I use YNAB but I'm compelled to give this a try. I love the simplicity and I enjoy the transparency behind the product's development (not that it makes a difference while budgeting, but I'm a sucker for a personal touch). Really cool, I'm stoked to see how the trial goes. Thanks for sharing Jen. Keep up the great work.
6 months in and $1k MRR: my biggest mistakes so far
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I've tried YNAB and use Mint alongside Lunch Money and I'm super sold. I started using it when she first launched on HN and have been in love with it so far because it's super speedy and not as manual as YNAB. The way she handles recurring expenses is what made it for me. I set a task in my todo app to reconcile my transactions every day (usually only happens every week).
Re: 6 months in and $1k MRR: my biggest mistakes so far
#12The part about the lack of an app is a great insight, I think people do have a lot of fatigue around apps right now, and a really well done responsive page will work for most users.
Most of the features enabled by making an app are ones users are tired of: push notifications, mic/camera access, etc.
Re: 6 months in and $1k MRR: my biggest mistakes so far
#13Did you struggle in convincing people to share their account details with an unknown startup? What if you are fraudster and not a real company?
Re: 6 months in and $1k MRR: my biggest mistakes so far
#14It would be great if you could add an RSS feed to the blog.
Re: 6 months in and $1k MRR: my biggest mistakes so far
#15[deleted]
Re: 6 months in and $1k MRR: my biggest mistakes so far
#16This looks great and I'm inclined to give it a try. But do you have a privacy policy? I try to avoid services that sit between me and my financial institutions, as I worry they're building analytics off my spending patterns and selling it to third parties.
Re: 6 months in and $1k MRR: my biggest mistakes so far
#17"A $5 monthly membership adds up to $72 per year."
Nope. Might want to fix that.
Re: 6 months in and $1k MRR: my biggest mistakes so far
#18Thanks for sharing! I've been using Lunch Money for a couple months and really like it.
Re: 6 months in and $1k MRR: my biggest mistakes so far
#19This was super interesting! The design really helped as well. I liked this one: "Lesson learned: People care about the narrative behind your product, so don't be afraid to tell your story!" As someone who finds new things on HN all the time, I always check the "about" page, especially if it's something that isn't free. I'm surprised at how often the "About Us" isn't actually "About Anyone", there's no names, it's all…
Related to this: I wonder if the days of founders naming their companies after their own (family) names are ever coming back. There’s something wholesome about it and it inspires confidence. Who is more trustworthy: someone attaching their name to their business, or someone who hides behind WeeBlee or BlooBloo or whatever it is they came up with?
Re: 6 months in and $1k MRR: my biggest mistakes so far
#20"A $5 monthly membership adds up to $72 per year." Nope. Might want to fix that. https://lunchmoney.app/features/recurring
I don't even understand how you could get a number not ending in 5 or 0 and think it's remotely correct...