Billy Kirwin

Feb 052018

For the past three years, I’ve used Moneywell, YNAB, and Banktivity to manage my finances. I generally input my entries as they occur through each applications mobile app, and then tighten things up on the computer. Since Moneywell seems to have the best ledger of the three apps (it’s real easy to find things), I do my ledger entries here then export them and import the entries to the other two apps.

Moneywell’s mobile app is now useless as of 2/1/18. I spent a good hour or so attempting to troubleshoot this when I eventually stumbled upon this blog entry dated 2/3/18: MoneyWell Sync and Dropbox

For me, this is a total dealbreaker. For the time being, I’ll use the desktop application, but ultimately, I may turn my attention to Banktivity 6. Banktivity has a great ledger, good reports and the budgeting is not too bad. However, YNAB’s budgeting is slightly better, especially where the mobile app reminds you what’s left per category while you’re actively spending and entering the expense in the mobile app.

I’ve begun to evaluate iFinance 4.4 as well, but it will take some time to adjust all the imported data, correcting all the transfers to make the ledger right. Only seven years worth of data, so probably the better part of an afternoon. So far, this app seems less refined that the others, but the price point is also 1/4 the cost of Banktivity, so it only makes sense.

Moneywell budgeting is terrible, and the reports are pretty much worthless, so if I decide to dump it, I’ll only miss the ledger. It’s real easy to find things in the ledger! Curse you Dropbox API!