Overview
Quicken Assist is an in-product chat feature that helps you understand and work with your finances using information already available in Quicken.
Instead of searching through transactions, reports, and other areas of Quicken yourself, you can ask questions in everyday language, such as:
-
Why did my spending increase last month?
-
How much am I spending on subscriptions?
-
What happens if I put an extra $200 a month toward my credit cards?
-
How much should I save each month for a $5,000 vacation?
Quicken Assist uses your financial information to help explain what is happening, explore options, and, for supported tasks, help you take action within Quicken.
Note: Quicken Assist is currently in beta. Some capabilities may differ between Quicken Simplifi and Quicken Business & Personal. Some business-specific capabilities may not yet be supported.
How Quicken Assist Can Help
Reports and dashboards are useful for seeing what happened with your money. But sometimes the harder questions are why it happened, what it means, and what you might do next.
Quicken Assist helps bridge that gap.
Instead of manually comparing reports or reviewing transactions one by one, you can ask a question directly. Quicken Assist can analyze the information available in Quicken and help surface the transactions, patterns, or calculations that are relevant to your question.
What You Can Ask Quicken Assist
Understand Spending and Trends
Ask what changed, compare time periods, or identify patterns in your spending.
For example:
-
Why did my grocery spending increase last month?
-
Which categories have increased the most over the last six months?
-
Where do I tend to spend more than usual?
-
Am I on track to spend more this month than last month?
In practice: Jamie notices that her grocery total looks unusually high. Rather than reviewing every transaction herself, she asks:
“Why did my grocery spending increase last month?”
Quicken Assist can review her categorized transactions, compare them with the previous period, and help identify the purchases or patterns contributing to the increase.
Review Subscriptions and Recurring Costs
Ask Quicken Assist to help you understand ongoing expenses and how they add up over time.
For example:
-
List my recurring subscriptions.
-
How much am I spending on subscriptions each year?
-
Which recurring charges have increased recently?
-
How much would I save if I canceled these subscriptions?
Explore Debt Payoff Options
Quicken Assist can help you understand your debt picture and explore how different repayment choices could affect your payoff.
Two common approaches are:
-
Debt avalanche — put extra money toward the debt with the highest interest rate first
-
Debt snowball — put extra money toward the debt with the smallest balance first
Both approaches continue making at least the required payment on each debt while directing additional money toward one balance.
You might ask:
-
How much credit card debt do I have?
-
What happens if I add $200 a month to my credit card payments?
-
How would avalanche and snowball compare for my balances?
In practice: Marcus wants to pay down several credit cards faster and can afford an additional $300 per month. He asks:
“If I pay an extra $300 each month, how could that affect my payoff timeline?”
Quicken Assist can use the account information available in Quicken to help him explore different approaches and estimate how additional payments could change the timeline.
Important: Projections are based on the information currently available in Quicken. Quicken Assist may need additional information, such as an interest rate, to complete some calculations.
Plan for a Large Purchase or Savings Goal
Use Quicken Assist to explore how a future expense could fit into your finances or determine how much you may need to save.
For example:
-
How much should I save each month for a $5,000 vacation in eight months?
-
What would a $25,000 car purchase mean for my cash flow?
-
How much would I need to save each month to reach my goal by December?
Quicken Assist can use the information available in Quicken along with details you provide—such as the amount you need and your target date—to help calculate a savings target or explore how an expense could affect your finances.
Explore What-If Scenarios
Change an assumption and ask Quicken Assist to help you understand how that change could affect your financial picture.
For example:
-
What happens if my income drops by $1,000 a month?
-
How much would I save each year if I canceled three subscriptions?
-
What changes if I increase my retirement contribution by 2%?
These scenarios are estimates based on the information and assumptions available at the time, such as your connected accounts, recurring income and expenses, and Spending Plan information. They do not predict future financial results.
Taking Action With Quicken Assist
Quicken Assist does more than answer questions. For supported tasks, you can also ask it to help you find information or make changes within Quicken.
