting with your current balance and manually entering transactions. Mint vs. YNAB: Which One is Better For Me? Personal Capital and Mint are free. Personal Capital Overview (Free) Personal Capital is an investment app that is still a viable Mint alternative. Once I signed up on YNAB’s website, I immediately started following the prompts to connect my bank accounts to YNAB. Best Personal Finance Software: Personal Capital vs Mint vs Quicken vs You Need A Budget vs MoneyDance & More Kimberly Alt Updated: January 24, 2020 91 Comments To sustain this free service, we receive affiliate commissions via some of our links. Personal Capital When I set out to write this post last fall I was pretty sure I’d just be reconfirming my long-standing love affair with Mint. Whereas Mint will give you insights into your account balances and holdings, YNAB does not feature any investment tracking. Personal Capital has many of the same features as Mint and YNAB - like linking all of your accounts and setting budgets and … Mint, another popular budgeting app, focuses on helping users track and categorize expenses and save more. Investment Management Personal Capital is the only app of the three that can manage your investments (for a fee). You Need a Budget – a better budgeting methodology and education 3. Since you’ve made it this far, it should be clear Mint and YNAB offer slightly different services. Quicken costs money, and Mint is free. Personal Capital – free financial dashboard plus wealth and retirement planning 2. YNAB: $11.99/month or $84/year – Is YNAB worth the cost? It was founded in 2006, then acquired by Intuit in 2009, and currently has over 10 million active users. Personal Capital vs. YNAB, which is better for planning? Personal Capitalis a very useful tool for keeping track of your investments and money across multiple accounts. Currently, your data is encrypted with AES-256, which is better than most banks. Mint is a personal budgeting and financial tracking service. YNABis a tool that aims to change your spending behavior. However, now that I’ve spent some time on all three platforms, I’ve found myself really liking them all for different reasons. Alternatives to Mint vs. YNAB. The Personal Capital program we're talking about here today — the personal finance tools — is free. … That’s because YNAB just don’t have the tools Personal Capital offers. Personal Capital prioritizes ongoing security testing to stay ahead of cyber criminals. GoodBudget – support envelope budgeting methodology 8. If you want help putting together a basic budget and tracking your progress, YNAB is the better choice. YNAB's focus is on budgeting, unlike personal capital and mint where the focus is on money tracking and budgeting is more of an afterthought. The good news is that in the Personal Capital vs. YNAB battle, both apps take your security seriously. The main difference between YNAB and the free Personal Capital tool is that the Personal Capital tracking tool gives you a long-term view. Jan 10, 2019 by Ada Do Budgeting Personal Debt. With a free service, you aren’t likely to get much customer service, and Mint does have ways of monetizing your use of the platform (such as ads). With YNAB, you can link things like savings and … Quicken – Old but powerful if you can make it work 6. YNAB vs Mint Price Comparison Mint Pricing: FREE. There are plenty of tools available to help you keep track of your finances and save money, such as Mint, YNAB, EveryDollar, PocketGuard, Clarity Money, Personal Capital and more. Personal Capital vs. YNAB: What is Personal Capital? So, it doesn’t hurt to try out one today. PocketSmith – plan your budget and project with confidence 5. Mint does let you link brokerage accounts, your 401k, IRAs, and mutual funds, so Mint will show you where you’re at, but neither YNAB or Mint are going to give you as much detail as Personal Capital. Depending on which version of Quicken you want to use, you'll have to pony up $34.99 to $99.99 for each year's subscription (discounts are available). Mint does handily beat YNAB in one key area: it is free. It is difficult to select the best budgeting apps from them. Paying down debt. There's also a paid investment management service available if you have a minimum of $100,000. Tiller – level up your spreadsheets with automation 4. Updated September 15, 2017 Budget planning and keeping track of your business is a key factor if you wish to stay ahead of your competitors. Budgeting apps can help users take more control of their money, and can be a great way for people to keep track of their money goals. Battle of the Budgeting Software: YNAB vs. Mint vs. YNAB does cost money. Mint vs You Need a Budget vs Personal Capital. This YNAB vs. Quicken article will help you to select between YNAB and quicken. YNAB is better for simple budgeting functions. While Mint and YNAB both offer bill management tools, Personal Capital does not. For us, Personal Capital is a must have tool. Founded in 2009 with over 2 million users, Personal Capital offers two distinct services: a financial software and a wealth management tool. YNAB vs PocketGuard YNAB teaches users the value and power of zero-based budgeting , and it probably has the most cult-like following out of any of these apps.YNAB is $84/year or $11.99 when billed monthly, and you can try YNAB for free for 34 days. Learn more at Mint vs. YNAB 2020 | Which Budgeting App is Best? Like Mint and Personal Capital, YNAB links to your accounts to automatically import transactions. Decide what’s important to you, then go with the app that gives you the necessary tools. Wealthfront, SigFig and Betterment for example, charge 0.25% to 0.35%. As with most things related to personal finance, the debate between Quicken vs. YNAB is really more about your specific needs. You Need a Budget (YNAB), Mint, and Personal Capital are three great apps for budgeting. Instead, it sticks with its bread and butter focus on budgeting. Mintdoes a great job of tracking expenses and seeing how close you are to certain expense limits. EveryDollar – Dave Ramsey's budgeting tool 7. Mint has consistently topped the lists of best budgeting apps and personal finance tools because it offers a broad and clear overview of your finances. When you stack up YNAB vs Mint, they are really designed for a different kind of user. YNAB offers a free-trial. See how Mint compares to alternatives like Quicken, Ynab and Personal Capital. Read our complete Personal Capital review or our comparison of Personal Capital vs. Mint to learn more. YNAB is better for someone willing to invest time and energy into detailed budgeting, while Mint is more high-level and hands-off. Whether you’re interested in tracking your spending, monitoring your investments, or watching your net worth grow, Personal Capital sews it all together in one convenient dashboard. But Personal Capital’s overall package is considered one of the most comprehensive in the field.