You Need A Budget: Difference between revisions

(5 intermediate revisions by 2 users not shown)

Line 1:

~~{{Stub}}~~

{{CompanyCargo

|Founded=2004

Line 9:

|CompanyAlias=YNAB}}

Founded in 2004 by Jesse Mecham, '''You Need A Budget (YNAB)''' is ~~an online SaaS~~ company that provides personal budgeting software ~~that follows an~~ envelope methodology.

Founded in 2004 by Jesse Mecham, '''You Need A Budget (YNAB)''' is a financial software company that provides cloud-based personal budgeting software following the envelope methodology.

YNAB built its namesake software from an Excel spreadsheet for sale in 2004 into licensed releases, the last of which was "YNAB 4," for which support was discontinued in 2019.<ref name="timeline-ynab">{{Cite web |author= |title=Timeline <nowiki>|</nowiki> YNAB |url=https://www.ynab.com/about-us/timeline |website=[[YNAB]] |date= |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416033503/https://www.ynab.com/about-us/timeline |archive-date=16 Apr 2026}}</ref><ref name="ynab-4-support-ends">{{Cite web |author= |title=YNAB 4 Support Ends October 2019 |url=https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |website=[[YNAB]] |date=11 Sep 2019 |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034125/https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |archive-date=16 Apr 2026}}</ref> With the release of "nYNAB" in December 2015, the company pivoted to a [[Software as a service|SaaS]] business model.<ref>{{Cite web |author= |title=The New YNAB Business Model |url=https://www.ynab.com/blog/the-new-ynab-business-model |website=[[YNAB]] |date= |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034644/https://www.ynab.com/blog/the-new-ynab-business-model |archive-date=16 Apr 2026}}</ref>

==Consumer impact summary==

===User Freedom===

In order to use YNAB's service, users must agree to the YNAB [[Terms of Service]]<ref name="terms-of-service">{{Cite web |date=2026-04-09 |title=YNAB Terms of Service |url=https://www.ynab.com/terms |url-status=live |archive-url=https://web.archive.org/web/20260415171655/https://www.ynab.com/terms |archive-date=2026-04-15 |access-date=2026-04-15 |website=You Need A Budget}}</ref>, which, as of April 9th, 2026, includes agreeing to a mandatory [[Forced arbitration|binding arbitration]] with [[Class action|class-action]] and jury trial waiver for any users not based in the UK, Switzerland or European Economic areas. The terms outline a 30-day period available to such users after agreement to opt out of losing this right by emailing the company at their legal support email address.

==Incidents==

Line 18:

Line 21:

===Forced arbitration clause update to ToS (''April 2026'')===

On April 9th, 2026, YNAB made updates to their [[Terms of Service]], which included a [[forced arbitration]] clause stipulating a 30-day window to opt out after accepting the terms by emailing YNAB's legal support email address.<ref~~>{{Cite web |date~~=~~2026~~-~~04-09 |title=YNAB Terms~~ of ~~Service |url=https://www.ynab.com/terms |url~~-~~status=live |archive-url=https://web.archive.org/web/20260415171655/https://www.ynab.com/terms |archive-date=2026-04-15 |access-date=2026-04-15 |website=You Need A Budget}}~~</ref> An email outlining the new changes was sent to existing users on the 13th, prompting some users to post and discuss the included arbitration notice on the "r/ynab" community forum on [[Reddit]]. The notice read:

On April 9th, 2026, YNAB made updates to their [[Terms of Service]], which included a [[forced arbitration]] clause stipulating a 30-day window to opt out after accepting the terms by emailing YNAB's legal support email address.<ref name="terms-of-service"></ref> An email outlining the new changes was sent to existing users on the 13th, prompting some users to post and discuss the included arbitration notice on the "r/ynab" community forum on [[Reddit]]. The notice read:

[[File:YNAB Email Forced Arbitration Section.webp|alt=YNAB Email's ToS update notice|thumb|YNAB Email's notice of mandatory arbitration update to ToS]]

