Rocket Money (Formerly Truebill): The Ultimate macOS App for Financial Control

Introduction

Managing personal finances can be overwhelming, especially with multiple subscriptions, bills, and spending habits to track. Rocket Money (previously known as Truebill) is a powerful macOS appdesigned to simplify money management by helping users save more, spend less, and regain control of their financial lives. With over 5 million members and $1 billion+ in savings, Rocket Money has become a go-to solution for budgeting, subscription tracking, and bill negotiation.

However, no app is perfect for everyone. Some users may have concerns about privacy, pricing, or compatibility with their financial institutions. If Rocket Money isn’t the right fit, there are strong alternatives available. In this blog post, we’ll explore:

• Why Rocket Money is worth using
• Key concerns users might have
• Top alternatives if Rocket Money doesn’t meet your needs

By the end, you’ll have a clear understanding of whether Rocket Money is the right financial tool for you—or if another app might be a better match.

Why You Should Use Rocket Money

1. Effortless Subscription Management

One of Rocket Money’s standout features is its ability to track and cancel unwanted subscriptions. Many users discover forgotten recurring charges—such as unused streaming services or old gym memberships—that drain their finances. The app scans transactions, identifies subscriptions, and even cancels them on your behalf (a premium feature).

2. Smart Budgeting & Spending Insights

Unlike traditional budgeting apps that require manual input, Rocket Money automatically categorizes expenses and provides real-time spending breakdowns. Users can:

• Set custom budget limits
• Receive alerts for unusual transactions
• Track monthly spending trends

3. Bill Negotiation & Savings Automation

Rocket Money’s bill negotiation service can help lower recurring bills (e.g., cable, internet, insurance). If successful, the app takes a percentage of the savings (30%-60%), but users pay nothing if negotiations fail 2. Additionally, the Autopilot Savings feature helps users save money automatically based on spending habits.

4. Premium Features for Power Users

While the free version is robust, upgrading to Rocket Money Premium ($3-$12/month) unlocks:

• Real-time bank syncing (instead of daily updates)
• Unlimited custom budgets
• Priority customer support

5. Designed for Modern Money Management

Rocket Money accommodates multiple income streams, shared accounts, and credit card debt, making it ideal for freelancers, couples, and anyone with complex finances.

Key Concerns About Rocket Money

Despite its strengths, some users may hesitate due to:

1. Privacy & Security Worries

Rocket Money uses Plaid to connect bank accounts, which some users distrust. However, the company claims bank-grade encryption and states it does not sell user data.

2. Premium Pricing Model

The “pay-what-you-want” premium model ($3-$12/month) can feel ambiguous. Some users may prefer fixed pricing.

3. Limited Bank Compatibility

A few users report issues linking smaller credit unions or specific cards due to Plaid’s limitations.

4. Mixed Customer Support Reviews

While premium users get priority support, some free-tier users report slow responses.

Top Alternatives to Rocket Money

If Rocket Money isn’t the right fit, consider these alternatives:

1. Mint (By Intuit)

• Pros: Free, robust budgeting, tax tracking
• Cons: Ad-supported, less subscription-focused.

2. YNAB (You Need A Budget)

• Pros: Zero-based budgeting, strong debt payoff tools
• Cons: Steeper learning curve, $99/year

3. PocketGuard

• Pros: Simple interface, tracks bills & subscriptions
• Cons: Fewer negotiation features

4. Monarch Money

• Pros: Customizable, great for couples
• Cons: $14.99/month, no free plan

Also check Out Subscription Day by Indie Developer

Conclusion: Is Rocket Money Right for You?

Rocket Money is an excellent choice for those who want automated subscription tracking, bill negotiation, and smart budgeting—all in one app. Its user-friendly design and premium flexibilitymake it a top contender in personal finance.

However, if privacy concerns, pricing ambiguity, or bank compatibility are dealbreakers, alternatives like Mint, YNAB, or PocketGuard may be better suited.

Final Verdict: Try Rocket Money’s free version first, then upgrade if the premium features add value. If not, explore alternatives that align with your financial needs.