My Latest Simplifi Workflow
Using the app for a little over a year now, I've tried many diffferent ways of interacting with annd using Simplifi, and have finally settled into a workflow that works well for me, so I thought I'd share it so you can see if it works for you too.
One - I don't use Subscriptions. At the most basic level, having both Bills and Subscriptions seems like just a third level of expense category, and I found it confusing. There were a couple of times I found I had included some expense or other in each area. Ultimately, everything is a bill and I find there's no real benefit to me to try to distinguish one from the other.
Two - I use only two tags, "Discretionary" and "Non-Discretionary." I started out using a whole slew of tags and tried to twist it into a kind of third level sub-category, but I found it too difficult to remember what kinds of expenses get what kind of tags (if they weren't set up as a regular Bill). Then I realized the only thing I really to know about an expense that wasn't covered by Categories was whether or not it was optional for me to have spent the money. I also created Watchlists for these two tags so I can always see at moment's glance whether I'm being too impulsive in my spending habits.
Three - I've set up Categories to make sure that I only need two levels to properly track them. it's a trick I learned from my days as a photographer. I had photographed thousands events, and I'd originally tried to sort them all by event type, location, date, subject matter, time of day, yada yada. Then I realized that if I needed more than two levels of sorting, I was doing it wrong. "Weddings → Adams & Smith" were the only two categories I needed to keep track of things. The same approach works well for categories. I used to get frustrated that I didn't have however many levels of subcategory I thought I needed. Then, for me, I realized that I was the source of my frustration, not Simplifi. I adjusted my approach so that it wasn't important for me to break a category down to something like "Groceries →Food →Meat →Chicken."
This workflow gives me all the information I need about my expenses quickly and easily, yet provides a perfectly adequate level of drill-down capability.
Simplifi User Since July 2022, not an employee, not an influencer