After many long hours of deliberation, I decided to go ahead and purchase the “You Need A Budget” (YNAB) software. I have Quicken 2010 but don’t find it useful for budgeting. It is only good for keeping track of my banking accounts.
I looked at many reviews and downloaded the 7-day free trial. Although seven days isn’t enough time to test the software and make a decision, they do have a 30-day moneyback guarntee if your not satisfied. I have a “slush” fund that I use to save up for things I want and I took the money from there to purchase the software since I didn’t budget for it!
I tried using an excel spreadsheet, but the thing about YNAB that kept me going back to look at it was; the ability to carry over money automatically from month to month in the budgeting process. The software is not nearly as complex as Quicken and if I were able to automatically update all my accounts with a click of the button I’d drop Quicken like a hot potato.
As it is I will use both software packages for now. I realized in using Quicken that I just couldn’t keep money in the bank, after each paycheck, if there was extra left I felt the need to put it toward a debt rather than building up a one month carryover. I think my budgeting issues will be helped with YNAB, it is very user-friendly.