When a request changes your financial data, you remain in control. Review the proposed change before approving it.
Quicken Assist can help you:
-
Find transactions — locate transactions based on details such as merchant, category, or time period
-
Categorize transactions — update an individual transaction or multiple transactions
-
Create or update a Savings Goal — describe what you're saving for and provide the details Quicken Assist needs
-
Create a Transaction Rule — apply the same categorization to similar transactions going forward
-
Take you to the right place — open supported areas of Quicken related to your question
You can ask things like:
-
Show me my uncategorized transactions.
-
Find my recent Amazon transactions.
-
Open my Spending Plan.
-
Take me to my income report.
In practice: Taylor notices several recent transactions are uncategorized. She asks Quicken Assist to show them to her and then asks it to categorize the transactions that belong in the same category.
Quicken Assist prepares the supported changes so Taylor can review them before they are finalized.
QBP verification: Confirm which actions are currently supported for business transactions, Projects, tags, batch categorization, Transaction Rules, navigation, and goal creation in Quicken Business & Personal.
Your Quicken Data Matters
Quicken Assist works with the financial information you’ve made available in Quicken, which may include:
-
Transactions and categories
-
Accounts and balances
-
Recurring income and expenses
-
Spending Plan information
-
Savings Goals
-
Bills and subscriptions
-
Investments and holdings
-
Watchlists
Because Quicken Assist bases its analysis on the information available to it, incomplete or inaccurate data can affect its answers.
For example, if an account has not been added to Quicken, transactions are missing, or categories are incorrect, an answer based on that information may not represent your complete financial picture.
Important: Keeping your Quicken information current and reviewing transaction categories can help give Quicken Assist better information to work with.
What Quicken Assist Cannot Do
Quicken Assist works within Quicken and has important limits.
It cannot:
-
Move money between your external financial accounts
-
Make changes directly at your bank or financial institution
-
Execute investment trades
-
Take actions outside Quicken
-
Create features or report types that Quicken does not support
-
Export files when that capability is not supported
Quicken Assist can also misunderstand a request or provide incomplete information, particularly while the feature is in beta. Review important calculations, projections, and proposed changes before relying on them.
For information about AI-generated responses, financial guidance, and other important considerations, see Quicken Assist: Disclosure and Consent.
Tips for Getting Better Answers
Be Specific
The more clearly you describe what you want to understand, the easier it is for Quicken Assist to focus on the right information.
Instead of:
“How am I doing?”
Try:
“How does my restaurant spending this month compare with last month?”
Include Useful Context
If your question depends on a particular amount, date, account, or goal, include that information.
For example:
“I want to save $6,000 for a car by next June. How much would I need to save each month?”
Use Follow-Up Questions
You don't have to put everything into one question. Start with what you want to understand and then dig deeper.
For example:
-
“How much am I spending on subscriptions?”
-
“Which ones increased this year?”
-
“How much would I save if I canceled these three?”
This lets you move from understanding what is happening to exploring possible next steps.
Rephrase When Needed
Quicken Assist is in beta and may occasionally misunderstand a request. If the answer doesn't address what you meant, try asking the question another way or provide more detail.
Share Feedback
Use the thumbs up or thumbs down button under a response to provide feedback about your experience with Quicken Assist.
Opening Quicken Assist
-
Click the Quicken Assist icon (four-pointed star) in the lower-right corner of the screen.
-
Enter your question in the chat.
-
Continue the conversation with follow-up questions as needed.
The chat opens over your current Quicken screen so you can ask questions without leaving what you're working on.
To close Quicken Assist, click the X in the upper-right corner. You can also minimize the panel.
Turning Off Quicken Assist
You can disable Quicken Assist from Settings.
Verification: Confirm the exact Settings path for both Quicken Simplifi and Quicken Business & Personal.
Disclosure & Consent
Please click here for full disclaimers.
Related Topics