Monarch Money
Subscription money app that links all your accounts for budgets, net worth, goals and partner sharing.
- Verified facts
- 5 of 5
- Alternatives ranked
- 5
- Approved reviews
- 0
- Visits sent from here
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About Monarch Money
Monarch Money is a subscription personal finance app that links your bank, card, loan and investment accounts and pulls everything into one view: transactions, budgets, recurring bills, net worth, cash flow and goals. It connects through several data providers to more than 13,000 institutions, categorizes transactions automatically, detects subscriptions, and lets you mark transactions as reviewed. Budgets can be set by category or by group, and goals tie savings targets to your cash flow. Collaboration is a large part of the pitch: you can invite a partner, or a financial professional, at no extra cost, and transactions can be flagged for a household member to review. The app runs on the web, iOS and Android. Monarch grew quickly after Mint shut down in 2024, and it still positions itself as a home for former Mint users. There's no free tier; after a seven-day trial the plan costs $99.99 a year or $14.99 a month, and a higher Plus tier adds forecasting, multiple income sources and deeper investment tools. It suits couples and people who want an automatic overview of their whole financial life. The trade-off is that it depends on bank connections, which can break and need relinking, and its flexible budgeting is looser than a zero-based method, so it shows where money went more than it forces a plan.
Best for: Couples and households who want every account, budget and goal in one shared, automatic view.
Pros and cons
What works
- Links to 13,000+ institutions through several data providers
- Partner or financial professional included at no extra cost
- Budgets, recurring bills, net worth and goals in one place
- Works on web, iOS and Android
- No ads; revenue comes from subscriptions
Why people leave
- No free tier after the one-week trial
- Relies on bank connections, which can need relinking
- Forecasting and deeper investment tools need the Plus tier
Top Monarch Money alternatives
See all 5- 1
YNAB76.8A stricter zero-based method for people who want to plan every dollar instead of reviewing after the fact.
- 2
Copilot Money68.8Similar automatic tracking with a single plan and a polished design, but limited to iPhone, iPad, Mac and web.
- 3
Quicken Simplifi64.8Bank-synced budgeting with cash-flow projections and a lower annual price, from the makers of Quicken.
- 4
Lunch Money62.5Web-first tracking with native multicurrency and pay-what-you-want annual pricing.
- 5
Rocket Money55.3Has a free tier and adds subscription cancellation and bill negotiation on top of budgeting.
Why people left Monarch Money
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Monarch Money: common questions
Is Monarch Money free?
No, Monarch Money is a paid product. Price: $99.99/year or $14.99/month (checked on Monarch Money's own site).
Is Monarch Money open source?
No, Monarch Money is not open source.
What platforms does Monarch Money run on?
Monarch Money is available for Web, iOS and Android.
What are the best alternatives to Monarch Money?
The highest-ranked Monarch Money alternatives right now are YNAB, Copilot Money and Quicken Simplifi. See the full ranked list for pricing, platforms and verified facts.