Monarch Money

Monarch Money has emerged as the consensus successor to Mint for users who want a comprehensive personal finance platform rather than a single-purpose app. The platform's strength is breadth: transaction tracking and categorization, budgeting, investment portfolio tracking, net worth monitoring, and financial goal planning — all in one system. The collaborative features that allow couples and financial partners to share access and plan together are particularly strong, making Monarch the go-to platform for households managing finances as a team. Since Mint's shutdown in 2024, Monarch has absorbed a significant portion of displaced users and improved rapidly in response to their needs.

AI-Powered Categorization and Insights

Monarch's transaction intelligence combines rule-based categorization with AI learning that improves over time. The platform categorizes transactions across all connected accounts with high accuracy, learns corrections, and surfaces monthly spending insights through an AI assistant that answers questions about your spending patterns. Ask "How much did I spend on groceries last quarter?" or "Am I spending more on subscriptions than last year?" and Monarch's AI queries your transaction history and answers in natural language. This conversational access to your financial data makes insight discovery feel accessible rather than requiring manual spreadsheet analysis.

• AI transaction categorization — learns spending patterns across all connected accounts with natural language query capability.
• Collaborative household finance — shared access for couples with separate visibility controls and joint budget management.
• Investment portfolio tracking — monitors investment accounts with performance analytics, allocation visualization, and returns tracking.
• Financial goal planning — tracks progress toward savings goals, debt payoff, and major purchase milestones with timeline projections.
• Customizable dashboards — drag-and-drop widget configuration for personalized financial dashboard layouts.

Collaborative Features for Couples

Monarch's collaborative household finance is its most differentiating feature for couples and domestic partners. Both partners connect their individual accounts, and Monarch shows combined household finances while maintaining separate visibility into individual accounts. Joint budgets track household spending against shared goals; individual budgets maintain personal financial space. Conversations about money — "Did we stay within our dining budget this month?" — have shared data to reference rather than one partner explaining their interpretation of transactions to the other. For households where financial transparency and joint planning are priorities, Monarch provides the infrastructure that these conversations need.

Investment Tracking Integration

Monarch connects investment accounts (401k, IRA, taxable brokerage, crypto) and provides portfolio performance analytics alongside spending tracking. See your investment allocation, performance against benchmarks, and net worth trajectory in the same platform where you track daily spending. This holistic financial view — connecting daily spending habits to long-term wealth building — is the financial context that most productivity-focused apps miss. When you can see that your dining spending increase over the past year equals your investment contribution for the same period, the behavioral feedback becomes concrete rather than abstract.

Start a 7-day trial at monarchmoney.com.