How does Rocket Money work?
Rocket Money is an automated financial assistant that can help you manage your subscriptions, lower your bills, save you money, and keep you on top of your financial life.
Setting up
To use Rocket Money, you want to first connect your bank accounts and credit cards so that our software can analyze your transactions.
Managing Subscriptions & Bills
Once you do that, we automatically find all your subscriptions and recurring bills, which appear in the Recurring tab of the app. From there, you can click on any subscription to see more about it and cancel unneeded ones. You can cancel yourself, or if you choose to join our Premium membership, our concierges will do it for you!
Lowering your Bills
You can also lower your bills. To do this, you want to click on the "Lower your bills" card on your Dashboard tab, then add the various bills that you'd like to lower.
Tracking your Spending
Head over to the Spending tab to see monthly reports of your money, where it's going, and how your spending changes over time. You can also view a full list of transactions and even search through your transactions across all your accounts from here.
Budgeting
You can start budgeting by tapping on the "Start Budget" box on the Spending tab. You can then edit or add budget categories by tapping on the Settings icon beneath your Spend pie chart. Budgeting lets you easily keep your spending in line by category!
Smart Savings
We help you save up money for the future with our Smart Savings feature. Simply tap on "Smart Savings" from the Dashboard to setup your automated savings plan!
We are constantly adding new features and our aim is to be your central hub to running all your finances! Stay tuned for more features coming soon!