Buckets by the Loaf: Pricing for Everyone

Nov 8, 2021 • Matt

For some of you, a Buckets license costs more than an entire month’s salary! Paying so much for an application that’s designed to help you save money doesn’t make much sense.

To address this, we’re pleased to announce a small experiment we’ll be running over the next few months: Buckets by the Loaf.

Photo by Brooke Cagle on Unsplash

If you live in a country where the cost of living makes a Buckets License prohibitively expensive (and it’s one of the countries we support), you can order a Buckets License for the cost of about 20 loaves of bread. We’ll mail you a letter with a code you can redeem for your license.

Check out Buckets by the Loaf if you’d like to apply. While we know this isn’t a perfect solution, hopefully it puts Buckets within reach of more people.

UPDATE 2021-12-14: Here’s one site we’ve used as a reference for pricing: https://www.numbeo.com/cost-of-living/

Happy Budgeting!

— Matt

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Comments

Shane Michael mathews

lun. nov. 8, 2021 10:20

What a fantastically equitable solution. Well done.

水仙

lun. nov. 8, 2021 11:22

You're awesome. Thank you for saving us from the utter, nonsensical greed of YNAB. ♡

水仙

lun. nov. 8, 2021 11:23

Question: Why 20 loaves?

Matt

mar. nov. 9, 2021 1:59

水仙, We chose 20 because you can buy about that many loaves with $49 in the US (where we're based). It's not exact but 19 loaves seemed strange :)

Crispy

mar. nov. 9, 2021 4:58

Oh my god this is so precious. Matt, you’re a treasure to this world.

Prince Merluza

mar. nov. 9, 2021 9:46

We don't really do loaves of bread. Is is the same as cost of sliced bread?

Another Matt

mar. nov. 9, 2021 1:38

This is really clever. It reminds me of The Big Mac Index (https://www.economist.com/big-mac-index) that is used to estimate real inflation across the world, but it's more accessible as MacDonald's probably isn't in every country. Every country probably has bread though. I love that you not only considered this but implemented it and made it real.

Bob

mar. nov. 9, 2021 1:41

Normal Bread that weighs from 250-500g. That's the German definition, more or less, called "ein Laib Brot".

Andres

mar. nov. 9, 2021 7:05

Amazing!

Sam

mié. nov. 10, 2021 9:44

Hey Matt, you are awesome! I was hesitant of switching from YNAB after the the price hike. (the price hike was not a problem, its more the way they did it, and the way the company is becoming more corporate), but now I'm definitely doing it. Keep up the great work, and can't wait for the phone app to be released!

Tibzip

jue. nov. 11, 2021 5:08

Ahhh, the Big Mac Index! https://www.economist.com/big-mac-index

Neil Whyte

jue. nov. 11, 2021 8:01

Wow, what an incredible gesture. Well done! Though, now I want a Big Mac...

Qmanol

vie. nov. 19, 2021 8:43

Nice - I already jumped over from YNAB when they first went SaaS, and although I've missed a few conveniences that come with size, I've overall enjoyed the workflow of buckets better after a while - Rain particularly was already very close to how my workflow was in YNAB, with notes so that I remembered how much to allocate for each category, so just being able to push a single button to do it all is great.

Mike C

lun. nov. 29, 2021 2:51

Leaving ynab, just checking out your site. As others have said, get that mobile app up and running, but this budget by the loaf idea is a business who I wouldn't mind putting my money behind.

Mike C

lun. nov. 29, 2021 2:51

Leaving ynab, just checking out your site. As others have said, get that mobile app up and running, but this budget by the loaf idea is a business who I wouldn't mind putting my money behind.

amanda

mar. dic. 14, 2021 6:16

With all respect, at the risk of sounding like ungrateful bastard, prices are a bit off. There's no way price of 20 loaves of bread is 23 USD or so in Indonesia. It costs like 4000 IDR/piece, so it's about 80.000 IDR, translated to roughly 6 dollars.

Matt

mar. dic. 14, 2021 5:11

Hi Amanda, Maybe we're using a different definition of "loaf?" We're going off of 500g of white bread from sites like this: - https://www.numbeo.com/cost-of-living/country_result.jsp?country=Indonesia&displayCurrency=IDR - https://www.sidmartinbio.org/how-much-does-bread-cost-in-indonesia/#How_much_does_bread_cost_in_Indonesia - https://retirepedia.com/cost-of-living-in-indonesia-housing-food-transportation-costs.html Also, since Indonesia is a diverse country, I imagine the average isn't representative of every place.

amanda

sáb. dic. 18, 2021 3:41

Sorry for late reply. The references you mentioned is correct, but for the biggest cities i.e Jakarta (Capital), Surabaya (2nd largest city). Like you said, Indonesia is a very diverse country, so Govt always need to deal with these issues case by case. Also, why using the white bread as a metric isn't a good choice (thus why I am writing all of these)... because Indonesians don't eat bread, they eat rice. With 500g of white bread, average 4-persons family can only eat for 1 day. With 500g of white bread-worth of rice, they can eat for a two-three whole days. Here's an official metric from the govt for rice: https://hargapangan.id/tabel-harga/pedagang-besar/daerah Indonesia as a whole, aggregated, have very low income, even lower than the neighbor Malaysia (which have lower Bucket pricing). Data taken from official govt here: https://www.bps.go.id/indicator/19/1521/1/rata-rata-upah-gaji.html While I can totally understand where you're coming from (universal metric using white bread), unfortunately for this specific Indonesia case it's way off the mark. I apologize for all my posts, I never meant to complaint, I have no bad intention.

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