Tiller Money vs Quicken: Which Budgeting Tool Is Best?
OneBrowsing
(Reviews: 250)
Est. users: 50K
Price Ranges: $6 - $9
(Reviews: 15K)
Est. users: 2M
Price Ranges: $34.99 - $49.99 - $74.99
Tiller Money vs Quicken
Tiller Money and Quicken are both personal finance tools, but they differ in their approaches and features. Tiller Money focuses on automating and organizing financial data using spreadsheets, offering flexibility through Google Sheets or Microsoft Excel for users who prefer customizable reports. Quicken, on the other hand, is a more traditional software providing comprehensive financial management, including budgeting, bill tracking, and investment monitoring, through a dedicated application interface with robust pre-built features.
Tiller Money
- Google Sheets integration
- Automatic financial data updates
- Subscription-based pricing
- Customizable spreadsheets
- Focus on budgeting
- No mobile app available
Key Differences
-
User Interface
Tiller Money offers a spreadsheet-based interface that integrates with Google Sheets, providing customizable templates for tracking finances. Quicken has a more traditional standalone application interface with built-in features and visualizations.
Winner: Its a tie
-
Customization
Tiller Money is highly customizable through its Google Sheets integration, allowing users to modify templates and create bespoke financial tracking systems. Quicken provides some flexibility but generally has more predefined categories and reports.
Winner: Tiller Money
-
Automation
Quicken offers robust automation features including automatic categorization of transactions and bill tracking. Tiller Money offers automation for importing transactions into Google Sheets but requires manual setup for advanced features.
Winner: Quicken
-
Cost
Tiller Money operates on a subscription model that can be more affordable for users who only need core features. Quicken offers both subscription-based and one-time purchase options but can be more expensive overall for comprehensive features.
Winner: Tiller Money
-
Platform Availability
Quicken is available as a desktop application for Windows and Mac, with associated mobile apps. Tiller Money works within the Google Sheets ecosystem, making it accessible from any device with internet access.
Winner: Its a tie
-
Ease of Use
Quicken has a more guided setup and built-in functionalities that require less initial setup, making it more user-friendly for those looking for a ready-to-use solution. Tiller Money demands more setup time for Google Sheets customization, which may be challenging for some users.
Winner: Quicken
-
Data Control and Privacy
Tiller Money's reliance on Google Sheets allows users more control over their data since it is stored within their Google account. Quicken stores financial data in its own ecosystem, which might raise privacy considerations for some users.
Winner: Tiller Money
Distinct Features
Tiller Money | Quicken |
---|---|
Integrates with Google Sheets and Microsoft Excel for customizable budgeting and tracking | Standalone desktop application with a comprehensive personal finance management interface |
Automated daily import of bank transactions directly into spreadsheets | Investment tracking with the ability to handle complex portfolios and detailed performance reports |
Highly customizable templates allowing for personalized financial tracking | Bill management and payment directly through the application |
Focus on spreadsheet management without a standalone application | Robust set of budgeting tools integrated directly into the software |
Subscription-based service with a focus on privacy (no ads, no selling of data) | In-depth reporting and analysis features built into the platform |
Mobile app for on-the-go access to financial data |
Pricing Overview
Tiller Money
- Starter Plan ($6) - Individuals looking to track and manage their personal finances efficiently
- Premium Plan ($9) - Users seeking advanced financial tracking and planning features
Quicken
- Starter ($34.99) - Ideal for individuals or households with basic financial needs
- Deluxe ($49.99) - Suitable for users looking for more comprehensive financial management
- Premier ($74.99) - Designed for users with complex investment portfolios and tax considerations
Indepth Overview
Tiller Money | Quicken | |
---|---|---|
Budgeting Software | ||
Spreadsheet Integration | ★4.5 - Seamless Google Sheets integration for customizable budgeting. | ★3.0 - Limited integration options, primarily a standalone application. |
Automated Transactions | ★4.0 - Automatic syncing of bank transactions to spreadsheets. | ★4.5 - Automatic import of transactions from many banks. |
Customizable Templates | ★4.0 - Variety of templates for personalized financial tracking. | ★4.3 - Various financial reports, but less spreadsheet flexibility. |
Real-time Updates | ★4.2 - Real-time data updates from linked accounts. | ★3.8 - Updates occur at specific intervals rather than in real-time. |
Data Ownership | ★5.0 - Users own their data completely unlike cloud-stored options. | ★4.0 - Data is stored locally, but also on the cloud. |
Expense Tracking | ||
Transaction Categorization | ★4.7 - Highly customizable categorization through sheets. | ★4.3 - Automatic categorization based on transaction history. |
Mobile App Availability | ★3.5 - No dedicated app; functionality through Google Sheets. | ★4.0 - Standalone app available for both iOS and Android. |
Expense Reports | ★4.0 - Generate detailed reports easily via spreadsheets. | ★4.2 - Comprehensive reporting features built into the software. |
Alerts and Notifications | ★2.5 - Lacks built-in alert system for budget limits. | ★4.5 - Custom alerts for bill due dates and budgets. |
Collaboration Features | ★4.0 - Share spreadsheets with others for collaborative budgeting. | ★3.0 - Limited collaboration features; primarily personal use. |
Investment Tracking | ||
Investment Tracking Capability | ★3.5 - Basic investment tracking through manual setup. | ★4.5 - Strong investment tracking with automatic updates. |
Portfolio Performance Reports | ★3.0 - Requires manual creation of performance reports. | ★4.0 - Detailed performance reports generated automatically. |
Asset Allocation Tools | ★2.5 - Limited tools for managing asset allocation. | ★4.2 - Helpful tools for managing and analyzing asset allocation. |
Real-time Market Data | ★2.0 - No direct access to live market feeds. | ★4.0 - Provides access to live market data for equities. |
Linking Investment Accounts | ★3.0 - Manual feeding of investment data necessary. | ★4.5 - Automatically links to investment accounts for tracking. |
Reports & Analytics | ||
Types of Reports | ★4.0 - Users can create custom reports via Google Sheets. | ★4.8 - Comprehensive reports for budgeting, net worth, and taxes. |
Data Analysis Tools | ★3.5 - Limited analysis tools compared to traditional software. | ★4.5 - Advanced analysis tools built into the software. |
Historical Data Access | ★4.0 - Historical data available via spreadsheets. | ★4.5 - Maintains a robust history of all transactions. |
Visualizations | ★4.5 - Utilize Google Sheet functions for visualizations. | ★4.0 - Good visual aids and charts for financial analysis. |
Custom Reports | ★5.0 - Allows complete flexibility in report creation. | ★4.2 - Allows some degree of customization in reporting. |
Support & Resources | ||
Customer Support | ★4.0 - Email support with a robust FAQ section. | ★3.5 - Limited support options with longer wait times. |
Community Forum | ★4.2 - Active user community for tips and advice. | ★4.0 - Strong community forum with active participation. |
Tutorials and Guides | ★4.5 - Extensive resources on getting started and advanced use. | ★4.2 - Excellent resources for beginner and advanced users. |
Webinars and Workshops | ★4.0 - Occasional webinars available for users. | ★3.5 - Rarely scheduled webinars for users. |
Documentation | ★4.3 - Well-maintained documentation available online. | ★4.0 - Comprehensive documentation available online. |
Comments