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Spreadsheets (Excel / Google Sheets) logo

Your Spreadsheet Can't Tell You to Max Out Your TFSA.

Spreadsheets are the most popular budgeting tool in Canada — and the most painful. No automation. No insights. No simulations. Just hours of manual data entry and a VLOOKUP that breaks every January. Prosperi gives you everything a spreadsheet does, plus everything it can't.

The verdict

Prosperi replaces your budgeting spreadsheet with automated tracking, AI-powered insights, Canadian tax optimization, and financial simulations — saving you hours every month while catching things a spreadsheet never would. It's the upgrade from DIY to done-right.

Feature comparison

FeatureProsperiSpreadsheets (Excel / Google Sheets)
Budget creation & trackingAutomated with AI assistanceFully manual
Transaction importCSV upload with smart categorizationManual copy-paste or CSV import (no categorization)
Spending categorizationAI-powered auto-categorizationManual — every single transaction
TFSA/RRSP/FHSA optimizationBuild it yourself (if you know the rules)
Canadian tax toolsBuild it yourself (good luck keeping it updated)
AI-powered insights
Financial simulationsBuild it yourself (requires financial modeling knowledge)
Calendar view
Net worth trackingAutomated with multi-account aggregationManual updates required
Error detectionAI catches anomalies and duplicate entriesYou are the error detection
Mobile accessNative iOS and Android appsClunky mobile experience
Time required per month~15 minutes2-4+ hours
Data visualizationBuilt-in charts, trends, and reportsBuild your own charts (if you know how)
CustomizationStructured flexibility with templatesUnlimited (you build everything from scratch)

Pricing

Prosperi

$14.99 CAD/month or $90 CAD/year (7-day free trial)

Spreadsheets (Excel / Google Sheets)

Free (Google Sheets) or ~$100 CAD/year (Microsoft 365) — plus 2-4+ hours/month of your time

What Spreadsheets (Excel / Google Sheets) does well

  • Free (Google Sheets) or included with Microsoft 365 (~$100/year)
  • Unlimited customization — you can build literally anything
  • Full control over your data — it lives on your device or Google Drive
  • No learning curve if you already know Excel/Sheets
  • Great for one-off calculations and ad-hoc analysis
  • No subscription to another app
  • Works offline (Excel desktop)

Where Spreadsheets (Excel / Google Sheets) falls short

  • Extremely time-consuming: 2-4+ hours per month of manual data entry and maintenance
  • No automation — you categorize every transaction by hand
  • No AI insights — a spreadsheet can't tell you you're overspending on Uber Eats
  • Error-prone: one bad formula breaks everything, and you might not notice for months
  • No TFSA/RRSP/FHSA optimization unless you build it yourself (and keep it current with CRA rule changes)
  • No financial simulations — modeling scenarios requires serious Excel skills
  • No mobile-friendly experience — editing a spreadsheet on your phone is painful
  • No calendar view or timeline visualization
  • Breaks every January when you need to set up a new year
  • Most people quit within 3 months because it's too much work
  • No alerts, notifications, or proactive nudges

Why Prosperi wins

  • Saves 2-4+ hours per month on manual data entry and maintenance
  • AI-powered categorization handles transaction sorting automatically
  • Canadian tax tools stay updated with CRA rules — you don't have to track TFSA limit changes
  • Financial simulations let you model scenarios without building complex Excel models
  • Calendar mode gives you a timeline view no spreadsheet template offers
  • AI insights catch spending patterns and anomalies you'd miss manually
  • Mobile apps let you check your budget in 30 seconds on your phone
  • Built-in visualizations — no chart-building required
  • Consistent structure means you don't have to redesign your budget every January
  • Actually sustainable: people stick with Prosperi because it's not a second job

Frequently asked questions

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View all comparisons · Features · Pricing

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TFSA vs RRSP vs FHSA Guide

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