<blockquote>'''Dispute resolution:''' In our Terms of Service, we're moving to arbitration for dispute resolution. This means if we ever have a legal disagreement, it would be resolved by a neutral arbitrator instead of a court or jury, and we'd each bring claims individually rather than as part of a class action. If you prefer to keep your right to go to court, you can opt out by emailing [email protected] within 30 days. Opting out won't affect your account or service in any way.<ref>{{Cite web |date=2026-04-13 |title=Gross, but typical changes to T's & C's |author=u/samebutanon |url=https://old.reddit.com/r/ynab/comments/1skkzeg/gross_but_typical_changes_to_ts_cs/ |url-status=live |archive-url=https://web.archive.org/web/20260415213053/https://old.reddit.com/r/ynab/comments/1skkzeg/gross_but_typical_changes_to_ts_cs/ |archive-date=2026-04-15 |access-date=2026-04-15 |website=Reddit}}</ref><ref>{{Cite web |date=2026-04-13 |title=Opt out of binding arbitration within next 30 days |author=u/discostu- |url=https://old.reddit.com/r/ynab/comments/1skm8yn/opt_out_of_binding_arbitration_within_next_30_days/ |archive-url=https://web.archive.org/web/20260415213135/https://old.reddit.com/r/ynab/comments/1skm8yn/opt_out_of_binding_arbitration_within_next_30_days/ |url-status=live |archive-date=2026-04-15 |access-date=2026-04-15 |website=Reddit}}</ref></blockquote>

Line 32:

Line 35:

*YNAB API

*YNAB Zapier integration

;Pre-nYNAB Apps<ref~~>{{Cite web |author= |title=Timeline <nowiki>|</nowiki> YNAB |url~~=~~https://www.ynab.com/about-us/~~timeline ~~|website=[[YNAB]] |date= |access~~-~~date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416033503/https://www.~~ynab~~.com/about-us/timeline |archive-date=16 Apr 2026}}~~</ref>

;Pre-nYNAB Apps<ref name="timeline-ynab"></ref>

*YNAB Excel spreadsheet (Sep 2004)

*YNAB Pro (Nov 2006)

*YNAB 3 (Dec 2009)

*YNAB 4 (Jun 2012 - Oct 2019)<ref~~>{{Cite web |author= |title=YNAB 4 Support Ends October 2019 |url~~=~~https://www.ynab.com/blog/~~ynab-4-support-will-end-october-2019 |website=[[YNAB]] |date=11 Sep 2019 |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034125/https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |archive-date=16 Apr 2026}}</ref>

