Tiller Money Review 2022: Financial Planning Made Easy
By: Bob Haegele | April 5, 2021 |
In a nutshell: Tiller Money is a financial planning and budgeting platform. It uses automatic data population and customizable budget sheets for a seamless, yet tailored approach to budgeting.
Tiller uses spreadsheets to compile your financial information into either Google Sheets or Microsoft Excel.
Service Type | Fees | Promotion |
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Personal finance & budgeting | $79/year | 30-day free trial |
Are you looking for a better approach to budgeting? Are spreadsheets alone just not enough? These concerns are what Tiller Money looks to address.
Pros & Cons
Pros
- Financial information is pulled automatically
- Template spreadsheets
- Quick daily activity summaries
- 30-day free trial
Cons
- No investment tools
- Works only on Google Sheets and Excel
Compare to Other Budgeting Tools
LEARN MORE |
Service TypePersonal finance & budgeting |
Fees$79/year |
Promo 30-day free trial |
LEARN MORE |
Service TypePersonal finance & budgeting |
Fees$9.95 - $19.95/month |
PromoNone |
LEARN MORE |
Service TypeAutomated saving & budgeting |
Fees$0 - $99/year |
Promo14-day free trial |
Full Tiller Money Review
Tiller Money feeds offer an easy way to aggregate your financial information all in one place. Template spreadsheets are available, so you don’t need to know how to use Excel or Google Sheets to take advantage of it.
Tiller Money is best for:
- Diligent budgeters
- Those who prefer spreadsheets to app budgeting
- Those who like to have all their financial info in one place
Are you a spreadsheet nerd or just looking for an easy way to manage your finances? Tiller keeps track of your spending and provides daily and monthly reports on your financial activity.
Read more of our Tiller Money review to find out more about how it works.
What is Tiller Money?
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Peter Polson founded Tiller in 2014 in Seattle, Washington. It has recently expanded from just Google Sheets to include Microsoft Excel.
The simplest way to use Tiller Money is to utilize the Tiller Money Foundation Template. Financial data is automatically pulled into the spreadsheet. You can track your transactions, current balances, and set monthly/annual budgets. You can fully customize your spreadsheet to suit your needs.
It takes only a few minutes to connect all your accounts and Tiller will handle the rest.
Tiller Money Features
Our review on Tiller Money believes that the features offered are sufficient for the average person to track their finances and get into budgeting. Although it lacks advanced features, such as bill paying and investment tracking, the majority of people will benefit from using Tiller to manage their finances.
Automatic Data Population
Once you connect your accounts to Tiller, the rest of the process happens automatically. Check back every so often for the latest data on your finances. Tiller can link to more than 10,000 different institutions.
By connecting your accounts, you don’t give Tiller access to your accounts, so security isn’t an issue. Two-factor authentication via Google Sheets adds an additional layer of data security, however.
Create a Budget Sheet
If you’re struggling to make a budget, Tiller provides a fully customizable budget sheet. You can customize different income and expense categories, as well as manage multiple time frames, such as monthly and quarterly.
Categories can be hidden from your budget. There are no formulas required to get it up and running.
Daily Email Summaries
You don’t need to revisit Tiller Money to find out about your finances. Users can set up a daily email summary, which details the latest balances on your accounts and any transactions you’ve made. This prevents you from receiving any unpleasant surprises when you check your finances.
Tiller Money Pricing
Most reviews on Tiller Money praise it for its approach to pricing. There’s only one membership plan with Tiller, and it gives you access to all features.
There are no hidden Tiller Money fees, so once you pay you have full access for your entire subscription period.
There’s also a 30-day free trial available for people who want to try out the platform before committing to the $79/year subscription.
Tiller Money FAQ
Here are the answers to some of the most common questions people have about using Tiller Money to manage their finances.
Do I Need to Know Spreadsheet Formulas to Use Tiller Money?
No. Their approach to automatic data population and the fact you can use default spreadsheet templates means you don’t need any knowledge of formulas to get the most value from the platform.
Can I Manage My Investments Through Tiller Money?
No. Tiller Money offers no support for investments. While it’s possible to manually add this data via their spreadsheets, you won’t be able to connect Tiller with your brokerage accounts.
Is My Personal Information Safe With Tiller Money?
Yes, Tiller uses the Yodlee platform to collect and aggregate financial data. There are no advertisements on Tiller, so your data will never be sold or shared with advertisers.
The platform as a whole is fully protected with the same level of encryption as banks.
When using Google Sheets, two-factor authentication can be enabled to offer additional security.
Is Tiller Money Right for You?
Reviews on Tiller Money praise the platform for its simplistic approach to financial management and budgeting. We believe that while it’s perfect for the average person, regular investors and people planning for retirement may want to consider other platforms.
For people getting into budgeting and personal finance for the first time, this is a simple solution that offers value for money.
Overall, we highly recommend Tiller Money for budgeting and managing your finances.
Check out Tiller Money and take advantage of their 30-day free trial now.
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