Seeking a financial management instrument that empowers you to mold and manage your fiscal data to your liking? Is Excel your go-to playground for data management? Enter Tiller Money.
This tool automatically fills your Google spreadsheet or Excel workbook with your monetary transactions and balances, handing you the reins to control the data in whatever way fits your fancy.
Intrigued by what Tiller Money could mean for your financial management routine? Here’s a detailed Tiller Money review for your perusal.
What is Tiller Money?
Tiller Money is a clever tool designed to transport transactions and account balances into a spreadsheet on Excel or Google Sheets. This provides a comprehensive view of your financial life, neatly organized in one space.
Peter Polson established Tiller in 2014 in Seattle, Washington, and it has since expanded its wings from exclusively serving Google Sheets to accommodating Microsoft Excel.
The straightforward way to operate Tiller Money is via the Tiller Money Foundation Template. It automatically pulls financial data into the spreadsheet, helping you track transactions, current balances, and spending habits and set monthly/annual spending budgets.
With full customization at your fingertips, tailoring your spreadsheet to fit your needs is a breeze. With a few clicks, you can connect all your accounts (bank, savings, and other financial accounts) and leave the rest to Tiller.
Features of Tiller Money
- Free And Customizable Templates
Tiller’s base installation includes a “Foundation Template” as a comprehensive dashboard. It displays your top 10 income and spending sources, budget, net worth, etc. Note this template is exclusively a Google Sheet.
Tiller brags incredible flexibility beyond the “Foundation” template, allowing you to design or adjust the spreadsheet. The company also grants access to many templates lovingly crafted by Tiller Community members.
Whether you’re keen to track net worth progression or formulate a budget based on last month’s income, Tiller has you covered. It’s the ultimate DIY tool for finance aficionados.
- Bank Synchronization and Transaction Categorization
Tiller simplifies things, unlike the traditional spreadsheet-based budgets that demand manual entry and intensive labor. It can sync with over 21,000 financial institutions, automatically pulling all your financial transaction data.
To use this time-saver, you must add the “Tiller Feeds” add-on for Google Sheets or Excel. This add-on comes pre-installed in the Tiller Foundation template accessible from your Tiller Console.
Tiller’s “AutoCat” feature offers complete customizable auto-categorization inside Google Sheets. The customization options are highly advanced, especially compared to other budgeting tools.
- Automatic Data Filling
When you tether your accounts to Tiller, it takes over, transforming the subsequent procedures into a series of automatic actions. Swing by occasionally to peruse the freshest data and budgeting summaries.
Its expansive connectivity allows Tiller to access over 10,000 distinctive financial establishments, including industry giants like Bank of America and Capital One.
- Create a Budget Sheet
Tiller Money excels in providing high-quality budgeting, debt payoff, and financial independence sheets. But the crowning jewel is its unparalleled flexibility. Users can craft and connect up to five sheets at a time.
For instance, you could use one spreadsheet for personal budgeting, another for business budgeting, and another for tracking your net worth.
- Daily Email Summaries
With Tiller, you don’t need to frequently check in to keep tabs on your finances. Users can opt for a daily email summary outlining the most recent account balances and any transactions made. This can help you avoid any unexpected shocks when you review your finances.
Tiller Money Pricing
Tiller Money is well-regarded for its straightforward pricing strategy. There’s only one membership plan with Tiller, and it gives you access to all the features mentioned above, along with the following:
- Weekly webinars
- Budgeting templates
- Bank-grade 256-bit encryption
No hidden costs to worry about. Once you’ve paid, you enjoy full access for your entire subscription period. A 30-day free trial is also available for folks who want to give Tiller Money a whirl before committing to the $79/year subscription. Also you can check out our review on Tiller Money vs Mint, to see the difference in pricing in these services.
Pros of Tiller Money
- Automatic financial data aggregation
- Budgeting templates
- Daily transaction summaries
- 30-day trial
Cons of Tiller Money
- No investment tools
- Operates only on Google Sheets and Excel
Final Verdict – Is Tiller Money Worth It?
Tiller Money offers a fresh and appealing approach to personal finance management, particularly for those who relish hands-on financial management.
By seamlessly integrating with Google Sheets and Excel, it employs familiar tools to enhance your financial management.
Its strengths are simplicity, flexibility, and automation. With daily automatic updates, customizable categories, and a unified view of all your financial information, Tiller provides a holistic and streamlined system for managing your finances.
Tiller is a superb tool for spreadsheet-loving budgeters, merging the best of manual and automated budgeting. It allows you to maintain control and customize a spreadsheet while doing away with the tedious task of manual data entry.
While it may not be the first choice for those seeking advanced features such as investment tracking or specific debt payoff tools, Tiller still brings value.
It provides a clear overview of your financial situation and the tools required to effectively manage your money.
