The bottom line: Simplifi by Quicken is a great budgeting tool if you want to create a detailed monthly spending and savings plan and don't mind paying for a subscription. However, if you are searching for free budgeting tools, you'll want to look at our best budgeting apps guide.

Quicken Simplifi does not offer any tax planning abilities outside of tracking tax-related spending and income transactions. Quicken Classic offers detailed tracking of taxable and tax-deferred accounts, exporting abilities to tax-related software, and more.

Simplifi vs Quicken: Our Summary Click here to get started with Simplifi and experience its features firsthand. On the other hand, Quicken, with its extensive investment tracking and financial planning tools, is a comprehensive solution for those with more complex financial management needs.

Quicken Simplifi cannot read Quicken data or vice versa, so you cannot import a Quicken data file into Quicken Simplifi. Quicken Simplifi is an entirely separate product and exclusively online so the databases are not compatible. If you have questions about your Quicken data, please visit our Quicken Help Center here!

YNAB, or YouNeedABudget, is a popular personal finance tool that competes with Simplifi. YNAB takes a unique zero-based approach to budgeting. Some people find this very helpful, but others will prefer the flexibility of Simplifi. YNAB is also more expensive than Simplifi.

At one time, Quicken was one of the only alternatives to tracking personal finances manually on a spreadsheet. Today, there are many choices for personal finance software. But Quicken is still a solid choice, especially since it can connect to your bank and automatically update your accounts.

While Quicken still dominates the financial software program universe, several alternatives exist. One rival is Mint, a read-only budget planner and spending tracker. Another rival, Personal Capital, offers investment management services.

YNAB is designed to build a financial foundation and focuses on planning ahead. If you need help with the fundamentals, YNAB is probably the better choice for you. On the other hand, if you have more complex money management needs and want an app that's reasonably priced, Quicken could be a better fit.

You can share your Quicken Simplifi data with one additional member, who will need to have their own Quicken ID and password, but who do not need to have their own Quicken Simplifi Subscription.

At this time, Quicken Simplifi only offers the ability to connect to your Billers to receive updated due dates and amounts. The ability to pay your bills from Quicken Simplifi is not currently available. However, our other Quicken products offers a wonderful bill pay service called Bill Manager!

Then you can decide for yourself whether or not this money management app is a good fit for you. Simplifi by Quicken delivers a fresh personal finance app from an undeniably trustworthy brand to keep up with all of your money in one easy-to-use interface.

How much does Simplifi cost? Simplifi starts at $2.99 per month for annual plans or $3.99 per month for monthly plans, but your first 30 days are free. The company does not charge any additional fees on top of the monthly subscription cost.