Rocket Money Review 2025: CNET's Editor's Choice Winner for Best Budgeting App

There are many Budget Application Choosing, which one is best for you depends on your financial situation and preferences. However, if you are looking for a good starting point, Rocket Money should be on your list.

Rocket Money provides all the basic budgeting features that the average user needs, as well as some neat additional features such as Bill Negotiation and Subscription Cancel. It’s affordable and easy to use, this is CNET’s 2024 Editors’ Choice Choose the best overall budget application.

This is provided by Rockets Funding.

How does Rocket Money work?

Rocket Currency Budget App links to your bank account to track your income and expenditures. It can automatically divide your transactions into specific categories, such as groceries or housing, to get some leg work from Budget. You can also edit individual transactions and create rules for categorizing future transactions.

Rocket Money allows you to set spending goals and show you the spending in each category. you can Adjust your budget Always consider unexpected expenses.

The free version of Rocket Money is limited, but offers basic budgeting features such as fee tracking that might be enough to accommodate certain users. The paid version costs $6 to $12 per month and offers advanced features such as custom budget categories, Automatic savings and Credit Report and net worth tracking.

What We Like

• Affordable price: Rocket Money Premium costs $6 to $12 per month. How much you pay, no matter how much you choose, you will enjoy the same features.
• Easy to use: Rocket Money’s mobile app and online platform are both intuitively available. Information is presented in a clean, easy to understand way that tells you what you need to know without overwhelming you.
• Many notices: You can choose to receive a wide variety of notifications to stay financially, from billing increases and bank fee alerts to identity theft and credit score alerts.
• Savings Target: Rocket Money Premium offers a wise savings account Shelve money Easier. You can set savings goals and schedule regular automatic transfers to this account. Smart savings account by FDIC Insurance Partner Bank so your money can be safe up to $250,000 per account holder.
• Credit Score and Net Worth Tracking: Rocket Money Premium offers credit score viewing and credit reports as well as a net worth tracker. (The free version only provides credit scores.)
• Bill Negotiation: Rocket money is also provided Act negotiation services Free users and paid users can use it. Rocket contacts your service provider, such as a cell phone or internet provider, so that you can try to lower your bills. If they succeed, you will pay for it, but if you hate bargaining with a customer service representative, it may be worth it.

What We Don’t Like

• Free version limited: You might be able to escape using the free version of Rocket Money, but it’s pretty quasi-bone. If you want features like custom budget categories, you will need to pay for premium membership.
• No debt income plan: Some budget applications such as PocketGuard provide debt returns programs to help you Reduce debt burden. The Rockets don’t. You can link your credit card account to monitor your balance, but that’s all.
• No investment tools: You can connect your investment account to Rocket Currency and view your balance, but if you need help with your investment plan, it’s better to use an app like Empower, which provides tools to evaluate and adjust your strategy.
• Traditional budgeting method: Rocket Money uses a basic budgeting method: you set budget categories as budget categories and spend your goals upfront, and you can adjust them monthly. This strategy may not work for everyone. If you want to take a more granular budgeting approach or need help with your spending, you may be served with a zero-based budgeting application Everyone and YNAB Or through Goodbudget’s envelope method.
• Bill negotiation fees: If Rocket Money’s bill negotiation service is successful, you will pay between 30% and 60% of your first year savings (choose your own percentage). You can contact your service provider yourself and save on this cost.

Is Rockets’ money safe?

Yes, Rocket Currency apps are usually safe. It uses 256-bit encryption – the encryption used by many banks – as well as partners linked to your account with a payment network grid, rather than storing your login information. That said, if your phone is lost or stolen, your financial data may still be at risk, so you should know how to wipe your phone remotely in this event.

Who is the most suitable Rockets money?

Rocket Money provides all the essentials you need to create and maintain budgets. A wide range of budget hands, easy to use, and a premium subscription is affordable.

So we found that Rockets money is Solid alternatives to mintthe popular budget app disappeared in March 2024.

Alternatives to Rocket Money applications

Rocket Money has something for everyone, but it’s not the only budget app on the market. You can explore your choices by viewing our choices A summary of the best budget apps.

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