Tiller Money Review 2023 [Take Control Of Your Spending]
If you're anything like most Americans, managing your finances can sometimes be an uphill battle. You've probably tried various budgeting tools and apps to help keep track of your spending. In this Tiller Money review, we'll explore an option that may revolutionize how you handle your finances.
Are you tired of losing track of where your money goes each month? Maybe you're seeking clarity about your financial picture or a better plan for the future.
Knowing which is right for you is challenging with so many financial management tools. Let's look at Tiller Money in-depth and see if it's the solution you've been searching for.
What Is Tiller Money?
Tiller Money is a personal finance service that automates your financial spreadsheets by directly linking them to your bank and credit accounts.
This tool powers Google Sheets and Microsoft Excel with automatically updated financial data from your daily transactions.
Tiller Money allows users to customize their spreadsheets best to fit their personal budgeting and financial planning needs, providing pre-built or custom templates for tasks such as tracking expenses, planning budgets, monitoring net worth, and more.
It is touted for its flexibility and privacy, as it allows complete control over your financial data without showing ads or selling user data, providing secure, trustworthy service.
What Does Tiller Money Offer?
Tiller Money is a financial management tool offering impressive features designed to streamline your money management and provide a clear picture of your spending and saving habits. Here's the low-down.
Automatic Financial Updates in Spreadsheets
Tiller Money offers a unique and impressive feature where the tool syncs with user's bank accounts, credit cards, and other financial institutions. The economic data is automatically updated in Google Sheets or Excel spreadsheets daily.
This eliminates manual data entries and ensures users access the most current, accurate financial information.
Customizable and Flexible Templates
Tiller Money provides a range of pre-built templates addressing different financial tasks and goals. This could include budgeting, debt tracking, expense tracking, and others. Users are not limited to these templates.
They can also create custom templates or modify existing ones to suit their needs better. This flexibility enables users to tailor their financial tracking according to their preferences.
Spending Trends Dashboard
Beyond the spreadsheet element, Tiller Money also offers a spending trends dashboard. This feature analyzes one's spending over time, providing insightful charts and visualizations.
It helps users see where their money is going, identify problematic spending trends, and find ways to save more money.
Through this feature, Tiller Money assists users in making informed and deliberate financial decisions.
Full Support for Microsoft Excel
Tiller Money provides full support for users comfortable with the Excel environment for money management. It allows automatic updates of financial transactions into Excel spreadsheets.
With Tiller Money, users can have the robustness of Excel's analytical and data management abilities blended with automated, up-to-date financial information.
Comprehensive Financial Tracking
Tiller Money doesn't just focus on one or two areas of personal finance. It offers comprehensive tracking options, capturing everything from income and expenses to investments and debts.
Users can watch their complete financial landscape, promoting more informed financial decisions and better management.
Control Over Spending
Tiller Money provides users with the tools to take control of their spending. The analysis of spending habits over time, alongside a careful budgeting feature, helps users understand where their money is going.
By making spending more transparent, Tiller Money promotes conscious consumerism, allows users to pinpoint areas for improvement, and supports better budgeting habits.
Tiller Money offers a highly customizable platform, a feature that sets it apart from traditional finance managing tools.
Beyond the pre-developed templates, users can manipulate and adapt their spreadsheets to mirror their unique financial situations and goals.
Want to categorize your spending by priority levels? Tiller Money allows you to do so. Interested in breaking down your budget on a week-by-week basis? Tiller offers that flexibility as well.
High customizability means you can build a financial tracking system that aligns with your needs, encouraging optimal financial management.
Ownership of Financial Data
Maintaining the privacy and security of user's financial data is critical. In contrast to many financial tools, Tiller Money does not share, sell, or use the customer's data for advertisement purposes.
Instead, proof of ownership of one's financial data always remains with the user. This ensures that your financial data is always secure and private.
Your financial insights are solely for your use and not open to advertisers or third parties, allowing you to manage your money in a safe, private digital environment.
How Much Does Tiller Money Cost?
It offers a free 30-day trial for new users, enabling them to test and understand the platform's functionalities.
Once the trial period is over, users must pay for the service. As of this writing, Tiller Money charges $79 per year.
For the said cost, users get automatic financial data updates, customizable budgeting and tracking templates, and a highly secure platform for their financial information.
Users can also access Tiller Money Labs, which provides additional free tools, reports, and templates.
The annual fee allows you to sync your financial accounts, categorize transactions, and automate your budget and spend tracking. Plus, they offer a 60-day money-back guarantee if you're unsatisfied with their service.
