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Expense tracking

ShowMeMoney ✓

AI-powered expense tracking for smarter spending

Source rating 4.7 (13) 5.7k views 65 saves 3 comments Free Trial
Expense Tracking Automation Spending Optimization
More categories (4)
Financial Management Budget Management Categorization Expense tracking
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Trial; then from $3.99/mo

Verdict

A quick read before you dig into the full page.

Best if
You are individuals and need: Tracking personal expenses to identify overspending areas
Skip if
No free tier available
Pick this when
Smart Add feature

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Overview

ShowMeMoney is an AI-powered expense tracking tool that optimizes spending and saving behaviors. It leverages OpenAI functionality to automate the processing and categorization of financial data, effectively reducing time and effort of end users.

Its core features include Smart Add, which processes and categorizes financial data from a variety of inputs such as plain text and bank statements and Auto Sync, which connects to the user's bank to automatically import transaction data across all accounts, eradicating the need for manual input.

The tool provides a series of visualizations, from line charts to pie charts, for users to understand spending trends. Expenses can be organized by categories, months, and labels, resulting in improved management and tracking of spending across different periods and purposes.

To prevent overspending, the tool sends email notifications when users approach their budget limits and provides options for users to connect to their bank.

Additionally, ShowMeMoney offers both subscription and one-time payment plans. The integration with banks is an optional feature and is powered by Plaid, a secure and compliant platform.

Users concerned about privacy can track expenses manually or use Smart Add. Despite its advanced capabilities, ShowMeMoney maintains a user-friendly approach, avoiding unnecessary feature complexity.

ShowMeMoney website

Best for

Short scenarios where ShowMeMoney tends to shine.

  • Tracking personal expenses to identify overspending areas.

    Best for Individuals

  • Categorizing business expenses for tax purposes.

    Best for Freelancers

  • Visualizing spending habits to make informed financial decisions.

    Best for Small business owners

  • Setting budget limits and receiving notifications to avoid overspending.

    Best for Individuals

Example outputs 1

Sample generations and before/after results for ShowMeMoney.

ShowMeMoney screenshot
ShowMeMoney screenshot ShowMeMoney website

Access & connections

Where you can use ShowMeMoney.

Platforms

Web

Pros & cons

Pros

  • Smart Add feature
  • Auto Sync function
  • Automatic financial data categorization
  • Automatic import of transactions
  • Multiple visualization options
  • Expense organization by categories, months, labels
  • Email notifications for budget limits
  • Integration with banks via Plaid
Show 11 more
  • Option for manual expense tracking
  • User-friendly interface
  • Subscription and one-time payment options
  • Respects user privacy
  • Affordable plans
  • Straightforward visualizations
  • Usage without bank account connection
  • Secure platform
  • 48-hour free trial
  • 7-day refund policy
  • Future feature access with purchase

Cons

  • No mobile application
  • Limited visualization types
  • No real-time support
  • Requires bank data integration
  • Over-reliance on email notifications
  • No free tier available
  • No offline functionality
  • Non-customizable UI
Show 2 more
  • Dependent on Plaid platform
  • No savings goal functionality

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Releases 1

Initial release October 24, 2024 Current
Initial release of ShowMeMoney.

Imported reviews 3

5★
12
4★
0
3★
0
2★
0
1★
1
Layla Nov 7, 2024 v@ initial release

The Auto Sync and Smart Add combo is perfect

Magnus Nov 7, 2024 v@ initial release

I love the idea, so simple but also useful

Zay Nov 5, 2024 v@ initial release

Exactly what I've needed my whole life!!!

FAQ 12

How does ShowMeMoney use AI to track expenses?
ShowMeMoney uses AI to track expenses by leveraging OpenAI functionality. This allows the tool to automate the processing and categorization of financial data. This effectively reduces the time and effort required by users to monitor and organize their spendings.
What is the 'Smart Add' feature on ShowMeMoney?
The 'Smart Add' feature in ShowMeMoney is an AI-powered tool that processes and categorizes financial data from multiple inputs, including plain text and bank statements, automating the data input process for easier expense tracking.
What is the 'Auto Sync' feature in ShowMeMoney?
The 'Auto Sync' feature in ShowMeMoney allows users to connect to their bank account to automatically import transaction data across all their accounts, eliminating the need for manual inputs and enabling real-time expense tracking.
How does ShowMeMoney visualize spending data?
ShowMeMoney visualizes spending data through a variety of interactive visualizations such as line charts, bar charts, and pie charts. These give users clear and comprehensive views of their financial trends over time, assisting in better understanding and managing their spending habits.
Can ShowMeMoney help me manage my budget?
Yes, ShowMeMoney can help manage budgets. It provides options for users to connect to their bank and sends email notifications when users approach their budget limits. This ensures that the user stays aware of their spending and prevents any potential overspending.
Does ShowMeMoney send notifications for budget limits?
Yes, ShowMeMoney sends notifications when users are nearing their preset budget limits. Users can set up these notifications to keep track of their spending and ensure they stay within their set budgets.
How secure is my data with ShowMeMoney?
Your data is secure with ShowMeMoney. The tool uses Plaid, a secure and compliant platform, to connect to your bank account. The connection only accesses your transaction history for the auto sync feature, and does not have access to any other financial information. Moreover, only the transactions you choose to save are stored.
What are ShowMeMoney's payment plans?
ShowMeMoney offers both subscription and one-time payment plans for users. Users can choose to subscribe yearly at $3.33 per month, or pay a one-time lifetime fee of $69.99.
Is it necessary to integrate my bank with ShowMeMoney?
No, integrating your bank with ShowMeMoney is not necessary. Users can track their expenses manually or use the 'Smart Add' feature without having to connect their bank account. Bank integration is an optional feature offered for user convenience.
What additional features does ShowMeMoney offer with a subscription?
When you subscribe to ShowMeMoney, you get access to all of its features. This includes Smart Add, Auto Sync, budget notifications, charts and visualizations, and organization tools. You also gain access to any features that will be added in the future.
Can Smart Add process data in plain text format?
Yes, ShowMeMoney's Smart Add can process financial data in plain text format. This means you can input financial information as plain text and the AI will process and categorize it, automating the data input process for easier expense tracking.
Is ShowMeMoney user-friendly for people with no tech background?
ShowMeMoney is indeed user-friendly for people with no tech background. The platform maintains a user-friendly approach and avoids unnecessary feature complexity, ensuring users have an easy time navigating and operating the tool.
ShowMeMoney Trial; then from $3.99/mo
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