Mint vs YNAB: Which Personal Finance App is Right for You

Managing personal finances is a daunting task. But thanks to personal finance apps such as YNAB (You Need a Budget) and Mint, managing income, expenses, and savings has become more manageable. YNAB and Mint have become popular go-to apps for users seeking to increase their financial stability. But which one is better Mint vs YNAB? In this blog post, we will dissect both apps to determine which one is better suited for your personal financial goals.

MoneyPatrol is a financial management platform that helps people stay on top of their finances. It provides automated budgeting and tracking, personalized spending recommendations, and real-time insights into your money situation. With MoneyPatrol, you can create budgets tailored to your lifestyle and goals, keep track of all your transactions in one place, receive alerts when you are about to go over budget, and monitor your financial progress with in-depth analytics.

1. Interface and Navigation

YNAB proactively schedules transactions and assigns them to categories, allowing users to get a head start on budgeting before expenses even occur. This process quickly identifies money designated for all eventualities. The interface is user-friendly, making it easy to navigate and operate, with no cluttered and complicated data to get lost in.

Mint, on the other hand, offers the user a comprehensive view of their spending habits, including graphs and charts. These visuals enable users to understand their spending and identify opportunities to save money. However, the app’s interface, though colorful and attractive, may be difficult for some users to navigate.

2. Budgeting

YNAB and Mint differ significantly in their budgeting approach. YNAB follows a zero-based budgeting system, which means every penny you make goes toward a goal. Essentially, YNAB encourages you to give every dollar a job. This approach is perfect for users seeking strict budgetary guidelines and restrictions.

Mint, on the other hand, assigns goals and categories as well. However, it relies strongly on timeframes (e.g., monthly, weekly, or yearly), giving users a bird’s eye view of their finances.

3. Investment Tracking

YNAB does not have an inherent feature to track investments. Instead, users can opt to add an investment account and track its status and transactions manually. This approach allows users to view through bank and investment accounts across various institutions from one interface.

Mint, on the other hand, is capable of investment tracking, with the app offering a snapshot of users’ portfolios. Users can allocate and analyze investment performance and account activity. This feature is beneficial for users with a higher level of investment involvement.

4. Pricing

YNAB offers a 34-day free trial, after which users must pay $11.99 monthly or $84 yearly. The app also offers support and a free personal financial coach.

Mint is entirely free, offering no-strings-attached access to all of its features, and there is no limit on the number of transactions that can be tracked in the app.


Both YNAB and Mint offer unique features that can provide users with greater financial insight and stability. However, the choice of which app to use ultimately depends on each person’s financial goals and preferences.

For those seeking a more rigid and structured approach, YNAB is the app of choice, offering clear-cut guidelines for spending and in-depth budgeting tools. Mint, on the other hand, has a perfect dashboard that gives you an insight into your spending habits, fluctuations, and patterns.

It’s crucial to note that there is still a place for budgeting software apps in an ever-growing tech-savvy era. YNAB and Mint, despite their differences, can help you take control of your finances and develop better spending habits. Ultimately, it comes down to personal preference and what aligns best with your financial goals.


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