Monarch: Budget & Track Money

Monarch Money

In-app purchases

About this app

Consider Monarch your home base for money clarity. Simplify your finances by bringing all your accounts into one easy view, have confidence in always knowing where your money is and where it's going, and collaborate with your partner or financial professional to track, budget, and reach goals together.

Monarch has been recognized by the Wall Street Journal as the “Best Budgeting App,” by Forbes as the “Best Mint Replacement” and by Motley Fool as the “Best Budgeting App for Couples and Families.”

Getting started is simple. Connect your accounts and Monarch will auto-categorize your finances, giving you actionable insights in minutes. Customize your dashboard to give you the information you need at a glance, including your net worth, recent transactions, how you’re tracking toward your budget, investment performance, and upcoming expenses.

Monarch makes it easy to take steps today to build toward your long term plans, all in one simple and collaborative financial tool.

Track
- Connect your accounts and see everything in one place so you can get a clear view of how your money is moving and track progress on your net worth.
- Always know what’s around the corner with subscriptions and bills tracked in one easy calendar or list view and notifications so you don’t miss a payment.
- Keep an eye on subscriptions so you can cancel what you no longer need.
- Sync with your credit cards and loans and Monarch will provide statement balances and minimum payment due.
- Search for any transaction, across all of your accounts - no shuffling between apps to find charges or refunds.
- View and customize reports for quick insights on your spending across groups and categories and trends over time.

Budget
- Monarch offers two ways to budget - Flex Budgeting or Category Budgeting - so you can choose to have the structure or flexibility you need and make budgeting feel easy.
- Get a quick view of your budget progress with visual progress bars and a dashboard widget.
- Customize your groups and categories, emojis, and your notifications to keep you on track.

Collaborate
- Add your partner or other household members and team up on your finances, whether you choose to have joint bank accounts or not. All at no extra cost.
- Invite your advisor, financial coach, tax professional or estate planning attorney so they can give you accurate advice with little effort required of you.

Plan
- Create and track progress toward your medium and long term goals.
- Set up contributions toward your goals within your monthly budget, and watch your savings compound over time.

A Membership With You in Mind

Our focus is on building a product that can transform your relationship to money, bringing clarity and confidence to your financial life. As a Monarch member, you’ll get access to all the new features we build and have the opportunity to vote on and provide feedback for new features on our roadmap. We build with the feedback from our community in mind.

No Ads

Monarch is not supported by advertisers and is designed with the sole purpose of making it easy and intuitive for you to manage your finances. That means we will never interrupt your experience with ads or try to sell you another financial product you don’t need.

Private and Secure

Monarch uses bank-level security, and we never store any of your financial credentials. Our platform is read-only, so there is no risk of your money moving. We take your privacy seriously and will never sell your personal or financial information to third parties.

MEMBERSHIP DETAILS

Monarch is free to try for 7 days. After your trial period, a membership fee will be billed either monthly or annually, depending on which plan you select.

Privacy Policy: https://www.monarchmoney.com/privacy

Terms of Use: https://www.monarchmoney.com/terms

Ratings and reviews

I'm a first-time user of this app I purchased the annual subscription. The app is not counting the cash starting balance for categories in the budget. This is in turn is causing a negative balance to show in the remaining column. I have reached out to support on several occasions the response received was log out log back in. Days have gone by with no further assistance. Looking into other options with better support and functionality. Increasingly frustrated.

It *was* an ok replacement for Mint, but now it's useless. Most of our accounts stopped syncing 1.5 months ago (same bank). When we tried to reconnect, we received an error stating support had been informed. Nope. I then submitted a ticket to support. Responses have been dismal to none - days go by w/no contact. Support tried to fix it at one point & ended up breaking the connection even worse! We have a 12 month subscription & we can't even use it. Complete waste of $ for us at this point.

App quality dropping with recent updates. For example, tapping to try and create a rule does nothing, the tap registers in the UI below. So either use the web app or deal with time-wasting toil. Also the app isn't any smarter since I started using 1 year ago -- still counts money transferred to checking as paycheck and money transferred from checking to another account as ATM. 🙃 As a UX designer, I wish they'd focus more on improving the core experience than changing to a frufru logo.

What’s new

* Improved contrasts and spacing in various screens.
* Improved recurring queries performance.
* Upgraded core libraries to improve performance and stability.

Thank you for using Monarch! Your continuous support drives us to deliver a more refined and reliable app. Keep enjoying the improvements!