Overview
Your Spending Plan is a simple way to budget by organizing your income, bills, subscriptions, spending targets, and savings in one place. It shows how much you have left to spend after your main expenses and updates automatically as transactions come in, helping you stay on track throughout the month.
How Does It Work?
Your Spending Plan uses recurring items—like income, bills, and subscriptions—to organize your finances. When you connect your accounts, Quicken Simplifi reviews your past transactions to identify these patterns and build a plan based on them. You can review and update the plan anytime to make sure it fits your needs.
Set up your Spending Plan
Hover over the left panel and click Spending Plan.
Click See how it works, then click Next.
Click Get Started, then click I am ready.
The Spending Plan organizes your month into key sections that track your income and spending.
Income includes both received and expected income, primarily from recurring transactions (non-recurring income is excluded by default, but can be included if needed).
In the Spending Plan tab, click Income.
Click Continue.
Simplifi will identify recurring income. Select what you want to include, then click Add Income.
You’ll then see the option to add non-recurring income. Click Continue.
Choose how you’d like to handle future non-recurring income, then click Finish.
Bills cover recurring expenses like utilities, subscriptions, and loan payments.
In the Spending Plan tab, click Bills.
Click Continue.
Simplifi will identify recurring bills. Select what you want to include, then click Add Bills.
Planned Spending lets you budget for flexible expenses such as groceries, dining, or upcoming purchases.
In the Spending Plan tab, click Add Planned Spend.
Click Continue.
Enter a name, target amount, and select a category.
Enter a rollover remaining balance.
Click Create.
Other Spending tracks unplanned expenses as they occur, giving you a real-time view of additional spending.
In the Spending Plan tab, click Other Spend.
Click +Transaction.
Enter the payee, date, amount, account, and select a category.
Click Create.
Goals incorporate contributions to help ensure money set aside for the future isn’t spent.
See our article to learn how to create a Savings Goal.
Left This Month shows how much you have remaining after all income and expenses are accounted for—your true available balance for the month.
If you have any questions about Quicken Simplifi, our support team is here to help.