Simplifi by Quicken Review 2023

Simplifi by Quicken Review 2023

Simplifi by Quicken: An In-Depth Review of the Budgeting App


Our team of experts is here to answer your burning banking questions and provide unbiased product reviews. In this review, we take a closer look at Simplifi by Quicken, a budgeting app that aims to help you maintain an organized budget and gain a comprehensive understanding of your finances.

Simplifi by Quicken Pros and Cons

Before delving into the specifics of Simplifi, let’s take a quick look at the pros and cons of the app to give you a better overview of its features.

Pros: – Detailed and comprehensive budgeting tool – Analyzes spending and savings with charts and data – Provides monthly reports on various financial aspects

Cons: – Requires a subscription after the 30-day free trial – Free budgeting apps may be available as alternatives

Simplifi by Quicken Overview

Simplifi by Quicken takes budgeting to the next level, offering an incredibly detailed breakdown of your saving and spending habits. To make the most of this app, it’s best to start by connecting all your bank accounts, investment accounts, and credit cards. This allows Simplifi to create a dashboard that provides an all-encompassing view of your finances.

The app goes beyond a standard budgeting tool by allowing you to create a monthly spending plan with different categories and set individual savings goals. For those who crave more granular insights, Simplifi features a watchlist that tracks specific areas of your spending, ensuring you stay on track. It can even monitor bills and remind you of upcoming payment due dates.

One of the standout features of Simplifi is its ability to provide monthly reports on spending, gross income, net income, savings, and shopping refunds. These reports offer a comprehensive snapshot of your financial situation, allowing you to make more informed decisions.

However, it’s important to note that while there is a 30-day free trial, a subscription is required to continue using Simplifi beyond this trial period. If the app doesn’t meet your needs, there are free budgeting apps available as alternatives.

About Simplifi by Quicken

Simplifi is a budgeting app developed by Quicken, a leading name in money management software. By connecting your bank accounts, investment accounts, and credit cards to Simplifi, you can develop a comprehensive spending budget tailored to your specific financial situation.

In August 2023, Simplifi expanded its features to include enhancements to its investments dashboard. These new additions provide real-time balance charts, performance graphs, cryptocurrency tracking, a news feed, and investment transaction monitoring. With these tools, Simplifi aims to provide users with a holistic view of their investments and financial portfolios.

It’s important to note that Simplifi is not a free app. While a 30-day free trial is available, a subscription must be purchased in order to continue using Simplifi. Should you decide the app doesn’t meet your needs, remember to cancel within the first 30 days to avoid any charges.

For any questions or concerns about the app, coaches are available for assistance over the phone or through live chat from 5 a.m. to 5 p.m. PT every day.

Simplifi has garnered a rating of 4.1 out of 5 stars in the Apple store and 2.7 out of 5 stars in the Google Play store, indicating generally positive user feedback.

Is Simplifi by Quicken Trustworthy?

While we usually include ratings from the Better Business Bureau (BBB) to gauge the reliability of a business, Simplifi by Quicken hasn’t been rated by the BBB as of yet. However, it’s worth noting that Quicken, the parent company of Simplifi, has received an F rating from the BBB due to unresolved customer complaints.

Although a good BBB rating is important, it’s also useful to seek input from other users or read customer reviews to form a more comprehensive opinion. Additionally, it’s worth mentioning that Quicken hasn’t been involved in any recent public controversies.

Simplifi by Quicken FAQs

To provide you with a better understanding of Simplifi by Quicken, let’s address some frequently asked questions.

How Simplifi by Quicken Compares

Simplifi by Quicken vs. Mint

Simplifi and Mint share many similarities. Both apps allow you to create a budget based on your spending habits, monitor bills, and set individual savings goals. You can connect your bank accounts, investment accounts, and credit cards to both apps to gain a complete financial overview.

The primary difference between Simplifi and Mint lies in their pricing structures. Mint offers a free plan, while Simplifi requires a subscription after the 30-day free trial. This distinction leads us to pick Mint as our top choice for the best budgeting apps overall.

Simplifi by Quicken vs. Rocket Money

If you’re keen on avoiding fees, the Rocket Money app might be more appealing to you. Rocket Money offers a free plan that includes spending tracking and budget creation. On the other hand, Simplifi only offers a 30-day free trial, with a subscription required for continued use.

Choosing between Simplifi and Rocket Money ultimately depends on your priorities and preferred features. While Simplifi offers a more comprehensive overview of your finances through charts and data, Rocket Money focuses on budgeting, with additional features such as spending reduction tips and bill negotiation services.

Why You Should Trust Us: How We Reviewed Simplifi by Quicken

In reviewing Simplifi by Quicken, we utilized a scale from 0 to 5 stars, taking into account factors such as pricing, availability, customer reviews, usability, customer support, and trustworthiness. This comprehensive review process ensures that our recommendations are unbiased and well-informed.

Now armed with this in-depth review, you can make an informed decision about whether Simplifi by Quicken is the right budgeting app for you. Remember to weigh the pros and cons, compare it with other options, and consider your individual financial needs and preferences.