Howdy Logo
Glossary Hero image

The Howdy Glossary

Search terms in Glossary

You Need A Budget (Ynab)

You Need A Budget (YNAB) is a budgeting software that helps users track their income and expenses. It follows the principle of "giving every dollar a job," which means assigning each dollar you earn to a specific spending area or savings goal. YNAB's platform includes tools for setting up monthly budgets, linking bank accounts to automatically import transactions for categorization, and offering reports on spending habits. The software provides financial insights and helps users work towards reaching long-term financial goals by promoting proactive money management rather than reactive tracking of expenditures.