Good call out on not having the visualizations. I really can't see what any trends are or what is happening month over month. Hopefully they build that!
did your import work? I've stuck on onboarding process. Says it's waiting for transactions from Mint... but I've imported the file and followed all the steps. Can't imagine what it's waiting for.
If I sign up today, will co pilot go back and analyze all of my accounts for the entire year? It would be helpful to have a tool that can take all of my statements for the year and help me categorize/analyze all of my transactions.
How does it handle reimbursements? Is it smart enough to offset say a $100 restaurant bill with corresponding $20 venmo’s labeled ‘restaurant’? Also, does it track total net worth?
Great video! So I got the app and like what I see, but it keeps deleting my large swaths of my transactions after a month. Have you experienced that? Any tips/suggestions?
Hey Irfan, i’m currently using Monarch, After your in-depth experience with copilot, would you recommend it over Monarch and why? In the past I’ve used ynab, personal capital, and mint.
Hi Chase. I do not have personal experience with Monarch. Everything I read and saw made me want to switch from Mint to Copilot. I am very happy with it. The best way to compare would be to try it for yourself and see if it meets your expectations.
@@IrfanBhanji thank you, I downloaded Copilot today and added my accounts. I’m going to test it out for a month and see how I like it compared to Monarch. I do really like monarch it’s just that the sinking for Fidelity BrokerageLink has some minor issues with transactions. But definitely Monarch and Copilot are the best, based on what I’ve seen in Copilot
How well does Copilot recognize duplicates? My wife and I share our checking accounts and oftentimes, Mint will double up on transactions from checking accounts.
Thanks for the video! My worry is safety! Is it safe to import all your financial information on one platform? What happens if it’s hacked or something? 😮
Copilot is quite secure, using the highest standard of encryption. Your bank is just as likely to be compromised, and copilot does not actually get any spending capabilities of each account added.
That is a great question. One thing to note. The data is read only. None of your account number or password info is stored. Its basically just pulling transition data. Also, all banks are using a Plaid which is a secure procotol to share data with copilot, mint, etc. There is always risk in anything. Hope that helps.
Romans 10:9-10 "That if you confess with your mouth, "Jesus is Lord," and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you confess and are saved
irfan, i track my debts and savings, and stuff in excel, has a way to link my tables and graphs from excel to notion? i dont use iphone and mac because its too expensive buy apple stuff in brazil
Would you consider Copilot a bookkeeping application? I need to be able to account for my business expenses by category and by credit and debit card at year end for tax purposes but would rather not do Quickbooks. Thanks.
What features do you want Copilot Money to add?
Good call out on not having the visualizations. I really can't see what any trends are or what is happening month over month. Hopefully they build that!
The Mint to Copilot Importer is now available! Info here help.copilot.money/en/articles/8587945-moving-your-mint-data-to-copilot
did your import work? I've stuck on onboarding process. Says it's waiting for transactions from Mint... but I've imported the file and followed all the steps. Can't imagine what it's waiting for.
If I sign up today, will co pilot go back and analyze all of my accounts for the entire year? It would be helpful to have a tool that can take all of my statements for the year and help me categorize/analyze all of my transactions.
Very helpful Irfan, thank you!
How does it handle reimbursements? Is it smart enough to offset say a $100 restaurant bill with corresponding $20 venmo’s labeled ‘restaurant’?
Also, does it track total net worth?
Yes, it knocks out the $20 from venmo on your food category.
It does track net worth.
Great video! So I got the app and like what I see, but it keeps deleting my large swaths of my transactions after a month. Have you experienced that? Any tips/suggestions?
If I pay for car insurance every 6 months. Does it allow me to allocate x amount of dollars each month until I reach that total payment amount?
Hey Irfan, i’m currently using Monarch,
After your in-depth experience with copilot, would you recommend it over Monarch and why?
In the past I’ve used ynab, personal capital, and mint.
Hi Chase. I do not have personal experience with Monarch. Everything I read and saw made me want to switch from Mint to Copilot. I am very happy with it.
The best way to compare would be to try it for yourself and see if it meets your expectations.
@@IrfanBhanji thank you,
I downloaded Copilot today and added my accounts. I’m going to test it out for a month and see how I like it compared to Monarch. I do really like monarch it’s just that the sinking for Fidelity BrokerageLink has some minor issues with transactions. But definitely Monarch and Copilot are the best, based on what I’ve seen in Copilot
i would have tried copilot if they had windows version or web version
I cannot figure out how to see a simple P&L or Income Statement for a month in the past. Is there a way to do this?
Its in the monthly review
How do they not have an Android app? ugh..... Never liked Mint. Personal Capital was fantastic but not as good after Empower took over.
Its annoying but most apps start on iOS first bc people who buy iPhones typically have more cash to spend.
How well does Copilot recognize duplicates? My wife and I share our checking accounts and oftentimes, Mint will double up on transactions from checking accounts.
I haven't had any issues with duplicates.
Thanks for the video! My worry is safety! Is it safe to import all your financial information on one platform? What happens if it’s hacked or something? 😮
Copilot is quite secure, using the highest standard of encryption.
Your bank is just as likely to be compromised, and copilot does not actually get any spending capabilities of each account added.
That is a great question. One thing to note. The data is read only. None of your account number or password info is stored. Its basically just pulling transition data.
Also, all banks are using a Plaid which is a secure procotol to share data with copilot, mint, etc.
There is always risk in anything. Hope that helps.
I cannot figure out how to add a category for expenses.
There is a plus icon at the top and shows you a preset of categories but you can add your own custom.
Romans 10:9-10 "That if you confess with your mouth, "Jesus is Lord," and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you confess and are saved
irfan, i track my debts and savings, and stuff in excel, has a way to link my tables and graphs from excel to notion? i dont use iphone and mac because its too expensive buy apple stuff in brazil
There isnt a way I dont believe. Honestly for debts and savings, just keep them in google sheets or excel. Its a more advanced tool.
Does it have rollover where it will rollover the previous month’s category balance to the new month?
Yes, it does! And you can customize to certain categories.
Does this app have a goals feature? I really like it but that is is holding me back from fully committing.
Not yet but its on their roadmap
@@IrfanBhanji thank you.
Would you consider Copilot a bookkeeping application? I need to be able to account for my business expenses by category and by credit and debit card at year end for tax purposes but would rather not do Quickbooks. Thanks.
I just started using Xero for my business much easier and cheaper that qb look into it well worth it
Copilot runs into issues tracking net worth over 8 figures. Would not recommend other than for poors.
pls never forget it takes 1 bad day 1 bad year and you could lose it all. Get off your pedestal and be humble my friend 🖤😂