Question

What personal budgeting and finance tracking tool do you use?

I used to use Mint, haven't checked it in forever, and would love something similar that works well today. What do you recommend for keeping track of your finances?

Mentioned
#Finance #Accounting #Plaid #Truebill #Airtable #Copilot
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maxefremov's avatar
a year ago
YNAB

You Need A Budget (YNAB) is an expense tracking and budgeting tool. After exploring the space around 2014, I found it and have been using ever since.

The budgeting is best set up on a desktop app, and the philosophy behind the software--assigning every dollar a job, tracking every dollar, live off previous month's income instead of this month's, etc.--inform the layout and flow of the app. I rarely use the phone, and once a month do all my expense tracking.**

**Manual expense tracking is a bit of a pin, but I find it useful to manually check-in with my spending; to get a ground truth of what I'm doing. They have transaction importing available but it was buggy when I last tried it, haven't tried since.

7 points
itsjackcohen's avatar
a year ago
Truebill

I've tried pretty much everything under the sun -- my top three are:

  1. Truebill
  2. Tiller
  3. Copilot

Truebill still feels like it's the best at auto-categorizing my transactions, which is a small, albeit important, feature. Most of these are at feature parity, but I also think that the recurring UI for Truebill still trumps the others. That and the fact that the budgeting setup is very simple and straightforward, makes Truebill the winner for now.

I love how granular Tiller gets and their daily overview emails are nice, but I haven't habitualized going into that spreadsheet as much as I'd like so still working on that. Obviously if there are syncing issues that will be a quick death.

Interested to hear what the most differentiated feature is that you've encountered in these apps?

5 points
maxefremov's avatar
@maxefremov (replying to @itsjackcohen )
a year ago

Does Truebill provide for some sort of budgeting in addition to expense tracking? I'd like to save time from entering my numerous credit cards' transactions.

4 points
ansh's avatar
@ansh (replying to @itsjackcohen )
a year ago

What are some privacy concerns of TrueBill?

2 points
danielkang_'s avatar
a year ago
Copilot

The latest I’ve discovered has been Copilot. Easy to setup, Plaid integration, and great UI/UX so far.

4 points
cawlin's avatar
@cawlin (replying to @danielkang_ )
a year ago

I've just started using https://lunchmoney.app in the last few months. It is in active development so may not be to everyone's tastes but it works well for me as someone who only needs basic budgeting for a few categories.

I was using Tiller which I liked but it had intermittent connectivity issues with my bank to the point that It was unusable.

3 points
danielkang_'s avatar
@danielkang_ (replying to @cawlin )
a year ago

Thanks for the share! Will check it out. I'm anxiously waiting for https://www.monarchmoney.com/ so I can compare their product as well.

3 points
maguay's avatar
@maguay (replying to @danielkang_ )
a year ago

Curious, did you ever get into Monarch—and how did it turn out for you?

2 points
maguay's avatar
@maguay (replying to @danielkang_ )
a year ago

Ohh you'll have to share how you find Monarch once you get access—curious as well!

What's your favorite thing about Copilot so far?

1 point
maguay's avatar
@maguay (replying to @cawlin )
a year ago

Wild that Tiller is entirely built around Google Sheets, though too bad to hear it didn't connect well with your bank.

Lunch Money looks simple and fun. What's been the best reason to use it so far for you?

1 point
SaaSyAdvice's avatar
a year ago
Just a spreadsheet like Airtable

I've been using plain spreadsheets for the longest time. Airtable is now my preferred spreadsheet, what with its views/filters/block/etc.

Since it has worked so well for me, I started building a SaaS around it, to automatically sync transactions to Airtable, while also having a nicer mobile view. fintable.io

3 points
maguay's avatar
@maguay (replying to @SaaSyAdvice )
a year ago

Ohh Fintable syncs your bank accounts to Airtable? That's super cool.

Curious, what have you found the hardest in building a SaaS budgeting app to scratch your own itch here?

2 points
jessefulton's avatar
a year ago
Personal Capital

Personal Capital is great for tracking finances, but I also use Mint for budgeting. To be honest, once you set up Mint properly, it actually does a pretty good job at managing budgets automatically for you. As long as you sign in once every few weeks to manage outlier transactions, it's solid.

3 points
maguay's avatar
a year ago

It's not out yet, but Microsoft Excel is getting a new "Money in Excel" feature powered by Plaid that will connect to bank and other financial accounts, import balance and transaction history, graph your budget and track recurring expenses, and more. Will be interesting to see how well it works—and at any rate should be easier than downloading .csv files and adding them to a spreadsheet.

3 points
siddxxvii's avatar
@siddxxvii (replying to @maguay )
a year ago

This sounds so interesting cant wait to use it.

1 point
unxrlm's avatar
a year ago

This will sound very old-school but for ages, my single source of truth has been my books kept in Gnucash. It's the only application I have left with a dependency on Windows. It runs on macOS but does not support MySQL or PostgreSQL on macOS or Linux. For years now I have been using a MySQL backend for all my data. I have my database in a GCP CloudSQL setup which frees me from the dependency on a particular desktop. It turns Gnucash close to a SaaS offering (install the client, consume from the cloud).

I will use other tools from time to time, for reviews and trends or investment performance. I've used [Mint](https://www.mint.com/ though I've moved away since the Intuit purchase. I've used Personal Capital which I find solid. I've used separate tools to look into investments, things like Sigfig.

I have tried Truebill and although it was an interesting way to track recurring items automatically, the constant offers to lower my bills which yielded poor results, for the most part, got to me over time.

More recently, I tried Buxfer which is a new player in the "integrated financial information" space.

What I may end up doing is leveraging the Plaid API to facilitate pulling transactions I can import into Gnucash. Gnucash supports OFX but Plaid would likely streamline this process.

I don't use the reporting feature of Gnucash a lot but I've found I can query the MySQL backend and run my own reports as needed.

2 points
maguay's avatar
@maguay (replying to @unxrlm )
a year ago

Gnucash, that's a name I hadn't seen in a while! Just checked their website and pretty sure it hasn't been updated in just as long. Good to hear it's still working for you, and wild that you've got it syncing with Google Cloud! You just made me think that one could setup a free Airtable alternative (albeit with a much less nice UI) using OpenOffice's database tool with a cloud MySQL database...

2 points
Sammy623's avatar
8 months ago

I started using Copilot a few months ago and have never looked back. It is great, and with their use of Plaid my transactions show up super quick. I would definitely give it a try.

2 points
-Lee-'s avatar
a year ago

For tracking finance I use PocketSmith for budgeting I use a Google Sheet

1 point
Happyblusky's avatar
9 months ago

I have been using Copilot and love it! If you want to use my code you can get a month of Copilot free to try it out: MEBW48

1 point
maguay's avatar
@maguay (replying to @Happyblusky )
9 months ago

What's your favorite thing about Copilot so far?

1 point
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