Rocket Money: how the app that helps you manage your finances works

If you need support to control your finances, the application Rocket Money is perfect for that.

Especially if you’ve lost track of how many bills you have to pay and whether you can afford them all, this app’s features will be excellent for bringing control back into your hands.

In today’s content we will learn about Rocket Money’s proposal, and at the end we will help you decide if this is the ideal proposal for you!

Meet Rocket Money

If you’ve been feeling lost with managing your finances and bills now seem to be popping up all the time, you probably need help.

Especially when we are taking the first steps of financial life, it is natural to face difficulties in dealing with so many bills, signatures and invoices. Yes, it’s a lot!

Rocket Money was launched precisely to help with this issue, as the application promises to organize finances through personalized resources and goals.

So, if you usually end up paying all your bills randomly and always forget one, in Rocket Money everything is recorded, so you don’t pay interest for late payments.

Furthermore, if you need to set aside part of your income to create an emergency fund, but you still don’t know how to do it, don’t worry, the app does it for you.

Therefore, many consider Rocket Money to be a true friend in money management, as the app’s features help keep accounts up to date and organize finances to achieve specific goals.

Read too: Business credit card: how to choose the best option? – valuedyou.com.

What features are available in the app?

Have you ever wished you had a personal manager to manage your finances? With Rocket Money resources you can make this dream come true.

Check out the app’s main features below:

Subscription control

Have you already planned to cancel that subscription dozens of times, but every month you end up forgetting and the next thing you know, it has already been deducted from the card?

Rocket Money solves this through the Subscription Control feature.

The app basically tracks all your subscriptions to services and products, and keeps them recorded, so you’ll hardly forget to cancel.

And, if you don’t want to spend time on this, don’t worry, the Rocket Money concierge will carry out the cancellations selected by you, on the desired date.

Expense details 

If you don’t know where your money is going, your spending is likely to be small but frequent.

With Rocket Money, each expense is recorded, so you can know how much was spent, on what, and how it impacted the budget.

Are you spending too much? Don’t worry, the app warns you when any expense exceeds safe limits.

Rocket Money Autopilot 

If your financial difficulty is deciding what to do with your money, in the Rocket Money app you can activate Autopilot.

In this option, the system itself tracks your financial habits, and thus determines how much you can spend and the ideal amount to reserve in a given month.

So, if you always get lost with this type of decision, just access the app to know exactly what to do.

Custom quote

If you have already tried to follow different savings methods and have never been successful, with Rocket Money there is the possibility of following a personalized budget.

This budget is defined by Autopilot, and with it you know exactly how you should use your money to stay out of debt and ensure financial progress.

Financial history 

Obtaining credit to purchase important goods is one of the biggest problems for those dealing with financial disorganization.

At Rocket Money you have privileged access to your financial history, so you have the opportunity to improve your habits to increase your chances of credit approval.

Furthermore, if you are planning to make an investment, with your financial history it is easier to determine whether it is the ideal time to do so, or whether it is better to leave it for the future.

Rocket Money Premium: vale a pena?

In the Rocket Money app you have two service options: the basic it’s free, and Premium, which is paid.

In the basic service you have access to the platform’s main financial management features, but you need to do things manually.

So, in the case of the subscription management feature, in the basic plan you can track your subscriptions but you need to cancel them yourself.

With Rocket Money Premium you have some amenities, such as:

• Concierge to automatically cancel services;
• Specialists who help you manage your finances;
• Smart savings account;
• Advanced financial services like net worth tracking, budgeting, and more.

Prices for this service range from $6 to $12 per month, so we consider it worth it if you are looking for more complete service.

But, if you really want to save, the basic plan already offers very interesting features, so choose wisely.

Find out how to create your Rocket Money account to start saving

Creating an account at Rocket Money is very simple, check out the step by step below:

1. Download the Rocket Money app on Google Play or the Apple Store;
2. Open the application and log in, or, if you don’t have one, create a registration;
3. To create a registration, enter your name and email and agree to the terms of use;
4. Enter your personal details to complete the registration, and once finished, access your Rocket Money account;
5. Give the app permission to track your financial information, and then check the information available in the app.

After completing the registrations, just start using the app. Try to follow the tips to save and avoid expenses that harm you financially.

For more information access: https://www.rocketmoney.com/. 

This might interest you: Can the bank remove the credit card limit? Find out now! – valuedyou.com.