Rocket Money (formerly Truebill) is a personal finance app that uses AI to help users track, manage, and cancel their subscriptions. The platform automatically identifies recurring charges on your bank account, providing you with a comprehensive overview of your monthly spending. With features like automatic bill negotiation, cancellation of unwanted subscriptions, and budgeting tools, Rocket Money saves you time and money by keeping your finances organized. Whether you’re trying to cut down on subscription fatigue or optimize your spending, Rocket Money helps you stay on top of your financial commitments.
| Rocket Money Review Summary | |
| Performance Score | A |
| Content/Output | AI-Driven Subscription Management and Financial Insights |
| Interface | Simple, User-Friendly, Intuitive |
| AI Technology |
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| Purpose of Tool | Automate subscription management and optimize personal finances |
| Compatibility | Web, iOS, Android |
| Pricing | Free + Premium Plans (starting at $3/month) |
Who is Best for Using Rocket Money?
- Budget-Conscious Individuals: Keep track of monthly expenses and optimize spending by managing subscriptions and recurring charges.
- Families: Consolidate all household subscriptions to prevent overlap and ensure no charges are being missed.
- Freelancers & Entrepreneurs: Streamline your subscription management for work tools, entertainment, and business services.
- Students: Avoid unwanted subscriptions and reduce unnecessary spending with AI-powered insights on your recurring charges.
- Consumers Looking to Save: Automatically negotiate bills, find deals, and cancel unnecessary services with minimal effort.
Rocket Money Key Features
| AI-Driven Subscription Tracking | Automatic Bill Negotiation | Subscription Cancellation Services |
| Personalized Budgeting & Financial Insights | Expense Tracking and Categorization | Alerts for Overcharges or Hidden Fees |
| Safe and Secure Data Encryption | Premium Support and Priority Assistance | Mobile App Integration for On-the-Go Monitoring |
Is Rocket Money Free?
Rocket Money offers a free version with basic subscription tracking and spending insights, while premium features are available through paid subscriptions.
Rocket Money Pricing Plans
- Free Plan:
- Basic subscription tracking
- Expense categorization and monthly budgeting
- Standard customer support
- Premium Plan – $3/month:
- Advanced subscription management and cancellation
- Automated bill negotiations
- Priority support and access to premium features
- Monthly financial summaries and spending insights
- Premium Plus Plan – $12/month:
- All features in Premium, plus:
- Personalized financial coaching and advice
- Full access to Rocket Money’s premium services
- Advanced bill negotiation for higher-cost bills
Rocket Money Pros & Cons
Pros
- Automated subscription management with minimal input
- AI-powered insights help optimize personal finance
- Negotiates bills and finds savings opportunities
- Easy-to-use app with quick setup
- Completely free to track basic subscriptions
Cons
- Limited features in the free plan
- Premium plans may be too costly for some users
- Works best with bank-linked accounts for full functionality
- No investment or wealth-building features included
FAQs
How does Rocket Money track subscriptions?
Rocket Money connects with your bank account to identify and list all recurring charges automatically, providing a clear summary.
Can Rocket Money cancel subscriptions for me?
Yes, Rocket Money can cancel unwanted subscriptions on your behalf with a simple request through the app
Does Rocket Money help me save on bills?
Yes, Rocket Money can negotiate bills like cable, internet, and insurance to help you lower your costs automatically.
