Rocket Money Review 2025: CNET’s Pick for Best Budgeting App

I wonder which one budgeting app should you use? Rocket Money devrait figurer en tête de votre liste de considération.

CNET Editors’ Choice 2024 subscription cancellation And invoice negotiation. Il existe une version gratuite et une version premium, la version premium coûtant aussi peu que 6 $ par mois.

Here’s what you need to know to decide if Rocket Money is right for you.

9.4

Rocket Money

As

• Affordable

• Easy to use

• Savings goals

• Invoice negotiation and cancellation services

I don’t like

• The free version is limited

• No investment tools

• Invoice negotiation fees

How does Rocket Money work?

L’application de budgétisation Rocket Money est liée à vos comptes bancaires pour suivre vos revenus et vos dépenses. It can automatically sort your transactions into specific categories, such as groceries or housing, to make things easier for you. budgeting. You can also edit individual transactions and create rules to sort future transactions.

Rocket Money vous permet de définir des objectifs de dépenses et vous montre combien vous avez dépensé jusqu’à présent dans chaque catégorie. You can adjust your budget

The free version of Rocket Money is limited but offers basic budgeting features like expense tracking that may be enough for some users. The paid version, which costs between $6 and $12 per month, offers advanced features such as custom budget categories, automated savings And credit reports and net worth tracking.

What we like

• Affordable price: Rocket Money Premium costs between $6 and $12 per month. How much you pay is up to you, and you’ll get the same features no matter what amount you choose.
• Easy to use:
• Lots of notifications: You can choose to receive a wide variety of notifications to stay on top of your finances, from bill increase and bank fee alerts to identity theft and credit score alerts.
• Savings goals: put money aside Easier. You can set savings goals and schedule regular automatic transfers to this account. Smart Savings accounts are held by an FDIC-insured partner bank, so your money is safe up to $250,000 per account holder.
• Rocket Money Premium offers credit score visualization, credit report, and net worth trackers. (The free version only offers credit score viewing.)
• Invoice negotiation: Rocket Money also offers a invoice negotiation service which is available to both free and paid users. Rocket contacts your service providers – like your cell phone or internet provider – to try to lower your bill. Vous paierez des frais s’ils réussissent, mais cela peut en valoir la peine si vous détestez marchander avec les représentants du service client.

What we didn’t like

• The free version is limited: You might be able to get away with using the free version of Rocket Money, but it’s pretty simple. If you want features like custom budget categories, you will need to pay for the premium membership.
• Some budgeting apps, like PocketGuard, offer debt repayment planning to help you. reduce your debt. This is not the case with Rocket. You can link your credit card accounts to monitor your balances, but that’s it.
• No investment tools: You can connect your investment accounts to Rocket Money and view your balances, but if you need help planning your investments, you’re better off using an app like Empower, which provides tools to evaluate and adjust your strategy .
• Traditional budget approach: Rocket Money uses a basic budgeting method: you set your budget categories and spending goals in advance, and you can change them from month to month. This strategy may not work for everyone. If you want a more granular approach to your budget or need help getting your spending under control, you may be better served by zero-based budgeting apps like Every dollar And YNAB or by the Goodbudget envelope method.
• Invoice negotiation fees: If Rocket Money’s bill negotiation service is successful, you’ll pay them 30-60% of your first year’s savings (you choose your percentage). You could contact your service providers yourself and save on this cost.

Is Rocket Money safe?

Yes, the Rocket Money app is generally secure. It uses 256-bit encryption – the same encryption as many banks – and partners with the Plaid payment network to link to your accounts rather than storing your login details. That said, your financial data may still be at risk if your phone is lost or stolen. So you need to know how to wipe your phone remotely in this case.

Who is Rocket Money best suited for?

Rocket Money offers all the essentials you need to create and maintain a budget. It is accessible to a wide range of budgets, easy to use and the premium subscription is affordable.

For this reason, we found that Rocket Money was a solid replacement for Mintthe popular budgeting app that disappeared in March 2024.

Rocket Money offers something for everyone, but it’s not the only budgeting app on the market. You can explore your options by visiting our summary of the best budgeting apps.

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Winner of CNET’s Editors’ Choice for Best Budgeting App

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