*YNAB 4 (Jun 2012 - Oct 2019)<ref name="ynab-4-support-ends"></ref>

==See also==

@@ Line 1: / Line 1: @@
-{{Stub}}
 {{CompanyCargo
 |Founded=2004
@@ Line 9: / Line 9: @@
 |CompanyAlias=YNAB}}
-Founded in 2004 by Jesse Mecham, '''You Need A Budget (YNAB)''' is an online SaaS company that provides personal budgeting software that follows an envelope methodology.
+Founded in 2004 by Jesse Mecham, '''You Need A Budget (YNAB)''' is a financial software company that provides cloud-based personal budgeting software following the envelope methodology.
+YNAB built its namesake software from an Excel spreadsheet for sale in 2004 into licensed releases, the last of which was "YNAB 4," for which support was discontinued in 2019.<ref name="timeline-ynab">{{Cite web |author= |title=Timeline <nowiki>|</nowiki> YNAB |url=https://www.ynab.com/about-us/timeline |website=[[YNAB]] |date= |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416033503/https://www.ynab.com/about-us/timeline |archive-date=16 Apr 2026}}</ref><ref name="ynab-4-support-ends">{{Cite web |author= |title=YNAB 4 Support Ends October 2019 |url=https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |website=[[YNAB]] |date=11 Sep 2019 |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034125/https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |archive-date=16 Apr 2026}}</ref> With the release of "nYNAB" in December 2015, the company pivoted to a [[Software as a service|SaaS]] business model.<ref>{{Cite web |author= |title=The New YNAB Business Model |url=https://www.ynab.com/blog/the-new-ynab-business-model |website=[[YNAB]] |date= |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034644/https://www.ynab.com/blog/the-new-ynab-business-model |archive-date=16 Apr 2026}}</ref>
 ==Consumer impact summary==
-{{Ph-C-CIS}}
+===User Freedom===
+In order to use YNAB's service, users must agree to the YNAB [[Terms of Service]]<ref name="terms-of-service">{{Cite web |date=2026-04-09 |title=YNAB Terms of Service |url=https://www.ynab.com/terms |url-status=live |archive-url=https://web.archive.org/web/20260415171655/https://www.ynab.com/terms |archive-date=2026-04-15 |access-date=2026-04-15 |website=You Need A Budget}}</ref>, which, as of April 9th, 2026, includes agreeing to a mandatory [[Forced arbitration|binding arbitration]] with [[Class action|class-action]] and jury trial waiver for any users not based in the UK, Switzerland or European Economic areas. The terms outline a 30-day period available to such users after agreement to opt out of losing this right by emailing the company at their legal support email address.
 ==Incidents==
@@ Line 18: / Line 21: @@
 ===Forced arbitration clause update to ToS (''April 2026'')===
-On April 9th, 2026, YNAB made updates to their [[Terms of Service]], which included a [[forced arbitration]] clause stipulating a 30-day window to opt out after accepting the terms by emailing YNAB's legal support email address.<ref>{{Cite web |date=2026-04-09 |title=YNAB Terms of Service |url=https://www.ynab.com/terms |url-status=live |archive-url=https://web.archive.org/web/20260415171655/https://www.ynab.com/terms |archive-date=2026-04-15 |access-date=2026-04-15 |website=You Need A Budget}}</ref> An email outlining the new changes was sent to existing users on the 13th, prompting some users to post and discuss the included arbitration notice on the "r/ynab" community forum on [[Reddit]]. The notice read:
+On April 9th, 2026, YNAB made updates to their [[Terms of Service]], which included a [[forced arbitration]] clause stipulating a 30-day window to opt out after accepting the terms by emailing YNAB's legal support email address.<ref name="terms-of-service"></ref> An email outlining the new changes was sent to existing users on the 13th, prompting some users to post and discuss the included arbitration notice on the "r/ynab" community forum on [[Reddit]]. The notice read:
 [[File:YNAB Email Forced Arbitration Section.webp|alt=YNAB Email's ToS update notice|thumb|YNAB Email's notice of mandatory arbitration update to ToS]]
 <blockquote>'''Dispute resolution:''' In our Terms of Service, we're moving to arbitration for dispute resolution. This means if we ever have a legal disagreement, it would be resolved by a neutral arbitrator instead of a court or jury, and we'd each bring claims individually rather than as part of a class action. If you prefer to keep your right to go to court, you can opt out by emailing [email protected] within 30 days. Opting out won't affect your account or service in any way.<ref>{{Cite web |date=2026-04-13 |title=Gross, but typical changes to T's & C's |author=u/samebutanon |url=https://old.reddit.com/r/ynab/comments/1skkzeg/gross_but_typical_changes_to_ts_cs/ |url-status=live |archive-url=https://web.archive.org/web/20260415213053/https://old.reddit.com/r/ynab/comments/1skkzeg/gross_but_typical_changes_to_ts_cs/ |archive-date=2026-04-15 |access-date=2026-04-15 |website=Reddit}}</ref><ref>{{Cite web |date=2026-04-13 |title=Opt out of binding arbitration within next 30 days |author=u/discostu- |url=https://old.reddit.com/r/ynab/comments/1skm8yn/opt_out_of_binding_arbitration_within_next_30_days/ |archive-url=https://web.archive.org/web/20260415213135/https://old.reddit.com/r/ynab/comments/1skm8yn/opt_out_of_binding_arbitration_within_next_30_days/ |url-status=live |archive-date=2026-04-15 |access-date=2026-04-15 |website=Reddit}}</ref></blockquote>
@@ Line 32: / Line 35: @@
 *YNAB API
 *YNAB Zapier integration
-;Pre-nYNAB Apps<ref>{{Cite web |author= |title=Timeline <nowiki>|</nowiki> YNAB |url=https://www.ynab.com/about-us/timeline |website=[[YNAB]] |date= |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416033503/https://www.ynab.com/about-us/timeline |archive-date=16 Apr 2026}}</ref>
+;Pre-nYNAB Apps<ref name="timeline-ynab"></ref>
 *YNAB Excel spreadsheet (Sep 2004)
 *YNAB Pro (Nov 2006)
 *YNAB 3 (Dec 2009)
-*YNAB 4 (Jun 2012 - Oct 2019)<ref>{{Cite web |author= |title=YNAB 4 Support Ends October 2019 |url=https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |website=[[YNAB]] |date=11 Sep 2019 |access-date=16 Apr 2026 |url-status=live |archive-url=https://web.archive.org/web/20260416034125/https://www.ynab.com/blog/ynab-4-support-will-end-october-2019 |archive-date=16 Apr 2026}}</ref>
+*YNAB 4 (Jun 2012 - Oct 2019)<ref name="ynab-4-support-ends"></ref>
 ==See also==