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In-depth review

Monarch Money Review (2026): Is It Worth It?

Published Jan 15, 2026 · Updated Feb 20, 2026 · 10 min read

Pricing verified Feb 23, 2026

Overall score

85

out of 100

Monarch Money is the most feature-complete budgeting app for households in 2026. It combines budgeting, investment tracking, net worth monitoring, and shared access into a single dashboard — something no competitor matches at this price point.

After Mint shut down, the budgeting app market fragmented. YNAB doubled down on envelope budgeting. Rocket Money pivoted toward subscription management. Copilot Money built a design-first mobile experience. Monarch Money positioned itself as the comprehensive replacement — the app that does everything Mint did, plus investment tracking.

The result is an app that handles everyday spending, long-term wealth building, and household finances in one place. At $7.49/mo billed annually, it undercuts YNAB and Copilot on price while offering more features than either.

Monarch doesn't try to change how you budget. It meets you where you are and shows you the full picture.

Strengths

What Monarch does well

Investment tracking alongside budgeting. This is Monarch's clearest advantage. You see your checking account, credit cards, 401(k), and brokerage all in one dashboard. Net worth updates daily. No other budgeting app under $10/mo does this.

Shared household access. Both partners get full access to the same account — shared budgets, shared transactions, shared goals. YNAB offers this too, but Copilot and Rocket Money don't.

Custom rules and automation. You can auto-categorize transactions, set up recurring rules, and create custom categories. The rule system isn't as granular as Copilot's, but it covers 90% of use cases.

Visual dashboard. Charts, spending breakdowns, and net worth graphs are well-designed and update quickly. The interface feels modern without being flashy.

Limitations

Where Monarch falls short

No zero-based budgeting. If you want strict envelope budgeting where every dollar is assigned a job before the month starts, Monarch isn't built for that. YNAB remains the clear choice for that methodology.

Mobile app stability. While the web app is reliable, the mobile app has had intermittent performance issues reported throughout 2025. It works, but power users may find occasional sluggishness.

Short free trial. Monarch offers only 7 days, compared to YNAB's 34 days and Simplifi's 30 days. That's tight for evaluating a financial tool properly.

Performance

Score breakdown

Features 92/100
Ease of Use 88/100
Value for Money 85/100
Mobile App 82/100
Customer Support 78/100
Overall score 85/100

The bottom line

Our final verdict

Monarch Money is the best all-around budgeting app in 2026 for households and couples. It won't convert strict envelope budgeters away from YNAB, and it doesn't negotiate your bills like Rocket Money. But for users who want a single dashboard for spending, saving, and investing — Monarch is the clear pick.

Try Monarch Money Free

7-day free trial · No credit card required

Frequently Asked Questions

Is Monarch Money worth it?

For most households and couples, yes. Monarch Money offers investment tracking, shared access, custom categories, and a visual dashboard at $89.99/yr. It replaces the need for separate budgeting and investment tracking tools.

How much does Monarch Money cost?

Monarch Money costs $9.99/mo or $89.99/yr ($7.49/mo billed annually). It includes a 7-day free trial with full access to all features.

Is Monarch Money safe to link your bank?

Monarch Money uses Plaid to connect bank accounts. Your credentials are never stored by Monarch — the connection is read-only. Monarch is SOC 2 Type II certified and uses 256-bit AES encryption.

Can my partner use my Monarch account?

Yes. Monarch Money includes shared household access on all plans at no extra cost. Both partners get full access to the same budgets, transactions, and net worth dashboard.

Does Monarch Money track investments?

Yes. Monarch tracks investment portfolios with performance charts, holdings breakdowns, asset allocation, and net worth calculations — all alongside your budget.

Is Monarch Money better than Mint?

Monarch is widely considered the best Mint replacement. It offers more features (investment tracking, shared access), active development, and CSV import for migrating Mint data.

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