Overview
Rocket Money is a personal finance management application designed to help users track spending, manage subscriptions, automate savings, and monitor their credit score. It integrates with users' bank accounts, credit cards, and investment accounts, providing a centralized view of their financial status. The platform uses algorithms to identify recurring subscriptions and bills, assisting users in canceling unwanted services and negotiating better rates. Users can also set up budgets, track their net worth, and receive alerts for important financial events, such as low balances or high credit spending. Rocket Money also offers premium features including automated savings plans and subscription cancellation assistance. The application uses encryption to protect user data and ensure secure access to financial information. It offers both free and paid plans to cater to different user needs and financial goals.