Software Alternatives & Reviews

Sumio App VS YouNeedABudget

Compare Sumio App VS YouNeedABudget and see what are their differences

Sumio App logo Sumio App

Sumio is an easy-to-use and comfortable app for keeping track of your wealth with up-to-date market data for stocks, ETFs, and crypto-assets. It protects your privacy and includes a range of automation and visualization features.

YouNeedABudget logo YouNeedABudget

Personal home budget software built with Four Simple Rules to help you quickly gain control of your money, get out of debt, and reach your financial goals!
  • Sumio App Landing page
    Landing page //
    2021-12-14

Sumio provides an overall picture of your financial standing. Download Sumio and get a complete picture of your assets and liabilities. Sumio helps you organize and track the value of your assets and liabilities, including your investments. It's designed to protect your privacy and security without requiring registration or any connection to your banking accounts. Use Sumio to calculate your Net Worth and keep track of your wealth. Get automatic market value updates for stocks, ETFs, and crypto-assets. Sumio is easy to use, just like your contacts app.

  • YouNeedABudget Landing page
    Landing page //
    2023-01-06

Sumio App features and specs

  • Net Worth Calculation: Yes
  • Wealth Tracking: Yes
  • Stocks Tracking: Yes
  • Crypto Tracking: Yes
  • Absolute Privacy: Yes
  • Financial Dashboard: Yes
  • Personal Balance Sheet: Yes
  • Market Data: Yes
  • Automation: Yes
  • Visualizations: Yes
  • Watchlist: Yes

YouNeedABudget features and specs

No features have been listed yet.

Sumio App videos

Introducing Sumio: Net Worth Tracker App

YouNeedABudget videos

Beginners guide

Category Popularity

0-100% (relative to Sumio App and YouNeedABudget)
Cryptocurrencies
100 100%
0% 0
Personal Finance
2 2%
98% 98
Finance
8 8%
92% 92
Financial Planner
0 0%
100% 100

Questions and Answers

As answered by people managing Sumio App and YouNeedABudget.

Which are the primary technologies used for building your product?

Sumio App's answer

Flutter, Dart, Google Cloud.

What makes your product unique?

Sumio App's answer

Essential financial metrics are automatically calculated – Net Worth, Total Assets, Total Liabilities. Multi-Currency – 100+ world currencies with automatic conversion to the default currency of your choice. Market Data – Automatic market value updates for stocks, ETFs, cryptocurrencies, precious metals, and other equities from U.S. and global markets. Backup & Sync – Back up and restore your data using your cloud storage account (Apple iCloud or Google). Privacy and Security – Privacy-first and secure from the get-go. You have complete control over your data. Security Lock – Secure access to Sumio with your Passcode, Face ID, or Touch ID. Custom Categories – Create your own categories for assets and liabilities. Visualisations – Clear and concise charts to easily evaluate your financial standing. Watchlist – Monitor the market value of stocks and crypto from the US and global exchanges. Gains & Losses – An overview of market value changes over time for your investments. Allocation – Charts illustrating the proportional distribution of your assets and liabilities.

Why should a person choose your product over its competitors?

Sumio App's answer

Privacy-first and easy-to-use mobile app for managing money.

How would you describe your primary audience?

Sumio App's answer

DIY investors and anyone who wants to take control of their money.

What's the story behind your product?

Sumio App's answer

Independent dev team on a mission to develop privacy focused apps for financial planning.

Who are some of the biggest customers of your product?

