We've reviewed and compared more than 15 personal finance apps. Our goal is to bring you the most honest, simple, and informative reviews. Turns out, users also want to compare specific applications.
This review compares YNAB and Status Money . The better software depends on your needs. So let's dive in and figure out which is right for you.
When it comes to personal finance software, users care most about: the cost (if there is
any), whether or not the software can be used for budgeting, and whether or not the
software has support for bill paying. Let's look at how YNAB and Status Money compare against each other.
To start, let's consider the cost the use either service.
Currently, Status Money is a free personal finance app. In comparison, YNAB is $6.99/month.
Budgeting is another huge topic when it comes to personal finance.
Both YNAB and Status Money have the ability for users to budget within their apps, so it's a tie with this functionality.
When it comes to bill paying unfortunately neither YNAB or Status Money offer this functionality.
Personal Finance Software
|Review||YNAB Review||Status Money Review|
Overall rating as by Investor Junkie.Rating
|Ease of Use|
|Tools & Resources|
|Promotions||FREE First Two Months||Join for FREE|
|Trial Period||34 days||-|
|Credit Score Monitoring|
|Import QFX, QIF Files|
How can you access the sevice? Website only? Via smartphone app?Access
|Website, iOS App, Apple Watch, Android App||Website|
More security to prevent unauthorized access to your account.Two-Factor Authentication
|Sign Up||Sign Up|
YNAB (otherwise known as You Need A Budget) is a popular budgeting app. The latest version is now an online service and can sync with your bank accounts. However, it lacks all of the bells and whistles that Personal Capital and Mint have.
About Status Money
Status Money brings all your accounts into one place and lets you discreetly compare your finances to those of your peers to get a better idea of how you’re doing when it comes to spending, debt, credit score, income and more. However, Status Money is perhaps best suited to the user who is already aware of their net worth and balances so that they can catch any mistakes.