Monarch Money Tour and Review (2024) | Solid But Pricey

Today, we'll do a tour and review of the Monarch Money personal finance app, both on the web and the mobile app!
Videos referenced in this video:
Rocket Money Review (2023) | Savvy Business
• Rocket Money Review (2...
Personal Finance Software in 2022 - Ditching Quicken
• Personal Finance Softw...
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[@oxxxeee]

i switched from MINT early on to Monarch. Great software.

[@FrugalNotCheap]

Nice! Glad you like it! What's your favorite thing about it?

[@benkurai6646]

Thanks for this video, here's a comment for the algorithm to help your channel out

[@FrugalNotCheap]

Thank You! 😀

[@chrisg7227]

Great video, would you be able to make a comparison against empower? Also the rule feature for transaction of monarch is pretty sweet

[@FrugalNotCheap]

Thank You! That's cool that the transaction rules work well! Empower tries to learn but you can't write manual rules. I'll be doing a comparison of all the personal finance softwares I've tried soon, laying out the options and my thoughts :)

[@andrew8970]

I loved Mint, they really dropped the ball with CK. I changed over to Empower out of frustration. MM looks interesting and good overview, but I'll personally stick with Empower for my needs which is more investment and net worth tracking.

[@FrugalNotCheap]

Exactly the same for me!

[@matthewshields2841]

MM looks like a good all-rounder: my use case is transaction categories over stock tracking. But right now MM won't play with Aussie bank feeds (YNAB will for ~ $20 premium). Manual entry is a chore. If it did sync with global banks I'd consider it.

[@FrugalNotCheap]

That's too bad it doesn't work in Australia, thanks for commenting so that people know!

[@user-fv1576]

Any options for the UK?

[@FrugalNotCheap]

Good question! I'll try taking a look at non-US software in the future! Thank you!

[@newdaysamepains]

Excel? lol

[@FrugalNotCheap]

Google sheets? 😶