Comment by lenerdenator | Hacker News Reader

Comment by lenerdenator | Hacker News Reader

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That's not particularly out-of-line for budgeting software, at least if it keeps your data private.

But yeah, trial would be nice.

I still sort of hope for a good FOSS budgeting software for Apple's devices but I'm currently using Copilot (not the AI front-end) and like it so far.

EDIT:

I would say the issue with budgeting software is that overall it's not going to be something that offers hockeystick growth for investors, because there's really only so much that business problem needs. I need a list of accounts with fresh data imported from the financial institution's servers (securely), and a way to CRUD the transactions on that account in ways that make sense of the data. That's... it. There is no new frontier. It's 100% dull-as-dishwater, boring-but-necessary responsible adult stuff. Add in the part where more people would like you not to sell their financial info or advertise a slate of financial services to them, and really you just don't have a lot of revenue opportunities.

There's been Manage Your Money, Microsoft Money... what else has been released then put to pasture?

I like the creativity of the new form factor.

My son and I are working on a spending journal which puts forth a new kind of form factor for tracking expenses. Our emphasis is less on the accounting angle and more on the behavioral side. We use the journal for self-evaluation of individual spending decisions and as a tool to communicate spending intent within our household. It turns out that between myself, my wife and our teens... not everyone naturally geeks out with spreadsheets, and this collaborative journal has been a decent middle ground to coordinate spending.

That's a good way to teach kid the psychology of finances. Good luck Dlarsen! Keep innovating :D

> fresh data

Good luck with that.

I should specify, "fresh within the definition used by bankers", which means anything that happens over the weekend could post when business opens on Monday.

It really is amazing how we retain the bankers holidays and business hours from the pre-computer era. People constantly use money these days and if you want to deal with a real human being or get data posted in a reasonable amount of time, we still act like it's 1950.

That's because lots of banking is still fairly manual, and clearing takes 2-3 days in the United States. FedNow should help, but ACH still reigns, and transactions still take time. Ask Congress and the banks why things are still so slow.

Wasn't Check21 supposed to alleviate some of that?

Or, at least, that was "the new thing" when I worked as a bank teller for a summer job 15 years ago. I vaguely remember it being promised as a way to make transactions faster.

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