Wallet by BudgetBakers vs YNAB
Wallet by BudgetBakers
web.budgetbakers.com
YNAB
ynab.comSide by side
| Figure | Wallet by BudgetBakers | YNAB |
|---|---|---|
| Price from | Free | $9.08/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 4 | 7 |
| Spec score · Personal Finance Software | 8.8 (#10) | 9.4 (#3) |
| Account sync | both | both |
| Bill tracking | Yes | Yes |
| Budgeting tools | Yes | Yes |
| Founded | 2014 | 2004 |
| Free plan | Yes | No |
| Headquarters | Prague, Czech Republic | Lehi, Utah, USA |
| Integrations | Wallet offers MCP connections for AI assistants and a REST API for tools such as Excel and Power BI. | YNAB provides a REST JSON API over HTTPS, and its Zapier integration connects YNAB with more than 1,500 apps. |
| Mobile apps | both | both |
| Net-worth tracking | Yes | Yes |
| Report export | Yes | Yes |
| Security | BudgetBakers states it is ISO 27001 certified, PCI DSS compliant, and PSD2 licensed, and that bank access is read-only. | YNAB uses encryption in transit and at rest, restricted monitored access, code scanning, and infrastructure testing. |
Plans
Wallet by BudgetBakers
- FreeFree
- Premium LifetimePrice not published
- Premium MonthlyPrice not published
- Premium YearlyPrice not published
YNAB
- Annual Plan$9.08 a month
- Annual Plan$109 a year
- Monthly Plan$14.99 a month
- Monthly Plan$14.99 a month
- Annual Plan$109 a year
- College ProgramFree
- Free TrialFree
In their own words
Wallet by BudgetBakers
Wallet by BudgetBakers is a personal finance tracking and budgeting tool for Android, iOS, and web. It is not a bank and does not hold funds, send payments, or withdraw cash. Users can set category spending limits, receive overspending alerts, use AI-powered category assignment, and choose among multiple budget types. Wallet says it connects to over 15,000 financial institutions for transaction syncing and balance updates. It supports multiple currencies with automatic exchange-rate calculations, and imports historical records in CSV, XLS, or OFX formats. The mobile app lists real-time notifications, quick expense entry, receipt scanning, and offline mode. The web app lists analytics, bulk operations, report export, and multi-tab support. Premium includes Group Sharing for household expenses and savings goals, with control over shared accounts; its REST API provides access to transactions, accounts, budgets, and goals. BudgetBakers says bank access is read-only, and describes GDPR compliance and a right to data deletion. Wallet has a free plan, and a free trial is listed.
YNAB
YNAB is a budgeting service for web, Android, and iOS, with an API. Its method asks users to assign each dollar a purpose, supported by budgeting tools, bill tracking, net-worth reports, savings targets, and an integrated loan calculator. Users can link accounts to import transactions automatically from select banks in the US, Canada, UK, and EU; file-based import is available outside those areas. Balances, priorities, goals, and transactions sync across devices in real time. A spending plan can use a selected currency, but cannot mix currencies. YNAB offers a 34-day trial without a credit card when signing up directly, and does not charge unless users subscribe afterward. The annual plan costs $109 USD paid annually, or $9.08 per month before applicable tax; monthly billing costs $14.99 a month before applicable tax. College students with proof of enrollment can get a 365-day trial, and one subscription can be shared with up to six people. YNAB says it does not sell user data and keeps the app ad-free.