Rocket Money

Rocket Money is a finance app that pulls all your money into one dashboard. Link your bank, credit card, savings, and investment accounts, and it imports every transaction automatically. The app tracks spending, builds budgets, finds subscriptions, and calculates your net worth each day. It can cancel unwanted subscriptions for you and negotiate lower bills with providers. Rocket Money was formerly called Truebill and now serves over 10 million members. Check rocketmoney.com for current details. Connections run through Plaid, and your banking credentials are never stored on Rocket Money's servers.

Key Features

1. Subscription Tracking

Rocket Money scans your transactions and lists every recurring charge with its amount, frequency, and yearly cost.

2. Subscription Cancellation

Premium members can cancel unwanted subscriptions right in the app. For tricky providers, Rocket Money's team handles the call.

3. Bill Negotiation

Rocket Money contacts cable, internet, and phone providers to lower your bills. You pay a fee only if they save you money.

4. Smart Budgeting

Budgets are suggested from your spending history, and gentle alerts warn you before you cross a category limit.

5. Net Worth Tracking

Link all accounts and Rocket Money adds assets, subtracts debts, and updates your net worth daily in one number.

6. Financial Goals

Smart Savings moves small amounts into an FDIC-insured account when your cash flow allows. You save without thinking.

7. Credit Monitoring

Watch your credit score and pull your full credit report. Regular updates flag changes that could affect loan rates.

8. Watchlists

Pick one or two spending categories to monitor instead of full budgets. It builds money awareness with low effort.

Frequently Asked Questions (FAQ)

What is Rocket Money?

Rocket Money is a personal finance app for tracking spending, budgeting, managing subscriptions, negotiating bills, and monitoring net worth. It was formerly called Truebill.

How does Rocket Money cancel subscriptions?

The app finds recurring charges in your transactions, then Premium members can cancel many subscriptions directly in the app. When a provider requires a call, Rocket Money's team handles the cancellation for you.

What does Rocket Money cost?

Rocket Money has a no-cost tier with core budgeting and subscription tracking. Premium uses a "pay what you think is fair" model, typically $7–$14 per month, and unlocks cancellation, net worth tracking, and unlimited budgets. Pricing can change, so check the site.

How does bill negotiation work?

Rocket Money contacts your cable, internet, or phone provider to ask for a lower rate. You only pay a fee — 35–60% of the first year's savings — if the negotiation succeeds.

Is Rocket Money safe to link to my bank?

Yes. Connections run through Plaid with 256-bit encryption, and your banking credentials are never stored on Rocket Money's servers. Over 10 million members trust it with their data.

Conclusion

Rocket Money is a strong pick for people who want their money handled with less effort. Subscription tracking and cancellation alone can recover real cash, while budgets, net worth tracking, and bill negotiation round out the picture. The no-cost tier covers the essentials, and Premium's flexible pricing keeps upgrades reasonable. Check current plan details on rocketmoney.com before you sign up.