User Reviews and Ratings
Tiller Money is a personal finance tool that has garnered positive user reviews and ratings. Here are some of the key points and reviews from real Tiller customers:
Top money experts and financial planners recommend Tiller, and media outlets, including Wirecutter, Inc.com, Business Insider, Fortune, Harvard Business Review, and CNBC have recognized it.
Some of the phrases used to describe Tiller include:
- "Intuitive to use"
- "Easiest way to save thousands right now"
- "Best way to budget without going insane"
- "Takes spreadsheets to a whole other level"
- "Spreadsheets + money = a sense of control"
- "Helps you make spending decisions"
- Penny Hawes (Google Marketplace Review, July 3, 2023): "As someone with ADHD who has struggled to get a handle on my finances for years… (decades…), Tiller is a lifesaver! Thank you, Tiller Team!"
- Eric Hatfield (June 23, 2023): "I’ve been using Tiller for a few years. It’s an excellent financial tool! Tiller has templates for just about every need. And you can customize it to fit your situation. Tiller does a great job listening to its users and continually improving its functionality."
- Matt Baldelli (June 22, 2023): "Perfect for my control freak mind. I’ve used many other ways to bookkeeping as a freelancer and budget for my family. I love how Tiller is so customizable and flexible. They keep adding features, and it keeps getting better! No more QuickBooks!"
- Nic Babarskis (June 21, 2023): "The best option for tracking budgets and transactions without sacrificing personal data. The annual subscription is worth it to eliminate services harvesting my data – even if they provide a free service."
- Kiran Bulusu (June 9, 2023): "Best financial management and budgeting tool…Specifically, awesome customer support and the amazing community they built around the tools and community plugins take this product to another level. Overall, I am thrilled with Tiller."
These are just a few of the many positive reviews Tiller has received. The consensus is that Tiller offers a flexible and customizable platform for personal finance management, with a strong emphasis on user-friendly spreadsheets and a supportive community.
How Do I Open An Account?
Opening an account with Tiller Money is a straightforward process designed for simplicity and efficiency. Here, we walk you through it step by step.
- Visit the Official Website: Go to Tiller Money's official website.
- Sign Up or Start Free Trial: A "Sign Up" or "Start Free Trial" button is on the homepage. Click on it.
- Provide Personal Details: Fill in your details, including your email address, and create a password.
- Verify Email: Check your email for a verification link and click on it to verify your account.
- Set Up Payment Details: You might be asked to provide payment details if there's a subscription fee.
- Connect Your Financial Accounts: This step usually involves linking your bank or other financial accounts to the service.
- Customize Settings: Adjust any settings or preferences as needed.
- Start Using the Service: Explore the platform, set up your spreadsheets, and track your finances.
For the exact steps, visit Tiller Money's official website or contact their customer support for guidance.
Is It Safe And Secure?
Tiller Money has outlined its commitment to security and privacy through a 12-Point Security and Privacy Promise. Here are the key points:
- Data Selling & Ads: Tiller doesn't make money by selling your data or showing ads. They do not sell your data to advertisers or third parties.
- Encryption: Your data is protected with bank-grade 256-bit AES encryption, both in transit and at rest.
- Connection to Financial Sources: Tiller uses an API from Yodlee to securely access bank information. Many of the largest US banks trust and use the same API from Yodlee for data aggregation.
- Bank Credentials: Tiller does not see or store your bank credentials. These are encrypted in your browser and passed directly to Yodlee. Tiller is also moving towards open banking, meaning no credentials must be shared for bank data access.
- Data Storage: Your financial data is stored in private Google Sheets or Microsoft Excel spreadsheets. If you cancel your Tiller subscription, all your data remains in your spreadsheet.
- Team Access: No one on Tiller’s team can see your transaction data. They've designed their processes to keep this data encrypted and private.
- Data Collection: Tiller only collects essential data for their core services and restricts private data sharing between internal systems.
- Bank Data Access: Tiller only has read-only access to bank data, meaning they can't move, transfer, invest money, or change their bank accounts.
- 2-Step Verification: Tiller supports 2-Step verification and encourages customers to implement multi-factor authentication.
- Open Banking: Tiller is a leader in open banking, a secure and transparent way to connect financial sources to personal finance services without sharing usernames or passwords.
- Audits: Tiller is audited by third-party security firms and has completed recent security audits.
- Data Deletion: You can quickly request to have your data deleted at any time.
Is Tiller Money Worth It In 2023?
Tiller Money offers a comprehensive financial tool that seamlessly integrates with spreadsheets, updating users' finances daily.
