Monarch Money is the go-to finance app for couples. With excellent collaboration features, clean design, and comprehensive tracking, it's earned a devoted following since Mint's decline.
But at $99/year with no free tier, Monarch isn't for everyone. Here are the best alternatives depending on what you're looking for.
Best Monarch Money Alternatives
1. Pocket Clear — Best for Simple Individual Tracking
Price: Free (Pro: $0.99/month)
If you don't need couple collaboration and want simple expense tracking, Pocket Clear offers the essentials at a fraction of the cost.
Why choose Pocket Clear:
- Free forever tier
- No bank connection needed
- Simple, fast expense tracking
- Works offline
- Pro is only $12/year
Best for: Individuals who want simple tracking without paying $99/year.
2. Goodbudget — Best Budget Alternative for Couples
Price: Free (Plus: $8/month)
Goodbudget offers couple sync in its free tier, making it a strong Monarch alternative for shared budgeting.
Best for: Couples who want shared budgeting at a lower price point.
3. YNAB — Best Budgeting System
Price: $99/year
YNAB offers a different approach—zero-based budgeting philosophy rather than Monarch's tracking focus. Same price, different methodology.
Best for: People who want to fundamentally change their budget relationship.
4. Copilot — Best iOS Design
Price: $95/year
If you're on iOS and want beautiful design with smart AI, Copilot is Monarch's main premium competitor.
Best for: Apple users who prioritize design.
The Bottom Line
Monarch Money is excellent for couples who want comprehensive finance management. But if you're an individual, want something simpler, or need to save money—alternatives exist.
Start with Pocket Clear's free tier. If you need more, Goodbudget offers couple sync affordably.
Try Simple Expense Tracking
Free forever. No bank connection required.