Monarch Money is a paid budgeting and net worth app for individuals and couples, now sold at monarch.com. There is no free plan: after a 7-day trial, Core costs $14.99 a month or $99.99 a year, and Plus costs $199.99 a year. Partner sharing is included at no extra cost.
The bottom line
Worth a trial for couples and detailed budgeters; skip it if you need a free app.
7.4
Our score
7.4 / 10
Conversion Gems editorial verdict
$14.99/mo or $99.99/yr after 7-day trial
Features8/10
8 - budgets, net worth, recurring charges, goals and reports, plus retirement and business tools on Plus.
Value7/10
7 - annual Core works out to about $8.33 a month with partner sharing included, but there is no free plan.
Ease of use8/10
8 - link accounts and start in minutes on web, iOS or Android; categorizing takes some upkeep.
Ecosystem7/10
7 - connects to 13,000+ institutions through multiple data providers; we found no public API.
Support6/10
6 - a help center and contact page plus a money-back guarantee; we did not verify live chat or phone support.
What it really is
A paid, ad-free budgeting and net worth app built around shared household finances.
Our take
Monarch Money is for people who are happy to pay for a clean budgeting app instead of a free one supported by ads or upsells. Partner sharing at no extra cost is the clearest advantage for couples. Pay yearly if you plan to stay, because monthly Core costs about 80% more over a year.
Why we rate it
Wide account coverage, free partner sharing and no ads, with Plus adding retirement and small-business tools.
The catch
No free plan, a card is required for the trial, and monthly Core costs far more over a year than annual billing.
Best for
Couples managing money together
People tracking net worth and investments
Side-business owners (Plus)
Not good for
Anyone who needs a free budgeting app
People who only want subscription cancellation
Friction report
Time to value
Minutes to link accounts, though categorizing transactions takes longer.
Scale breakpoint
Retirement forecasting, business income tracking and tax-prep exports need the $199.99 Plus plan.
Walled garden
Low to moderate: data comes from your linked institutions; we did not verify export options on Core.
Monarch Money pricing
Plan
Monthly billing
Yearly billing
What it adds
Core
$14.99/month
$99.99/year (about $8.33/month)
Net worth, budgets, custom reports, savings and debt goals, partner sharing
Plus
Not listed
$199.99/year (about $16.67/month)
Retirement forecasting, business income tracking, P&L and tax-prep exports, advanced investment analysis, will creation
From Monarch's pricing page, checked 4 October 2026. Both plans start with a 7-day free trial that needs a payment method. A WELCOME code gives new users 30% off the first year of annual Core bought on the web.
Frequently Asked Questions
No. Monarch Money has no free plan. New users get a 7-day free trial, which requires a payment method, and then pay for Core or Plus (checked 4 October 2026).
Core costs $14.99 a month or $99.99 a year (about $8.33 a month). Plus costs $199.99 a year. A WELCOME code takes 30% off the first year of annual Core for new users (checked 4 October 2026).
Everything in Core plus retirement forecasting, business income and expense tracking, P&L reports and tax-prep exports, advanced investment analysis and will creation through Trust & Will.
Yes. Monarch says partner sharing is included at no extra cost, and you can also invite a financial professional to collaborate.
The main one is cost: there is no free plan, and Core is $99.99 a year or $14.99 a month after the trial. Plus is listed only as a yearly plan. Monarch also recommends subscribing on the web rather than through app stores for easier management.
Monarch was co-founded by Val Agostino (CEO), Jon Sutherland and Ozzie Osman. The company is Monarch Money, Inc., and its website is now monarch.com.
Monarch Money alternatives
Other budgeting apps to compare:
Rocket Money: Budgeting app with a free plan that also cancels subscriptions and negotiates bills for a fee.
Quicken Simplifi: Budgeting and spending app from Quicken, also profiled in this batch.
YNAB: Budgeting app that Google often lists next to Monarch; not yet reviewed on Conversion Gems.