It boasts a clear, ad-free interface with a user-friendly Spending Trends Dashboard, full support for Microsoft Excel, and robust customization options.
Tiller is committed to data privacy, storing financial data in private spreadsheets and ensuring no third-party ads or data sales.
With a commendable 4.8-star rating on Google Workspace and endorsements from top financial experts, it's evident that users appreciate its flexibility and control over financial data.
As an alternative to platforms like Quicken and Mint, Tiller shines with its daily emails, customizable categories, and a free trial to test its features.
If you're seeking a blend of flexibility and control in managing your finances, Tiller Money is a worthy consideration.
My Verdict On Tiller Money Review
After a month with Tiller Money, I appreciate its seamless bank integration and the tailored experience it offers.
The daily email updates are a highlight, providing a clear financial snapshot. There's a learning curve, especially if you're not used to spreadsheets, but once past that, it's intuitive. The control and clarity it brings to my finances justify the monthly fee.
It might not be for everyone, but it's a worthy investment for those who value detailed financial insights and customization. I'll be continuing my subscription.
Tiller Money Alternatives
While Tiller Money offers a comprehensive list of features, it may not fit everyone perfectly. This means you might want to consider alternatives.
Each alternative tool has unique features and varying levels of complexity, making them more or less suitable depending on your needs and expertise.
GnuCash is an open-source financial accounting software. Designed for individuals and small businesses, it allows tracking bank accounts, stocks, income, and expenses in a user-friendly interface. The extensive feature set includes double-entry bookkeeping and scheduled transactions.
Money Manager Ex
Money Manager Ex is another alternative that strives to be straightforward yet powerful. It aims to organize your finances intuitively—highlighting where your money comes from and where it goes—making it easy to control your cash flow.
HomeBank offers detailed reporting tools that help you visualize where your money goes through charts and infographics.
Apart from transaction tracking, it also provides budgeting solutions with remarkable simplicity—a perfect tool if you prefer a clean look without sacrificing functionality.
You Need A Budget (YNAB)
You Need A Budget operates under a unique philosophy: every dollar has a job. This approach ensures you are accountable for how each penny is spent or saved, which goes far in achieving financial wellness.
MoneyWallet is an Android app that serves as an expense manager designed to simplify money management with features including transaction recording, budgeting, account balance tracking, and data import/export, providing easy accessibility on the go.
Google Workspace, including Google Sheets, facilitates custom expense tracker creation. Its flexibility lets you tailor spreadsheets however suits best for managing budgets—though this requires some deliberation, unlike the pre-set templates available in dedicated applications like Tiller Money.
A timeless tool for managing finances—Microsoft Excel—is versatile in budgeting, expense tracking, and financial planning. Though it can take some expertise to use efficiently, its rich features offer endless possibilities for customization.
Quip combines team collaboration with document and spreadsheet functionalities, making it a practical choice for shared budgets or small team accounting needs.
You can create spreadsheets, track expenses, and share data with your team all in one place.
For those wanting a free office suite, LibreOffice is worth considering. It includes 'LibreOffice Calc,' a spreadsheet program similar to Excel or Sheets where you can create custom calculators budget and expense tracking spreadsheets.
For Apple users, Numbers proves to be a strong contender in the digital budgeting world with its visually appealing interface.
It offers various templates to manage personal finances—intuitive enough for newbies but still versatile enough for experts.
Cashews for iOS & Android
Cashews are specially crafted for mobile use where you can manage your finances on the go—an excellent choice when you need quick check-ins with your financial health.
With intuitive interface design and practical features like real-time alerts, managing finances becomes much more manageable.
Team Penny is an AI assistant dedicated to making personal finance management more comfortable and practical.
From building budgets to managing expenses—it provides insightful suggestions crafted especially according to your spending habits.
Lunch Money is a user-friendly budgeting platform that integrates with banks efficiently and provides detailed investment portfolio insights—all aimed towards empowering users towards better financial control.
FAQs About Tiller money review
Is Tiller Money worth the price?
Given its comprehensive features like automatic financial updates and customizable templates, many users find Tiller Money a valuable investment for managing personal finances efficiently.
How secure is Tiller Money with my financial information?
Tiller Money uses bank-grade encryption and security measures. They operate on a read-only access basis, meaning they can't move your money.
Is it easy to set up and start using Tiller Money?
Yes, setting up Tiller Money is pretty straightforward. You connect your financial accounts, select a template, create your own, and track your finances.
Can I export data from Tiller Money?
Absolutely! One of the great features of Tiller Money is that you can export your transactions and balances to Excel or CSV.
