The Why Behind the New YNAB

Today, we are rolling out a brand-new YNAB. A lot has changed.

The focus has changed in that we are ever more focused on the method—our Four Rules.

We want it to be easier than ever to prioritize and give every dollar a job.

We want you to be able to look ahead and embrace your true expenses. We’ve built goals into the new YNAB and it is much easier to do just that.

We wanted to remove the tedium from this whole process and so we’re introducing direct import, where you can just set up your bank and it will pull in all of your transactions.

And here’s a little secret—which probably deserves its own video—but with direct import I am reconciling more frequently. I’m in YNAB more than I’ve ever been, because the process is simply so much easier. My awareness is up as a result. (And, yes, direct import is a change of thinking for me. I did a complete about face. More about that later.)

There is a new metric called the Age of Money. We’ve even changed the name of Rule Four to reflect this because we think it’s very valuable.

We want you to age your money. In the new YNAB, you’ll be able to see how long ago you earned the dollar you are spending right now. If it was about 30 days ago, you’re doing pretty well. The goal is for your money to be at least 30 days old and we will automatically track that for you.

We are really doubling down on Rule Three and you’ll see that in the software. You are forced to address overspending on the go, which demands that you are proactive in changing your plan and sticking to it over the long-haul.

I could go on and on. The design is all new. It’s all on the web. It runs on Linux. It runs on Chromebooks. You don’t have to download and install anything. You don’t have to use Dropbox.

If you are coming from YNAB4, there is a Transition Guide, so you can understand exactly how it works. For instance, credit cards are handled in a whole new, much more intuitive, way.

It has been rewritten from the ground up. We have been working on this for years—literally, years. And every bit of it—every feature, every workflow, every resource—is there to help you reduce your financial stress and gain more control of your money. That is our whole purpose for doing everything we do.

I hope you’re not even listening to me anymore and you’ve just gone and signed up for a trial!

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