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Show HN: Lunch Money, a personal budgeting tool with multi-currency support

lunchmoney.cc

41–50 of 135 posts

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#41
Sorry for the minor outage with connecting bank accounts. We're back live now :) Thanks everyone for the support, interest, and feedback! It's very much appreciated!

Also wanted to leave my email address in case anyone wants to reach out: jen@lunchbag.dev

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#43
This looks really cool! I'm not sure if I wanna register myself on this service yet so I haven't seen a lot of it but I'm curious: How is my transaction data imported? Are there APIs for that or do something else? (Sorry if this is explained somewhere on the site already.)

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#44
$3 per month or $29 per year for now.

Why should I use a service hosted by someone else for something this important? Not only will I (besides losing money) have to worry about not being able to access my data, but especially about somebody else accessing it.

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#45

This looks really cool! I'm not sure if I wanna register myself on this service yet so I haven't seen a lot of it but I'm curious: How is my transaction data imported? Are there APIs for that or do something else? (Sorry if this is explained somewhere on the site already.)

I use Plaid (https://plaid.com) which also powers many other financial apps.

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#46
post #38

I'm on the phone right now, it's not clear in the bit of the site I can see. But is it possible to run it on the desktop, entirely offline?

It's a web application, it won't do you much good if you're offline unfortunately. That being said, our mobile app will be optimized for offline usage!

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#47
post #26
post #21

I really like where this is going. It looks like a much more polished version of my own personal solution for this problem. The one thing I really dislike is the way transactions are brought into the system. I get that it's preferable to outsource that to entities that specialize in it, like Yodlee/Plaid/whatever, but when I get to that IFRAME asking me to enter my banking credentials... sorry, I just can't bring mys…

I hear you loud and clear. Allowing manual import of transactions via CSV is very high on our feature list! Using a service like Plaid to automatically import transactions was a great way to attract our first users and validate our product. Going forward, we definitely want to also support more ways of importing transactions.

Great to hear. I signed up to check it out but I'm also of the view that I can't give direct access to online banking credentials to third parties (at least in the US, you're liable for wire transfers that can be initiated from those credentials). A service that distinguished itself in that way would happily have my business.

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#48

YNAB user here - this looks great and I love new tools :) but what differentiates this from YNAB besides non-envelope budgeting method? also nice - the ability for a partner/spouse to collaborate on the same budget which is also a nice plus Lunch Money has if there is an "last edited" feature and collaboration as a 1st-class thing (YNAB is stubborn on this point)

I would say Lunch Money is totally different from YNAB. We tried to rethink most aspects of budgeting and came up with our own philosophy of how to best approach it. My target audience isn't YNAB'ers since I know most of them are fiercely loyal to the YNAB philosophy, which is totally okay :)

To your point about collaboration, we track who did what, but we don't go as far as having a complete edit history. It seems like a good idea though, I'll add that to our backlog. Thanks for the feedback!

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#49

This looks like what I for my own financials, only more done ;). I like the graphs, although I am confused by the example where you are under budget, but the line is still red.

Perhaps the red I used was a poor colour choice, but it's not red because you're under/over budget. Just needed a contrasting colour to show the two different lines! Feedback noted however, thanks for sharing!

Re: Show HN: Lunch Money, a personal budgeting tool with multi-currency support

#50
post #46
post #38

I'm on the phone right now, it's not clear in the bit of the site I can see. But is it possible to run it on the desktop, entirely offline?

It's a web application, it won't do you much good if you're offline unfortunately. That being said, our mobile app will be optimized for offline usage!

Thanks for clarifying. The main reason I ask is that I'm not too keen on sharing my banking data with yet another party. I'd give it a shot if I could use entirely offline, though.
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