Does the company offer any customer support for Tiller Money users?
Yes! Platform users have praised its customer service team for quick response times and solutions to their issues or inquiries.
As we wrap up this review, it's clear that Tiller Money offers financial tracking capabilities unmatched by a typical budgeting app.
Its customizable nature, automated updates, thorough transaction categorization, and unparalleled customer support make it a popular choice.
While alternatives exist that deftly cater to the diverse needs of personal financial management, Tiller Money's way of integrating granular control with spreadsheets remains unique.
Tiller Money could be an excellent solution if you're looking for an approach to managing your economic life with greater autonomy and precision.
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- Customized Templates
- Real-time Updates
- Detailed Reports
- Budget Goals
- Integrated with Google Sheets
- Import Transactions
- Categorize Transactions
- Stats & Charts
- Budgeting for Specific Purposes
- Team Budgeting
- Manage Your Transactions
When it comes to budgeting, Tiller Money has always been a step ahead of the curve. With its latest update, Tiller Money takes budgeting to the next level, making it easier than ever to keep track of your finances.
One of the biggest changes in Tiller Money is the introduction of budget goals. This makes Tiller Money easier than ever to use because you can set preset goals that Tiller will alert you when you're in the danger zone.
Tiller's new Goals feature is perfect for tracking automatic expenses like car insurance. For example, Tiller lets you know when your car insurance bill is due so you'll never miss a payment - Tiller will even remind you a few days before the bill is due so you have plenty of time to get it paid.
Tiller Money also includes new budgeting categories, like 'Savings & Investments'. This category makes it easy to keep track of your 401(k) contributions, IRA contributions, and more. Tiller Money has always been the easiest way to track your budget, Tiller Money takes it to the next level.
What Does Tiller Money Offers?
Tiller Money is a web-based application that helps you to manage your budget by providing an automatic way to import your transactions from your bank account and categorize them.
Tiller Money also provides helpful graphs and charts to show how your spending changes over time. Tiller Money offers:
Tiller Money offers a variety of pre-made templates to help you get started with budgeting, or you can create your own custom template. For instance, you could create a template for your specific income and spending goals.
Your transactions are automatically updated as soon as they appear in your bank account, so you always have the most up-to-date information.
Tiller Money provides detailed reports that show how your spending changes over time. You can use these reports to help you make informed decisions about your budget.
Tiller Money's new budgeting feature, Budget Goals, helps you to stay on track with your spending by setting alerts for specific expenses. Tiller will notify you when you're getting close to your budget limit for a particular goal, so you can take action to stay within your budget.
Integrated with Google Sheets:
Tiller Money integrates with Google Sheets, so you can easily view and analyze your budget data in a variety of ways. Tiller Money also allows you to share budget data with others.
Tiller's integration with Google Sheets makes Tiller Money the perfect solution for managing your budget in a team environment.
Tiller Money automatically imports your transactions from your bank so you don't have to enter them manually.
Tiller Money automatically categorizes your transactions for you, so you don't have assigned categories. Tiller also provides helpful rules to help Tiller Money categorize your transactions for you. For instance, Tiller categorizes transactions according to merchant name, merchant category, and more.
Stats & Charts:
Tiller Money generates useful charts and graphs for your budget, like Pie Charts, Line Graphs, etc. For example, Tiller Money can chart your weekly income and spending, so it's easy to see how your budget is changing over time.
Tiller also shows you where your outlays for the month went so you can easily analyze your spending habits. Tiller Money has powerful stats and graphs that show what percentage of your overall budget each category accounts for, which categories have the highest and lowest spending, and more.
Budgeting for Specific Purposes:
Tiller Money is perfect for budgeting for specific purposes, like saving for a car or a house. Tiller Money's pre-made templates make it easy to get started with budgeting for a specific purpose.
Tiller Money allows you to share your budget data with others, so everyone in your family or team can stay on top of the budget. Tiller's integration with Google Sheets makes it easy for multiple people to view and analyze your budget data.
Manage Your Transactions:
Tiller Money lets you edit/delete/re-categorize transactions. Tiller Money also offers the ability to add new categories and rules or delete old ones that no longer apply. Tiller Money is a web-based application that requires no downloads.
How does Tiller Money work?
Tiller Money automatically imports your transactions from your bank, so Tiller Money knows exactly how much money you have coming in and going out.
Tiller Money analyzes this data to help you manage your budget by providing helpful graphs, stats, templates, etc. Tiller Money's automatic importing of your transactions also makes Tiller Money the perfect solution for working in a team environment.
