Who wrote this: the team that makes SIMPL, so read it knowing we sell one of the two apps. Every fact about Rocket Money links to where we read it, on 2026-10-19. Where Rocket Money is the better choice, we say so.

Rocket Money vs SIMPL

Bottom line: Rocket Money has a free app, and Premium is pay-what-you-think-is-fair at about $7 to $14 a month. SIMPL is $199 once. Stay on Rocket Money if you want someone to cancel subscriptions and negotiate bills for you; SIMPL is for owning a full budget with a subscription tracker built in.

Our read

It depends on the job

Rocket Money's real trick is acting for you: cancelling subscriptions and negotiating bills (for a share of the savings). SIMPL does not do that. SIMPL's Drain Guard finds the charges that repeat every month and you decide Keep or Cut, but you cancel them yourself.

Can it pay for itself?

SIMPL is $199 once, about $17 a month over its first year. Its Drain Guard reads your expenses (from a linked bank, an imported statement, or ones you type in), finds the charges that repeat, and adds them up by the month. Keep or Cut then walks you through them one at a time. Cancel $17 a month of charges you'd forgotten about and SIMPL has paid for itself inside the first year.

It depends on what you find and what you cancel, so we don't promise a number.

What Rocket Money is

People who want to track expenses and also find and cancel unused subscriptions and lower some recurring bills. nerdwallet.com

Price: Free app; Premium is pay-what-you-think-is-fair, typically $7 to $14 a month ($84 to $168 a year); Premium+ $15 a month. Bill negotiation charges 35% to 60% of the first year's savings. rocketmoney.com

Where it runs: iPhone and Android; the website is for Premium members only. Core features need linked accounts.

Where Rocket Money is strong

PCMag rates its bill negotiation and subscription cancellation tools as effective. pcmag.com
PCMag cites an exceptional user experience and top-notch mobile apps. pcmag.com
PCMag notes good transaction management options and smart goal and saving features. pcmag.com
A free tier exists, covering subscription tracking, upcoming bills, basic budgets and credit score viewing. rocketmoney.com

What reviewers say it lacks

PCMag calls it pricey and says the pay-what-you-wish scale only appears after setup demands a credit card. pcmag.com
PCMag finds investment tracking weak: it only lists account activity and a simple chart. pcmag.com
Free users cannot use the website; desktop access requires Premium. help.rocketmoney.com

What SIMPL is

SIMPL is a budgeting and money app you buy once for $199. It is the same money engine as the Vault inside Nexa, sold on its own.

What it does

A zero-based budget: give every dollar a job on payday, with envelopes for the irregular costs.
Savings goals, each with its own progress, and a debt payoff plan.
A subscription tracker (Drain Guard) that finds charges repeating every month and lets you Keep or Cut each one.
Receipt capture with the phone camera; receipts become expenses.
Profit and loss, balance sheet and cash flow, for anyone who also earns freelance or side income.
Works offline, with a Spanish interface.

What it doesn't

No investment tracking. If watching a brokerage or retirement portfolio is the job, SIMPL is the wrong tool.
Without Cloud Sync it lives on one device. Cloud Sync is optional at $4.99 a month (the first three months are included).
No hosted support desk: it is software you own and run yourself.

Who should stay on Rocket Money

Stay on Rocket Money if subscription cancellation and bill negotiation are what you actually use, and budgeting depth and investment tracking matter less to you.

Who SIMPL suits better

You want a real budget (envelopes, goals, debt payoff) rather than a spending feed, and you are happy to cancel things yourself once you can see them.

Moving from Rocket Money to SIMPL

Getting your data out of Rocket Money: Transactions export as a CSV from the Transactions tab (app or website) with filters such as date range; Rocket Money emails a download link that can only be opened on a desktop or laptop. Rocket Money's pricing article lists CSV export among Premium features. help.rocketmoney.com

What SIMPL can bring in:

Bank and card transactions: CSV, OFX, QFX. In SIMPL: Bank → Import CSV.
Any other spreadsheet of spending: CSV with a date, a description and an amount. In SIMPL: Bank → Import from YNAB / Mint / CSV.

Questions people ask before switching

Can I bring my Rocket Money data into SIMPL?

Transactions export as a CSV from the Transactions tab (app or website) with filters such as date range; Rocket Money emails a download link that can only be opened on a desktop or laptop. Rocket Money's pricing article lists CSV export among Premium features. SIMPL imports bank downloads (CSV, OFX or QFX) and any spreadsheet of spending with a date, a description and an amount.

Does SIMPL track investments like Rocket Money?

No. SIMPL has no investment tracking: it covers budgets, goals, debt payoff, subscriptions, receipts and money reports. If you track a portfolio, keep a tool that does.

Do I need a subscription for SIMPL?

No. SIMPL is $199 once. Cloud Sync, which keeps it on more than one device, is optional at $4.99 a month, and the first three months come with the purchase. Without it SIMPL runs on one device and works offline.

Does SIMPL need my bank login?

No. You can bring in the files your bank lets you download (CSV, OFX or QFX). SIMPL can also connect to your bank directly if you choose to.

Is Rocket Money cheaper than SIMPL?

Free app; Premium is pay-what-you-think-is-fair, typically $7 to $14 a month ($84 to $168 a year); Premium+ $15 a month. Bill negotiation charges 35% to 60% of the first year's savings. SIMPL is $199 once.

$199 once. No subscription.

Get SIMPL: $199

Sources

Checked 2026-10-19. Prices change; the vendor's page is the final word.