I use YNAB. I thought about building my own now that AI coding make this feasible. But the moat that I can't cross is the integration with my bank accounts. Plaid and the like are too expensive and don't cater to one-off users like me.
Has anyone been able to find a personal financial data provider that has a reasonable price?
As a few others have said Plaid is actually rather cheap if you only have a handful of accounts. I created my own personal finance tracker when Intuit Mint shut down and Plaid costs me $1.80 per month for all my linked accounts which feels very reasonable to me
Check out Lunch Flow, that's the exact reason I built this :) we Aggregate multiple providers behind a simple api for global coverage, and with a pricing friendly to individuals not businesses.
Plaid has a pay-as-you-go option that's only about $2/month for this use case. (I believe the current rack rate PAYG pricing is 30 cents per month per connected bank login).
The privacy angle is interesting. I'm curious how people view the pricing strategy of taking a one-time payment for lifetime access. My first thought was that it encourages the developer to focus more on recruiting new users rather than keeping existing ones happy - makes me wonder what will become of the product if new user growth stalls.
Really strong effort. A lot of useful features that I'm looking for in budgeting apps. You've obviously gone for a privacy feature as its selling point but how is the encryption different to anything else? Surely every finance app has a strong encryption?
22 comments
Has anyone been able to find a personal financial data provider that has a reasonable price?
I haven't done it at first because
(1) they all have monthly / yearly costs and I wanted a flat fee;
(2) I can't update the account without the user having logged in because of how the encryption works.
> I've been dogfooding it for the past 10 days
Must be ready to go then
Monetizing this is going to be challenging.