Sumio App's answer

Every user of Sumio is big. We appreciate anyone who is using our app.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Sumio App and YouNeedABudget

Sumio App Reviews

We have no reviews of Sumio App yet.
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YouNeedABudget Reviews

Best 9 Personal Finance Software For Windows 11, 10 Free PC, Surface Pro
Ynab stands for You Need a Budget is a personal finance cum budgeting app designed for Windows users. The software is designed to work with Windows’ latest computer system i.e. Windows 11. It comes with basic money management features and also supports cross-platform i.e. Mac and mobile operating systems- Android and iOS.
Best personal finance software of 2024
YNAB's primary mission, as you might expect, is to help you curb overspending and avoid living from paycheck to paycheck. Stick to the program, temper your spending appropriately, and eventually YNAB will see you spending last month's money rather than that which you've just earned.
11 Best Quicken Alternatives in 2021 (#1 is Free)
One of YNAB’s core principles is to give every dollar a job. You do that by deciding how you’ll spend every dollar that enters your checking account. As with other tools, you can connect your bank accounts and credit cards to YNAB. This allows for real-time updates so that you can track your spending throughout the month.
Source: robberger.com
The Best Personal Finance Budget Software with Apps (In 2020)
YNAB believes that in order to successfully budget, you need to be hands-on with your money. Until the version released in December 2015, users had to manually enter all transactions–although the program and its companion apps for iPhone, iPad, and Android devices made this very easy. This also means that YNAB is one of the few programs that easily allows users to track cash...
Source: ptmoney.com
Top 15 Budget Apps to Make Your Personal Finance Goals Easy
I love YNAB and Personal Capital. I still use the old version of YNAB as I paid a one time fee for it (as I refuse to pay for subscriptions – yes, I’m cheap). As for Personal Capital, it’s a nice way to view only our investment and retirement accounts, and I love how it tracks contributions and fees.

Social recommendations and mentions

Based on our record, YouNeedABudget seems to be a lot more popular than Sumio App. While we know about 55 links to YouNeedABudget, we've tracked only 1 mention of Sumio App. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Sumio App mentions (1)

YouNeedABudget mentions (55)

  • Is $250 a month in disposable income livable for a family of 3?
    You'll be going into a tight budget time, so get a really good system in place. If you don't have that you love already, I recommend YNAB (youneedabudget.com). It's envelope based and is really good for planning ahead for irregular expenses and for "rolling with the punches" if something comes up. It works differently than traditional monthly budget, so take time to use all the resources to learn the system. ... Source: 11 months ago
  • LPT Request: What is your favorite life hack that has saved you money, time, or made your day-to-day activities easier?
    I also said in a comment below, I use YNAB to track my financial life. This strategy only works if you have enough confidence in your finances to know that if I gave you a card with 100k credit limit, you would never spend more on it than what you have in your bank and has been budgeted for. If not, I cannot overstate how important it is to get your budget in order beforehand. There’s zero money saved if you pay... Source: 11 months ago
  • Fund future vacations
    If you aren’t already giving every dollar you make a job, earning more money will only get you so far. Check out YNAB, read all the free content about learning to plan and budget. Source: 12 months ago
  • Tracking savings goals
    Track it by hand or in software. I started out with just a spreadsheet, but since then moved my whole budget to YNAB (youneedabudget.com), where you track all your individual savings goals as well as how your money will be used to cover regular (and irregular) expenses. Now the whole plan is in one place, and covers everything from how much is set aside for gardening supplies for this summer to the big... Source: about 1 year ago
  • My grandfather passed away and left me 25k. I have next to no savings and I owe money on a couple credit cards and a car. Almost 40, how do I maximize this?
    Aside from all the other advice, get a subscription to YNAB (youneedabudget.com) and start using it religiously. It will help prevent any backsliding and will put you in a much better financial situation going forward. Source: about 1 year ago
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What are some alternatives?

When comparing Sumio App and YouNeedABudget, you can also consider the following products

Kubera - Protect your wealth

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.

Finary - Track your net worth in real-time

GnuCash - A personal and small-business financial-accounting software, licensed under GNU/GPL and available for Linux, Windows, Mac OS X, BSD, and Solaris.

Delta App - An extension to the best crypto portfolio tracker on mobile.

HomeBank - Access Financial Services. Easy, fee-free banking for entrepreneurs Get the financial tools and insights to start, build, and grow your business.