I've been a paying YNAB customer for over a year, so I assume I'm your target market. I haven't felt a particular need for multi-currency support. What would you say the advantage is over YNAB aside from multi-currency support?
If it helps I can tell you what I really like about YNAB:
- The mobile app is very easy and intuitive for entering transactions as they occur. It prefills fields based on my location so that I often only have to enter the amount.
- Cloud sync and multi-device support means it is easy to share a budget with my wife.
- Because all accounts, loans and recurring transactions are in there the reporting feature gives me a complete overview of our financial situation, past, present and future.
- The YNAB community was very helpful when getting started, because in the beginning it can be tricky to understand how to fit edge cases into the transaction history (like loans and credit cards).
As an aside: I don't use any transaction import features. I tried it out and found it disconnected me from my spending. Within the YNAB community it is considered best practice to not import transactions automatically. For that reason you may want to choose to not offer those features, as there is a good case to be made people shouldn't use them and they are likely to drain a huge amount of your time.
I would actually say that because you are a YNAB'er, you are not my target audience. Lunch Money works best for first-time budgeters because they don't have a previous foundation for budgeting. The Lunch Money philosophy is fundamentally different from YNAB, being that it's not envelope-based and we don't track/assign every dollar. YNAB'ers tend to be very loyal to the YNAB philosophy and while there's nothing wrong with that, it would be an uphill battle to convert already paying users of YNAB to Lunch Money.
We started off with not importing transactions, but ultimately integrating with Plaid was useful for us to get our first 50 or so users off the ground and running right away.
Thanks for the kind words and for taking the time to write feedback.
I've been a paying YNAB customer for over a year, so I assume I'm your target market. I haven't felt a particular need for multi-currency support. What would you say the advantage is over YNAB aside from multi-currency support?
If it helps I can tell you what I really like about YNAB:
- The mobile app is very easy and intuitive for entering transactions as they occur. It prefills fields based on my location so that I often only have to enter the amount.
- Cloud sync and multi-device support means it is easy to share a budget with my wife.
- Because all accounts, loans and recurring transactions are in there the reporting feature gives me a complete overview of our financial situation, past, present and future.
- The YNAB community was very helpful when getting started, because in the beginning it can be tricky to understand how to fit edge cases into the transaction history (like loans and credit cards).
As an aside: I don't use any transaction import features. I tried it out and found it disconnected me from my spending. Within the YNAB community it is considered best practice to not import transactions automatically. For that reason you may want to choose to not offer those features, as there is a good case to be made people shouldn't use them and they are likely to drain a huge amount of your time.