Simplifi is a good option if you are searching for an app that will help you manage your money with a big picture view. You should feel comfortable using Simplifi to handle your money information securely. Luckily, Simplifi offers 256-bit encryption to securely manage data transfers from your bank account into the app. When exploring your personal finance app options, the question of financial security will come into play. You can tackle all of these at one time by setting up multiple savings goals through the app.īeyond setting a monthly contribution plan to reach your savings goals, Simplifi displays your progress and offers guidance to ensure you hit your savings goals within your desired timeline. Since most of us have more than one savings goal in mind, this feature is definitely worthwhile.įor example, let's say you have plans to buy a home, take a vacation, and build your emergency fund. Some apps only allow you to set up a general savings goal, but Simplifi goes above and beyond by offering multiple goals. You can set up watchlists for any category, payee, or tag to monitor your spending. Want to make sure you're not overspending on take-out or dog toys? Simplifi allows you to set up custom watchlists to help you stay on track. The app even has safeguards in place to help you avoid missing a bill. Through the app, you can monitor all your spending. Simplifi does not disappoint in this area. You can quickly root out any subscriptions and recurring bills that no longer fit into your budget.Ī key feature of any personal finance app is the ability to track your spending. Plus, the automatically categorized transactions will help you figure out where your money is going.īeyond seeing what is currently happening with your money, Simplifi helps factor in future transactions. The overview will help you gain a better understanding of your financial picture. Once connected, you will find a consolidated snapshot of your money in one place. With that, you can likely connect every single one of your financial accounts to the app. Through Simplifi, you can connect your accounts from over 14,000 financial institutions. While many personal finance apps have features that seem fairly standard, Simplifi offers a fresh take. If you are hoping that a personal finance app will make your life easier, you've likely uncovered a wide range of options. Make sure to keep an eye on the 30-day window so that you can make your decision before getting locked into a payment. But once your free trial is over, you'll be billed automatically for a subscription. However, you will be able to take advantage of a free trial before signing up for a paid subscription. Simplifi offers a subscription for $5.99 per month or $47.99 per year (the yearly option ends up being slightly less expensive than if you were paying by the month). No investment advice is available: You won't receive any recommendations on how to grow your investments.Limited availability: Simplifi is only available to customers within the U.S.Some bugs: As a relatively new app, it is not surprising that there are some bugs (based on customer reviews).Paid app: You'll have to pay a yearly ($47.99) or monthly subscription ($5.99), while other options are completely free.Here are the drawbacks to be aware of when working with Simplifi: A full financial picture at your fingertips: You can bring Simplifi with you to track your money moves from anywhere.Savings goals made easy: The convenience of multiple savings goals in a single app can help you visualize your progress.Comprehensive spending tracking: Simplifi makes it a breeze to keep tabs on your spending.
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