Monarch Money review
Budgets, net worth and investments in one clean dashboard
- Monarch Money, Inc.
- Subscription
- iPhone & iPad, Android, Web
Does it deserve #1?
The verdict
Monarch Money is the most complete money app for most households. It pulls in bank, card, loan and investment accounts, then gives you flexible budgets, cash-flow reports, goals and a clear net worth view. You can invite a partner at no extra cost, which makes it ideal for couples. The catch is there is no free plan, and bank connections still break now and then.
- Shared household access
- Flexible or category budgets
- Investment and net worth tracking
- Customizable dashboard and reports
Score breakdown
Overall = features 30% · design 20% · speed 20% · value 15% · privacy 15%. Why these weights?
What we like
- Budgets, investments and net worth live in one place
- Invite a partner at no extra cost
- Clean, fast apps on web and mobile
What could be better
- No free tier once the trial ends
- Bank sync hiccups need occasional manual fixes
Couples and families who want one shared view of all their money
you want a free app or a strict zero-based budgeting method
Questions about Monarch Money
Is Monarch Money free?
No. Monarch Money offers a free trial, then needs a paid subscription billed monthly or yearly.
Can I share Monarch Money with my partner?
Yes. You can invite a partner or financial professional to your household at no extra cost, and each person gets their own login.
What are the best alternatives to Monarch Money?
The closest alternatives are YNAB, Copilot Money and Empower Personal Dashboard. See all of them ranked on our Monarch Money alternatives page.
Where does Monarch Money rank?
Monarch Money ranks #1 of 10 in our Money & Investing ranking, with an overall score of 9.1 out of 10.