I really like this app! I can see my budget and compare it to my actual transactions. I also like how I can check expenses off of my list. However, I do have a few suggestions to make this app better: – Add cash accounts to liability goals. I want to track how much I’m […]
Reviews for Monarch: Budget & Track Money
← Back to Monarch: Budget & Track Money20 reviews
Not with paying for in my opinion. Constant issues with connectivity to other services. And at times the app shows ridiculously incorrect amounts in your accounts. It’s a cool product and has many nice features, but it’s not worth the money due to the repetitive issues. If it was free, sure, you get what you […]
Biggest beef: Intentionally deceptive subscription options! Monthly sub isn’t even an option in the app, but it is if you go to the website. However, the new LLM AI integration for analyzing cryptic statement entries is awesome (though I definitely need to read their privacy policy now!) Overall the current best app for personal finance, […]
Made the mistake of wasting money on a yearly subscription. App constantly disconnects from accounts across multiple institutions, have to log in and reconnect multiple times a month. Transactions are messy and the app can’t seem to figure out how to handle interest/gains in a cash account or cash transfers in an investment account. Been […]
I really like Monarch but on two separate occasions I’ve discovered numerous missing transactions. Deleting and relinking the accounts fixed the issues temporarily, but that’s a deal breaker for me. I haven’t had that issue with another (significantly less expensive) app. Even if it means I’ll have slightly less granularity in certain aspects of that […]
Monarch makes it very easy to see all your accounts in one place. I’ve never had such a complete picture of my finances. Automating things like pulling real estate values from Zillow or estimating vehicle value based on VIN is super convenient and of course you get to track that data over time. it could […]
If you like micro-managing your finances, this app is the way to go. If you prefer a very simple money managing experience, this might not be your cup of tea. It has many ways of looking at your money and budget to get a complete sense of your finances, including multiple budget formats, a net […]
Mostly good. There’s an annoying bug with the app (web and phone) where it will attempt to auto name some transactions, but the logic behind this is buggy, especially when using another service like Google Pay. The app will label it “Google Pay” automatically and obscure the actual merchant and often will misscategorize it as […]
A feature I would like to see implemented is something that will help you dial in your budget by looking at your expenses over the past year and showing you what you spent monthly, on average, in each category. Maybe even intelligently recommend changes to be made to the budget. Best budgeting/financial tracking app I’ve […]
I never could get started with apps like this in the past, and wound up just keeping my own spreadsheets with manually created formulas and tables and stuff. Two days after starting the free trial in this app, I had transferred 100% of the useful info from that plus quite a few new things like […]
Most accounts require MFA these days, and monarch takes several minutes to connect to each of these accounts. Not only that, but you are required to re-login every few days to maintain the connection. I don’t have that much life, so I canceled during my trial and deleted the app. Time to find something else. […]
this is quite a terrible app. it does a poor job of syncing up to our accounts. it’ll say its added your accounts but the accounts dont say up anywhere. it also cannot add certain types of investment accounts let alone sync them. if you and your spouse have your own separate and are trying […]
all my Chase accounts have lost connection for the last 22 days. I have emailed support several times and no one will get back to me. this has rendered the program useless to me. it always loses connection, but now it literally will not let me reconnect and if I am going to have to […]
STILL TERRIBLE. NOT worth paying. Constant GLITCHES, loses connections and instead of fixing them, you are forced to delete everything you did and reconnect the account. No big deal to them because you are expected to manually create rules. Support is terribly slow and useless. Every existing retail could be added data in minutes so […]
Not a good enough replacement for Mint. Creating a budget is overly complicated, I’d rather just creat custom categories than have to disable a ton that I don’t need. I can’t budget by pay period so I end up using a spreadsheet anyway, which defeats the purpose of the app. Its even more annoying when […]
It’s been over a year since I started using the Monarch app! I love most of the features by now, especially the one that shows me each transaction and asks for my review. I’ve caught so many unknown transactions, mostly because I forgot to cancel subscriptions, but it also tells me what’s coming next so […]
The app worked great during the free trial—smooth setup and seamless tracking of my wife’s and my spending. After paying for the yearly membership, though, my accounts stopped updating. I had to delete and relink them, but even then, they show as “healthy” while not updating (last refresh was two days ago). It could be […]
If I knew in August, when I decided to try this app, what I know now, I would not have allowed a subscription to go through. A one week free trial is not long enough to learn that this app is subpar and a major hassle. I have nothing but problems with connecting accounts and […]
Literally can’t even check it out without hitting a pay wall. As others have said, you can’t do anything until you create an account, and fork over your credit card info. Yea there’s a “free trial” but payment info is still required because they know most people forget to cancel. It’s also $100 a year […]
If your thinking about using this app but uncertain I would say try to find info online. The first thing you see when you open up is a required login. The second thing, is a pay wall. Then the third thing, is the main UI with a blocking popup saying connect credit cards. You are […]