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Software · head to head

EveryDollar vs YNAB

EveryDollar logo

EveryDollar

Software

Budget every dollar, build wealth faster

From
Free
Rated
-
Full reviewWebsite
YNAB logo

YNAB

Software

You Need A Budget

From
$14.99/month
Rated
-
Full reviewWebsite

The short version

  • Only EveryDollar has a free tier, so it costs nothing to try first.
  • Each has a real cost: EveryDollar the free version has no bank connection, so every transaction is entered by hand; YNAB subscription priced exclusively in US dollars; international customers face unfavourable exchange rates
  • They diverge on capability: EveryDollar covers Transaction tracking, YNAB covers Bank sync.

Where they differ

Only the attributes on which EveryDollar and YNAB actually diverge.

Attributes where EveryDollar and YNAB differ
AttributeEveryDollarYNAB
Starting priceFree$14.99/month
Pricing modelfreemiumsubscription
Free tierYesNo
Founded20142004

Identical on both: platforms (Web, IOS, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in EveryDollar

  • Transaction tracking
  • Budget planning
  • Financial insights
  • Bank accounts
  • IOS support

Only in YNAB

  • Bank sync
  • Goal tracking
  • Reports
  • Multi-device sync
  • Bank connections
  • Plaid
  • Bank-level encryption
  • Read-only access

Both cover

  • Zero-based budgeting
  • Web support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

EveryDollar

  • Zero based monthly budgeting using the Ramsey methodnot YNAB
  • Tracking bills and sinking funds by categorynot YNAB
  • Automatically importing bank transactions into a budget on Premiumnot YNAB

YNAB

  • Individual budget tracking with 34-day free trial before subscription commitmentnot EveryDollar
  • Household budget management with wife-on-plan sharing for up to 6 household membersnot EveryDollar
  • Manual transaction entry for banks outside the supported import listnot EveryDollar

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

EveryDollar

  • The free version has no bank connection, so every transaction is entered by hand
  • CSV export of budget data is Premium only
  • Spending reports and historical comparisons are Premium only
  • Premium costs $17.99 per month billed monthly, and the $6.67 headline rate requires paying $79.99 for a year up front
  • The free trial lasts 14 days and is limited to new users

YNAB

  • Subscription priced exclusively in US dollars; international customers face unfavourable exchange rates
  • Multi-currency support restricted to one currency per spending plan
  • Bank import limited to select institutions in US, Canada, UK, and EU only
  • Household plan can only be shared with up to 6 people; additional members cannot access shared plan

Pricing, plan by plan

EveryDollar

Free
  • FreeFree
    • Manual budget entry
  • Plus$14.99/month
    • Bank sync
    • Mobile app
    • Transaction tracking

YNAB

$14.99/month

No published plan breakdown. See the YNAB review.

Which should you pick?

Choose EveryDollar if

  • You need transaction tracking.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want budget planning.
EveryDollar review

Choose YNAB if

  • You need bank sync.
  • You work on Web, iOS, Android.
  • You also want goal tracking.
YNAB review

Questions people ask

Is EveryDollar or YNAB better?
Neither clearly leads. EveryDollar starts at Free and YNAB at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, EveryDollar or YNAB?
EveryDollar has a free tier; the other does not. Paid plans start at Free for EveryDollar and $14.99/month for YNAB.
Does EveryDollar or YNAB run on more platforms?
EveryDollar runs on Web, IOS, Android. YNAB runs on Web, iOS, Android.
Can I use EveryDollar for free?
Yes. EveryDollar has a free tier, so you can try it without paying. YNAB starts at $14.99/month.
What is EveryDollar best used for?
EveryDollar is most often used for zero based monthly budgeting using the ramsey method, tracking bills and sinking funds by category, automatically importing bank transactions into a budget on premium. Of those, zero based monthly budgeting using the ramsey method and tracking bills and sinking funds by category are not what YNAB is typically brought in for.
What can EveryDollar do that YNAB cannot?
EveryDollar covers Transaction tracking, Budget planning, Financial insights, Bank accounts. YNAB covers Bank sync, Goal tracking, Reports, Multi-device sync. Both handle Zero-based budgeting, Web support, Android support.
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