Tiller Money is a spreadsheet app that syncs with your bank account in order to provide you with detailed records of your daily financial life. It is also a budgeting app that enables you to make decisions concerning your income and expenses.
Tiller money makes it easy for anyone to monitor income, track expenses, and create budgets.
Tiller Money Review
Tiller money is an application that integrates with Microsoft Excel and Google sheets. When installed on a desktop or mobile, it connects to your online financial account with your permission.
Tiller Money is affiliated with over twenty thousand banks and financial institutions. Hence, when connected to your financial accounts, it gets permission to upload records/data of your financial activities to an excel or Google spreadsheet.
It presents this data to you in an easy-to-understand way, and it also sends a record of your daily transactions to your email.
Tiller money also categorizes your transactions, helps you create an effective budget, and tracks your debt payoff strategy.
Is Tiller Safe
Unlike other financial apps that sell customer data to third parties, Tiller Money is different. It uses 256-bit AES encryption to protect your financial data – 256-bit AES encryption is the most challenging and complex encryption to unravel.
In addition, Tiller can’t store or view your financial information since it uses Yodlee’s API to access your data. Yodlee is one of the most trusted APIs used by one-third of the largest banks in the United States.
Tiller also uses a two-step verification process that is built around Google. This verification process gives only you the ability to sign into your account.
Even when your financial data are pulled into a Google or Microsoft spreadsheet, they stay private and can’t Pbe viewed by anyone.
Money in Excel
Money in Excel is an add-in template for individuals who make use of Microsoft 365. This template connects to your financial accounts, imports your financial data, and helps you gain insight into your expenses, savings, and budgets.
To get started with Money in Excel, you must have a premium Microsoft 365 personal or family account. Visit the Money in Excel official webpage after logging into your Microsoft 365 account.
For the next step, download and install the “Money in Excel” template. Sign in afterward in order to connect the template to your Microsoft 365 account.
With your permission, Money in Excel will sync with your financial accounts and will present your financial data in charts and graphs.
According to Microsoft, Money in Excel will be discontinued on the 30th of June, 2023. You will no longer be able to view your financial data on the Money in Excel template.
YNAB Alternative Reddit
You Need A Budget (YNAB) is a budgeting software that enables you to set money goals, take charge of your expenses, and save money. However, there are lots of other software that offer similar services.
According to Reddit, here are the top five YNAB alternatives:
1. EveryDollar: This is a budgeting app that enables you to account for every dollar you earn. Its subscription costs $12.99 per month.
2. Mint: Mint provides you with a budgeting plan to help you stay in control of your financial life. It’s a free budgeting software that connects to your financial accounts and gives you meaningful financial health insights.
3. Quicken: This budgeting app is suitable for small businesses. Its business pricing plan comes with features like custom reports, constant management tools, loan tracking, asset management tool, tax support, customer support tool, and more.
4. Good Budgets: This budgeting app is compatible with Android and IOS devices. It has a free version, and it is suitable for beginners who want to develop a good spending habit.
5. PocketSmith: PocketSmith is a money management software that syncs with your bank accounts. It enables you to efficiently manage your personal finances. PocketSmith pricing plan starts at $7.50 per month.
What is Comparable to YNAB?
You Need A Budget (YNAB) is one of the best envelope budgeting apps in the market. It costs $8.25 per month when you subscribe annually
If you are in need of a budgeting app that’s comparable to YNAB, here are a few:
- Personal Capital
- Pocket Guard
- Tiller Money
- Qube Money
- Money Dance
- Good Budget
How Secure is Tiller Money?
Tiller Money comes with one of the best site security. It uses 256-bit AES encryption to protect your financial data when it is in transit. This means that neither Google sheets nor Microsoft excel can access your financial data.
Tiller Money also uses Yodlee API – an API that allows Tiller to access your linked accounts credentials securely. When Tiller accesses your account, the process is encrypted, which means that Tiller Money can’t store or view your information.
When your financial information is transferred to Google Sheets or Microsoft Excel, the private feature gets turned on. However, you can choose to share your information with close friends or accountants with the collaboration feature in Google sheets.
Is There a Free Version of You Need a Budget?
You Need A Budget (YNAB) does not have a free forever version. However, you can access the YNAB for 34 days without paying a fee.
The 34-day free trial period offered by YNAB allows you to access all the tools and features provided by YNAB without commitment.
After your free trial on YNAB, you can choose to subscribe to the YNAB premium plan, which costs $14.99 per month if you choose a monthly plan and $8.25 per month when you subscribe to an annual plan.
The annual plan allows you to save $80.
What’s Better, Mint or YNAB?
Mint and You Need A Budget (YNAB) are two of the best budgeting apps in the market. Although they offer a similar function, they both come with unique features.
This unique feature makes it difficult to point out which one of them is better than the other. This decision can be decided based on the preference of an individual.
YNAB is a paid app that allows you to manage your finances and plan for the future. Although it is easy to set up and use, beginners will find it challenging to get used to the budgeting process.
Mint, on the other hand, is a free-to-use budgeting application. There are no premium versions; however, it comes with ads. Mint comes with beginner-friendly features, and it categorizes your financial data in order to give you meaningful insight into your financial life.
Is YNAB Overpriced?
You Need A Budget YNAB costs $8.25 per month when you subscribe to an annual plan and $14.99 per month when you subscribe monthly. This amount is worth the value of service you get to receive from YNABwith
If you’re worried about it being overpriced, here’s a price list of budgeting apps that are comparable to YNAB.
- Mint – Free (No premium plan available)
- PocketSmith – Offers three subscription plans, but its pricing plan starts at $7.50 per month when paid annually.
- Tiller Money – Offers a 30-day free trial period and costs $6.58 per month.
- Qube Money – Comes with a free forever plan. The premium plan starts at $8 per month.
- EveryDollar – Comes with a 14-day free trial and costs $12.99 per month
- Good Budget – Offers a free forever version. The paid plan costs $7 per month.
Is YNAB Better Than Every Dollar?
YNAB and EveryDollar are budgeting apps that keep track of your finances and help you to create effective budgets.
They are both unique in their own sense. EveryDollar is great for beginners who need a simple budgeting app to keep them on track with their finances. Its tools are easy to use and beginners friendly.
You Need A Budget (YNAB), on the other hand, offers a more advanced tools and features. It’s suitable for professionals who are intentional about their finances.
In terms of pricing, EveryDollar is better. EveryDollar costs $12.99 per month, while YNAB costs $14.99 when you subscribe to a monthly plan.
Frequently Asked Questions
Is Tiller Better Than Mint?
No! Tiller Money is not better than Mint. Tiller Money is a premium budgeting app, while Mint is a free budgeting app. The tools and features offered in a paid app cannot be compared to that provided in a free app.
Nevertheless, they are two of the best budgeting apps.
How Much Does Tiller Budget Cost?
Tiller Money costs $79 annually and $6.58 per month. It also offers a 30-day free trial period that allows you to test the waters before subscribing to a paid plan.