\Tiller Money offers many features (detailed above) to help you manage your budget better, like Tiller Money's pre-made templates and Tiller Money's customizable rules.
Additionally, Tiller Money helps you stay within your budget by setting alerts for specific expenses. Tiller will tell you when you're getting close to your budget limit for a particular goal, so you can take action to stay within budget. Tiller Money's new feature, Budget Goals, is a great way to stay on track with your spending.
What are the advantages of Tiller Money?
Tiller Money is a web-based app, Tiller Money automatically imports your transactions from your bank. Tiller Money offers many features to help you better manage your budgets, like Tiller Money's pre-made templates and Tiller Money's customizable rules.
Tiller Money also offers great support for working in a team environment. Tiller Money is available in the United States. Additionally, Tiller Money helps you stay within your budget by setting alerts for specific expenses.
Tiller will tell you when you're getting close to your budget limit for a particular goal, so you can take action to stay within budget. Tiller Money's new feature, Budget Goals, is a great way to stay on track with your spending.
Tiller Money is also a great way to save for specific purposes, like a car or a house. Tiller Money's pre-made templates make it easy to get started budgeting for a specific purpose.
Last, but not least, Tiller Money has powerful stats and graphs that show what percentage of your overall budget you're spending in each category. This information can be used to make informed decisions about where to allocate your money.
What are the disadvantages of Tiller Money?
Tiller Money is a web-based application, so Tiller Money doesn't support multi-factor authentication. Tiller Money also doesn't let your bank directly into Tiller Money.
Tiller Money only supports the following banks: Ally Bank, Capital One 360, Charles Schwab, Chase, Citibank, Discover, Fidelity Investments®, Fifth Third Bank, First Republic Bank, HSBC, Huntington, KeyBank, MetaBank®, M&T Bank, Morgan Stanley Smith Barney, PNC and USAA. Tiller Money is also only available in the United States.
Who should use Tiller Money?
- Tiller Money is a great choice for anyone who wants to better manage their budget.
- It is especially helpful for people who want to work in a team environment.
- It is also a great choice for people who want to save for specific purposes. Tiller Money's pre-made templates make it easy to get started budgeting for a specific purpose.
- Tiller Money is also helpful for people who want to see powerful stats and graphs that show what percentage of your overall budget you're spending in each category. Tiller Money's powerful stats and graphs can be used to make informed decisions about where to allocate your money.
- Tiller Money is a great choice for people who want to save more money by using Tiller Money to track their expenses.
Is Tiller Money safe to use?
Yes, Tiller Money is safe to use. Tiller Money employs bank-level security measures to protect your data. Tiller Money also encrypts all of your data using 256-bit encryption.
Additionally, Tiller Money is a verified app on the Google Play store and the Apple App Store. Tiller Money also has an A+ rating from the Better Business Bureau.
Is it worth using Tiller Money?
Yes, Tiller Money is worth using. Tiller Money offers many features to help you better manage your budgets. Tiller Money also offers great support for working in a team environment. Tiller Money is available in the United States.
Alternatives of Tiller Money:
YNAB or You Need A Budget, is an app that helps you budget your money. You Need A Budget (YNAB) is a four-step program based on the principles of living as you mean it.
YNAB helps people take control of their money, save more and live within budget by giving them 6 months to test drive the system for free. After that, they can subscribe to the service at $4 per month or buy one year upfront for $49.
The company has helped over 1 million families get out of debt faster than ever before without any gimmicks or tricks, so if you’re ready to take back your financial life today with affordable tools and personalized coaching from their team members.
Mint is a web-based application that helps you track your finances. Mint is a free, personalized money manager that helps you get your finances in order.
Mint's intuitive interface and powerful software make it easy to track expenses and see where your money goes. Plus, they're here for you every step of the way with insightful tips and educational articles about credit cards, taxes, saving more, and so much more.
Personal Capital is a software company that helps people manage and grow their wealth. Personal Capital's mission is to make financial planning accessible, easy, and understandable for everyone.
\With more than five million clients from around the world, our mobile-first platform offers free investing advice from award-winning financial advisors who are available 24/7.
Personal Capital also provides comprehensive data on all of your investments in one place so you can track them over time with just a few taps on your phone or tablet.
Tiller Money is the best choice for budgeting. Tiller Money offers many features that make budgeting easier, including pre-made templates and powerful stats and graphs.
Tiller Money also provides great support for working in a team environment, making Tiller Money a good choice for people who want to work in a team when managing their budgets.
Tiller Money is available in the United States. Tiller Money helps people manage their budgets better.