Neontra 4+

The app starts strong with a user-friendly setup and visually appealing financial tools like net worth graphs and balance sheets. However, it's not without glitches. I've been logged out unexpectedly, encountered unresponsive help buttons, and faced issues with mislabeled financial entries. Despite these setbacks, I see great potential, especially with enhancements to the UI and navigation in future updates. A solid choice for those keen on managing their finances.

I find the app a little difficult to navigate, but I’m sure I’ll get used to it. It seems pretty good so far. However when categorizing transactions, if there is a positive transaction (ie a refund or money transfer received) in your account you are limited to only a few options. So for example, if I buy something and then return it, I can’t use the same categorization for both transactions to effectively cancel out the balance. The app is useless to me until this changes. It’s also counting my mortgage as an asset and adding it to my net worth. That’s a big problem. *Edit: I realized the limited categories is only on the app. Online you have full access. Still needs to be fixed. *Edit2: Fixed the mortgage as a liability by manually adding an interest rate using a web browser.

Neontra has an app but also a browser version, that has more functionality. I am giving it 4 stars because it meets all my basic needs, and I actually like the budgeting functionality, but I’ll mention a few things that don’t work for me:

- I have managed to sync it with BMO, TD, and Scotia, but NOT a credit union and NOT to my investment accounts. I do a simple balance update on my investment accounts once per month, I can’t be bothered to input individual stocks and I don’t see any benefits to doing so.

-I have a pre-tax employer matched savings account, and the best solution I can find is manually change my investment account balance every month, but this doesn’t reflect in the “savings” category of my budget. I like to be able to know I am saving a certain percentage of my income each month.

-I imported 2 years worth of data but then had to manually go through (easiest to do on the browser version) and mark all transfers between my accounts as transfers, not income and expenses.

-I have not been able to figure out the “goal” function, or why I should use “goal contribution” vs “savings” as a category.

-The forecasting function doesn’t work for someone like me that has fluctuating income and expenses. This makes all of the “insight” and “health check” functions produce whacky predictions. I wish there was a way to turn this off, or toggle it to historical instead of forecast.

-similarly the “neos” are totally weird and not applicable. For instance I have one that says “cannabis sector stock holdings are 22.9% of your holdings” and I don’t own a single cannabis stock.