MyWallet
A simpler, cheaper alternative to YNAB
YNAB (You Need A Budget) is a zero-based budgeting app that syncs with your bank and costs about US$14.99/month or US$109/year. MyWallet takes a different approach: no bank connection, expenses logged in seconds by voice, photo or Apple Pay, and a free plan, with Pro at US$4.99/month or US$39.99/year. It suits people who want to know where their money goes and what's left each month without learning a budgeting method.
YNAB vs MyWallet at a glance
| YNAB | MyWallet | |
|---|---|---|
| Price | About US$14.99/month or US$109/year (34-day free trial) | Free plan; Pro US$4.99/month or US$39.99/year (14-day free trial, no card) |
| Bank connection | Yes, syncs accounts (manual entry also possible) | None, ever |
| Budgeting style | Zero-based: give every dollar a job | Track spending and see what's left to save this month |
| Logging | Imports from your bank or manual entry | Say it, snap a receipt, Apple Pay Shortcut, Android bank notifications, or type |
| Couples | Shared budget on one subscription | Linked wallets: each keeps their own, one Pro covers both |
| Platforms | iOS, Android, web | Web app you add to your home screen (iPhone and Android) |
YNAB details as published by YNAB and recent reviews in 2026; check ynab.com for current pricing.
When YNAB is the better pick
If you want a strict zero-based method, automatic imports from your bank and detailed category planning, YNAB is excellent at that.
When MyWallet is the better pick
- You don't want to link your bank account to an app.
- You gave up on budgeting apps because the setup or the method felt like homework.
- You want logging to take seconds, by voice or photo, and a clear "left this month" number.
- You'd rather pay less, or nothing.
Questions
Is MyWallet free?
Yes, tracking expenses, income, categories and your savings forecast is free forever. Pro (US$4.99/month or US$39.99/year) adds AI capture, budgets and alerts, linked wallets and exports.
Can I move from YNAB to MyWallet?
Yes. Export your transactions from YNAB as CSV and import the file in MyWallet under Profile → Import expenses.