YNAB suits people who budget in one currency, want direct bank import in the US, Canada or one of 18 European countries, or need Android or Apple Watch. Welfi suits people whose money sits in more than one currency, who prefer importing statements to linking a bank, or who want Arabic or French. Both offer a free trial with no card, so you can try them side by side.
Welfi and YNAB at a glance
| Feature | Welfi | YNAB |
|---|---|---|
| Price | Core USD 3.99/month or USD 29.99/year. Premium USD 4.99/month or USD 39.99/year. | USD 14.99/month or USD 109/year. |
| Free trial | 14 days, no card. | 34 days, no card when you sign up directly with YNAB. |
| Platforms | Web and iPhone. No Android app yet. | Web, iPhone, iPad, Android and Apple Watch. |
| Accounts in different currencies | Yes. Each account keeps its own currency, with automatic or per-transaction exchange rates. | One currency per plan. YNAB suggests a separate plan for each currency. |
| One net worth across currencies | Yes, shown in any base currency you choose. | No combined view across plans. |
| Bank connection | Never needed. You import statements instead. | Optional. Direct import in the US, Canada and 18 European countries (select banks). |
| Statement import formats | PDF, CSV and Excel from any bank, including Arabic statements. | CSV, OFX, QFX and QIF. |
| Gold tracking | Physical gold by gram, ounce or kilo at the live spot price. | No gold asset type. A tracking account with a balance you enter by hand. |
| Languages | English, Arabic and French, with full right-to-left. | English (US App Store listing). |
What YNAB does well
- It teaches a clear, proven method: zero-based budgeting where you give every dollar a job, backed by strong learning content. Its 34-day trial needs no card when you sign up directly.
- It works fully without a bank link. You can enter transactions by hand or import CSV, OFX, QFX and QIF files, and direct import is available in the US, Canada and 18 European countries.
- It runs on web, iPhone, iPad, Android and Apple Watch with real-time sync, so a partner can share one plan.
Where Welfi is different
Every account in its own currency
A EUR account stays in EUR and a USD account stays in USD. Welfi applies exchange rates automatically, or you can set the rate on a single transaction.
One net worth, any base currency
All accounts add up into one net worth. Switch the whole dashboard to another base currency whenever you like.
Statements in, no bank link
Import any bank's PDF, CSV or Excel statement, including Arabic statements. Welfi categorises the transactions and skips duplicates.
Gold and real assets
Track physical gold by gram, ounce or kilo at the live spot price, next to property, cars, investments, crypto and liabilities.
Moving from YNAB to Welfi
- Download recent statements from each of your banks as PDF, CSV or Excel files.
- If you also want your YNAB history, check YNAB's help centre for its current export options.
- Start your Welfi trial, add each account in its real currency, and import your statements. Welfi categorises them and skips duplicates.
- Choose your base currency. You can switch the whole dashboard to another one at any time.
- Set up your envelopes and assign money from Ready to Assign. If you used YNAB, the idea will feel familiar.
Try Welfi alongside YNAB
Start a 14-day free trial, no card needed. Import a statement, add your accounts in their own currencies, and see one net worth.
Start your free trial14 days free · No card · No bank connection
Common questions
Does Welfi use envelope budgeting like YNAB?
Does YNAB support multiple currencies?
Does Welfi connect to my bank?
Is Welfi available on Android?
YNAB details were checked on 13 October 2026 from YNAB's own website, help centre and App Store listing, and prices and features can change.