Penny

Finance and crypto

personal finance tracking

SHOW HN2016

89points
85comments
#428of 2,264 in 2016
Top 19%of 2016 by points

How HN took it

CuriousMostly questions and neutral comments

6 positive, 21 neutral or asking, 2 mixed, 12 critical, out of 41 comments about the project. Thread score -0.11.

Idea: 4 for, 2 againstPrivacy: 1 for, 4 againstDesign: 0 for, 4 againstPricing: 0 for, 1 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Good UX and design

    From 1 comment
    • This looks great, really good UX/UI from a first glance. My bank has a pretty modern banking app, so some of the features (like spending graphs) are familiar to me (though not as…
      dkyc on HN
  • Useful concept for tracking spending

    From 1 comment
    • Looks useful and neat, but remember kids: if you're not paying for it, you're the product. Some of their competition: http://linxo.com (used it for 5 years now),…
      david_p on HN

Objections

  • Privacy policy and credential handling concerns

    From 3 comments
    • Are you serious!? Every Paragraph in their Privacy section reads like: "We totally won't collect your data; and definetly won't store them, BUT we kind of do something similar…
      peterfile on HN
    • "and you hereby appoint Penny as your true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for you and in your name, place and stead,…
      cosinetau on HN
    • My main concern in using sites like this is that they'll leak my banking credentials. Mint uses Intuit's service for communicating with financial institutions, which is also used…
      curun1r on HN
  • Unclear who is behind the project

    From 1 comment
    • The utter lack of information about who is behind this ("Industry Veterans" -- who?) makes me exceedingly reluctant to trust this. It's an iPhone app, so there's a minimal level…
      rdl on HN
  • Does not handle cash transactions well

    From 2 comments
    • Does it know what category to put something in if I use cash? From my experience tracking what I spend, it's those transactions that I actually need to keep track of if I'm going…
      onion2k on HN
    • This looks great, really good UX/UI from a first glance. My bank has a pretty modern banking app, so some of the features (like spending graphs) are familiar to me (though not as…
      dkyc on HN
  • Chat interface is cumbersome

    From 2 comments
    • I'm not really into the simulated live chat interface. It'd be a lot easier to click a button that said "Your spending" than to type out "Please show me my monthly spending Mr.…
      cookiecaper on HN
    • This relies on you actually remembering the text commands though, as opposed to just seeing the different buttons and taping whichever one you care about.
      largote on HN

Requests

  • Availability outside the US App Store

    From 4 comments
    • Any chance when this shall be available outside of the US App Store?
      jasdeepsingh on HN
    • Love the idea. I wish I could use it (I'm Canadian).
      amackera on HN
    • please roll out to EU. Thanks
      rekshaw on HN
    • Are you looking to expand into the UK any time soon? I would be interested in using it.
      cs0 on HN
  • Website version, not only app

    From 1 comment
    • I rather use a website over my phone to track my expenses. Having an app is great, but a website is the topmost priority to have.
      donretag on HN
  • Support for Venmo and Square Cash

    From 1 comment
    • I just signed up for this. It looks pretty cool. Can this connect to Venmo? Square cash? Or similar systems? That would be neat.
      tryitnow on HN

Questions

  • Which banks and account types are supported

    From 1 comment
    • Although it looks great, I still have no idea if it supports different types of accounts (loans, banks, etc.) or even if it supports my bank. Looking around I don't see a list of…
      dvcc on HN
  • What the bank-grade security claim means

    From 1 comment
    • "Bank-grade security" What does that mean to you? Just an SSL cert of XXXX-bits?
      jwineinger on HN

Alternatives named

  • Mint

    From 2 comments
    • Why would I migrate from Mint to this?
      largote on HN
    • I totally disagree about Mint. I have accounts across so many different services (bank, credit cards, loans, investments) and it saves me so much time because I only have to log…
      fibbery on HN
  • YNAB

    From 1 comment
    • "Where did my money go" budgeting has never worked for me. I've been way more successful with planning ahead every $ of income as I get it and then manually tracking expenses.…
      bvanslyke on HN
  • PocketSmith

    From 1 comment
    • I had the same issues with Mint, it was always broken, always giving back unreadable account errors, always missing stuff in searches, never applying tags properly (and no mass…
      cookiecaper on HN
  • Linxo and Bankin

    From 1 comment
    • Looks useful and neat, but remember kids: if you're not paying for it, you're the product. Some of their competition: http://linxo.com (used it for 5 years now),…
      david_p on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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