Disenfranchised with the high cost and lackluster performance of her IRA, college savings and other retirement accounts handled by a full-service broker, Ruth moved her retirement money to a self-directed IRA in 2015. There is not number to call for “technical” assistance. If you canât find the answer to your question, you can either email the team or hit the chat button for online help. For a more in-depth overview of YNAB’s security features, check this out. You can even integrate YNAB with your Amazon Echo device. Mint is 100% free to use. Response to my specific inquiry from Mint was slow. So it’s budgeting tools are more front and center. YNAB charges $11.99 per month or $84 per year, with the first 34 days free so you can test it out. Opinions are the author's alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Things like your credit score, … Mint vs YNAB: Which app should you choose? There are several ways: Neither Mint nor YNAB offers customer service support via phone. I find it odd this feature works with several YNAB competitors (including Mint), yet YNAB appears to be a much nicer product than Mint, at least the user interface is a lot better. Before signing up with any service, do your due diligence and research your options to see which makes the most sense for your specific situation. Mint is known for helping users effortlessly manage all of their finances in one plac… If you can ever get your bank and credit cards to link, Mint makes this super easy, then there is no place to manage them. Since you’ve made it this far, it should be clear Mint and YNAB offer slightly different services. This is simply not true. Spotty customer service seems to be a recurring experience of users who post on their website forum. YNAB vs. Mint: The Budgeting App Showdown. Mint is a free option and while it has a few bugs, it’s a solid product at no cost. Mint and YNAB are two of the most poplular budgeting apps on the market today. YNAB is a small, privately held company that offers personal budgeting software. Both Mint.com and the YNAB app are designed to make budgeting painless and effective. But, they do have a few key differences that you should consider when selecting the right option for you. YNAB has done a great job of moving all its functionality online without bugs or disruptions to existing users. But for me this is a huge deal-breaker since the amount of money in that account changes a lot each day. YNAB, which stands for âYou Need a Budget,â and Intuitâs Mint have grown to become two of the most popular online budgeting apps available. The accounts are displayed anonymously(citicards 1/2 linked). When I just now imported into YNAB, none of these transactions appeared. From Podcast #197: The Difference Between Mint and YNAB, the one in which Jesse—wait for it—explains the difference between Mint and YNAB with television and movie analogies. The data is collected anonymously and does not reference back to any individual user. Embrace Your True Expenses If you’re searching for a new car, expect to see more ads about cars and auto loans. Both YNAB and Mint offer smartphone support via iOS and Android. As account aggregators, both do a fine job of allowing you to see all of your financial accounts at once. YNAB advertises that all transactions in a checking, savings, or credit card account will be available for import within 12 hours. We break down the comparison into these categories: Budgeting, Account Synchronization, Cost, Customer Service and Education, Security, and Mobile Access. Yesterday, between the hours of 8:00 A.M. and 5:00 P.M. Save my name, email, and website in this browser for the next time I comment. In the old YNAB, you'd log in to your bank account, download your transaction file, go back to YNAB, initiate the import, locate your downloaded transaction file, preview the import, make sure it was going to land in the right account, and then click the import button. To compare YNAB vs. Mint effectively, you have to break them down by category. 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. Keep reading to learn more about where each product shines and also where they fall short. When it comes to educating you about being fiscally responsible, YNAB takes things one step further. ALL RIGHTS RESERVEDMILLENNIAL MONEY® IS A REGISTERED TRADEMARK OF MILLENNIAL MONEY LLC. This is an ongoing complaint among users; you can feel their frustration when you read their comments on synchronization on Mintâs forums. Mint has more financial tools than YNAB. Mint also offers value estimations of property, while YNAB does not. Mint has the edge over YNAB when it comes to tracking your 401(k), IRA, or other retirement and taxable accounts. Mint (see our review) is a free online personal finance service similar to Quicken, but without any software to install. I also made sure nothing was ‘hidden.’. The first difference you should know about these companies is that Mint is free, whereas YNAB is going to cost you. Founded in 2006, the company was acquired by Intuit in 2009. Youâll find that help in the user forums on both Mint and YNAB. While the purpose of the tools is similar, there are some differences in terms of how they tackle budgeting. I had to use support maybe twice and had no issues. I have been using YNAB since 2016. All products are presented without warranty. On the other hand, if your primary focus is budgeting—and if you’re really serious about setting and making a budget—YNAB is probably the service you’ll want to use. 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