Simplifi by Quicken review: Detailed budgeting app for understanding the big picture of your finances
Simplifi; Insider
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Pros and cons
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Simplifli by Quicken features
Why it stands out: Simplifi by Quicken is ideal for someone who wants to maintain an organized budget. The budgeting app is incredibly detailed and breaks down your saving and spending beyond what a standard budgeting app does.
Simplifi works best if you start by connecting all your bank accounts, investments accounts, and credit cards. This way, you'll be able to create a dashboard that provides an overview of your finances. It also analyzes your spending and savings through charts and data.
You can create a monthly spending plan with different categories or develop individual savings goals. If you want to get more detailed information, the app has a watchlist that tracks areas in your spending, and it can monitor bills to make sure you pay them on time.
The app also provides monthly reports for spending, gross income, net income, savings, and shopping refunds.
Pricing: $5.99 monthly subscription or $47.99 annual subscription
Look out for: There's a 30-day free trial to test out the app, but you'll have to sign up for a subscription when you make your account. If you try out the app and decide it isn't for you, there are a lot of free budgeting apps out there to use instead.
What is Simplifi by Quicken?
Simpfli is a budgeting app by the money management software Quicken. Simplifi lets you link all your bank accounts, investments accounts, and credit cards to the app and develop a spending budget. You'll also be able to add and track multiple savings goals.
Simplfi is not a free app. While there's a 30-day free trial, you'll have to sign up for a subscription when you create your account. If you decide you don't want to keep using Simplifi, cancel within the first 30 days to avoid being charged.
If you have questions about the app, coaches are available over the phone or through live chat from 8 a.m. to 5 p.m. PT every day.
The app has 4.2 out of 5 stars in the Apple store and 3.4 out of 5 stars in the Google Play store.
Is Simplifi by Quicken trustworthy?
We usually include ratings from the Better Business Bureau so you can see how a business deals with customers' complaints and issues. However, the BBB hasn't rated Quicken yet.
A good BBB rating isn't necessarily the be-all and end-all. You can also speak to other people who use the app or read customer reviews.
Quicken hasn't been involved in any recent public controversies.
How Simplifi compares
We compared Simpfli to two other budgeting tools: Mint and Trim.
Simplifi by Quicken/Quicken | intuit mint | Trim |
Price $5.99/month; $47.99/year | Price Free | Price Free; 15% of savings in a year if you use Bill Negotiation |
Platform Web and mobile app | Platform Web and mobile app | Platform Facebook messenger |
If you're searching for a free budgeting tool, Mint and Trim will be your best options.
Mint is featured in our best budgeting apps guide and has several similar features to Simplifi. For example, you may create a budget based on your spending habits, manage bills, or create individual savings goals.
Trim will be a strong option if you're looking for more detailed ways to reduce your spending. The app tells you where you may be able to save money, and it will negotiate bills for you. If you use Bill Negotiation, you'll have to pay 15% of the amount you saved with the tool yearly. Mint offers a similar service, but you'll have to pay 40% of the savings you've earned during a service period, which is around two years.
Simplifi doesn't have a free version, only a 30-day free trial. It might be worth exploring if you haven't found an appealing budgeting app or if you are searching for a budgeting tool that provides detailed information about your spending and saving. Simplifi lets you create a watchlist for specific categories in your spending and includes monthly reports on your income, spending, and more.
Your decision may also come down to which platforms you'd like to use. Simplifi and Mint are available online and through apps. Meanwhile, Trim is only available through Facebook or your Google email account.
Frequently asked questions (FAQ)
How much does Simplifi by Quicken cost?
To use Simplifi, you'll need to pay $5.99 monthly or $47.99 annually.
Are Simplifi's web app and mobile app the same?
The web app and mobile app have the same features. You'll be able to see all the same information whether you're on the computer or your phone.