by Conner Cousins, Product Manager at Simple

Our most requested feature has arrived!

Introducing automated Simple Expenses. So you can show your bills who’s boss, and get ahead of the money game with recurring goals.
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We’ve all heard we should budget for monthly expenses. And yes, budgeting is one of the leading predictors of whether or not someone is “financially healthy”. But let’s face it – it’s boring.

With Simple Expenses, you can now automate the busy work of staying on top of your recurring bills. Think rent, groceries, the water bill. After the first set-up, money for your budgets and bills is automatically tucked away for you, so you can spend with confidence, knowing your must-haves are covered. And you can start saving for your actual Goals (hello, Argentina).

Start an Expense!

Expenses UI

Here’s what’s cool about Expenses

Today’s paycheck is for tomorrow’s Expenses

Financial confidence stems from knowing you’re covered for your most important costs. Each dollar tucked into Expenses is meant for your upcoming bill or budget, whether that’s next month’s rent or next week’s grocery budget. This practice of getting ahead comes highly recommended. But we know … It can definitely be a challenge to get into this pattern. Expenses are designed to help nudge you in the right direction though.

Give your money meaning

Payday feels better when your money has a purpose. With Simple’s Expenses, money is tucked away into labeled buckets, the moment you get paid. No more gut feelings or guessing games. You can wake up knowing your money is exactly where it should be.

A budget should be followed, not managed

Everyone deserves a balanced budget. Expenses is designed to automate the monotony of recreating your budget each month. When the manual work of maintaining a budget goes away, you get more time in your day to focus on the fun stuff.

Expense detail - Coming up

Three steps to get started with Expenses

Add your Expenses Toss in any regular bill that you pay.

Set up a Funding Schedule Expenses works best with regular funding. Make sure your paycheck is deposited into Simple.

Move your bills An easy step to miss, but make sure your bills are set to debit your Simple account. If the biller only accepts account numbers, you can find your numbers here.

And a video to help explain the ins and outs

That’s it. Your automated Expense is now set up! So what are you gonna do with all this free time now?

Save time. Start an Expense!

Interested in getting started with Simple? Apply now!

Disclaimer: Hey! Welcome to our disclaimer. Here’s what you need to know to safely consume this blog post: Any outbound links in this post will take you away from, to external sites in the wilds of the internet; neither Simple or our partner bank, BBVA USA, endorse any linked-to websites; and we didn’t pay/barter with/bribe anyone to appear in this post. And as much as we wish we could control the cost of things, any prices in this article are just estimates. Actual prices are up to retailers, manufacturers, and other people who’ve been granted magical powers over digits and dollar signs.

Important! Keep your account safe from fraud

As fraud attempts are on the rise recently — especially related to unemployment funds — help us keep your account safe by following these guidelines.

Use your Simple Account only for your own personal use. Don’t share your account with others or receive funds on behalf of third parties.

Don’t share your username or password with others. Never give out your login information. Simple will never ask you to tell us your password — if any third party makes such a request, it’s an attempt at fraud.

Don’t open an account at someone else’s request. If someone else asks you to open a Simple Account — such as a real estate company, prospective employer, or someone you met online — it is likely an attempt at fraud.

Be alert for unemployment insurance fraud. You may be violating the law and the terms of your Simple Account if you receive deposits of unemployment funds on behalf of someone else. There are state and federal penalties for unemployment insurance fraud (including potential fines and incarceration). If you suspect you are a victim of unemployment fraud, contact the appropriate state fraud hotline listed here.

Don’t receive funds on behalf of a third party. Keep in mind that receiving funds on behalf of a third party violates the terms and conditions of your Simple Account; in such instances, we may restrict and/or close your account and hold the funds while we await direction from enforcement agencies.

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