Disclosure: we make Let's Save. Each fact about another app has a numbered link to that company's own page, and the sources at the end give the day we checked it. Where another app suits you better, we say so.
What is the best alternative to Monarch Money?
It depends on why you want to leave. For a free plan or money in more than one currency, look at Let's Save, our own app, or Spendee. For a strict budgeting method, look at YNAB. If you live in the US and use Apple devices, Copilot Money is a polished choice.
Why do people look for a Monarch Money alternative?
Usually for one of four reasons: the price, which is $99.99 a year for the Core plan after a 7-day trial; forecasting, which needs the higher-priced Plus plan; currencies, since Monarch handles only US and Canadian dollars; or privacy, because a Monarch partner sees everything in the household. [1][2][3]
Monarch shows every account with a dollar sign and converts nothing, so ¥1,000 appears as $1,000. Its CSV import on the web can't be undone, so a mistake has to be fixed by hand. And a partner joins at no extra cost but sees every account, which suits some couples and not others. [2][4][3]
How do the Monarch Money alternatives compare?
On price, Let's Save and Spendee have free plans, while YNAB and Copilot Money start with a free trial and cost $109 a year when paid yearly. On currencies, only Let's Save converts each transaction at the rate from its own date. YNAB, Copilot and Monarch don't convert, and Spendee uses a rate you set.
| App | Price | Free plan | Currencies | Runs on |
|---|---|---|---|---|
| Let's Save (our app) | Free; Plus $3.99 a month or $39.90 a year; Pro $6.99 a month or $69.90 a year, before tax | Yes: your last 3 months, with no time limit | 160+, each transaction at its own date's rate | Any web browser |
| YNAB | $14.99 a month or $109 a year | No: a 34-day free trial | One per plan, no conversion | Web, iPhone, iPad, Android, Apple Watch |
| Copilot Money | $109 a year, a limited-time price (normally $119) | No: a one-month free trial | US dollars only | iPhone, iPad, Mac and the web |
| Spendee | Free; Plus and Premium are paid | Yes: one cash wallet and one budget | One per wallet, at a rate you set | Web, iOS, Android |
| Monarch Money | $99.99 a year for Core | No: a 7-day trial | US and Canadian dollars, no conversion | Web, iOS, Android |
Prices are in US dollars as each company lists them, and tax is added where it applies, ours included.
Is YNAB a good alternative to Monarch Money?
Yes, if you want a method as well as an app. YNAB asks you to decide what your money is for before you spend it, and to keep doing that every month. It costs $14.99 a month or $109 a year after a 34-day free trial, and it has no free plan. [5][6]
If you like that structure, YNAB is the app here built most closely around it. If you mainly want to see where your money went, it may ask more of you than you need.
A YNAB plan holds one currency, and YNAB doesn't convert currencies within a plan; its own advice is a separate plan for each currency. It links bank accounts in the US, Canada, the UK and selected European countries, and runs on the web, iPhone, iPad, Android and Apple Watch. [7][8][9]
Is Copilot Money better than Monarch?
For some people. Copilot Money is a polished app for iPhone, iPad, Mac and the web, and it links US accounts today. It works only in US dollars, has no Android app and no free plan, and costs $109 a year at a limited-time price that is normally $119. [10][11]
It doesn't convert foreign transactions, so it suits people whose accounts are all in the US. There's a one-month free trial. [12][10]
If you're coming from Mint, Copilot can bring your Mint history straight in. Its MCP connector, which lets an assistant such as Claude read your data, is read-only. [13][14]
Is Spendee a good free alternative to Monarch?
If you mostly log spending by hand, yes. Spendee's free plan has one cash wallet and one budget, and wallets can be in different currencies at a rate you set. Bank sync needs its Premium plan, budgets aren't on its web app yet, and it has no forecast of your balance. [15][16][17][18]
Spendee's Plus plan adds wallets and sharing. Premium, bought in the mobile app, connects banks and e-wallets such as PayPal, which Let's Save can't do yet. Its charts show what already happened, plus scheduled payments you enter yourself. [15][19][18]
Is Let's Save a good alternative to Monarch Money?
We built it to be, so weigh our view accordingly. It suits you if you hold money in more than one currency, want a forecast without paying for a top tier, or want to keep some accounts private from a partner. It isn't the right pick if you need automatic bank sync today.
The free plan keeps your last three months of history with no time limit, with unlimited accounts and CSV and Excel import. Plus costs $3.99 a month or $39.90 a year before tax and adds your whole history, the forecast and reports. Pro, at $6.99 a month or $69.90 a year before tax, adds savings plans and AI statement import.
Accounts can be in any of 160+ currencies, and each transaction is converted at the rate from its own date, so last year's totals don't move with exchange rates. The forecast projects your balance 6, 12 or 24 months ahead and, when you spend more than you earn, shows how many months your money will last.
Bank and card files are read in your browser, and you can undo an import for 30 days. Read-only bank sync is on its way, from the Plus plan. Until then, transactions come in by import or by hand.
Compare Let's Save and Monarch Money in detail
Who should stay with Monarch Money?
Stay if all your money is in US or Canadian dollars, you want automatic bank sync working today, and you're happy for everyone in your household to see everything. Monarch does those things well, and moving apps takes time. Switching makes most sense when price, currencies or privacy are the problem.
Monarch also has an MCP connector that lets an assistant such as Claude read your data, or read and change it if you allow that. [20]
How do you move from Monarch Money to another app?
Export your transactions from Monarch as a CSV file, then import that file into the new app. In Monarch on the web, go to Settings, then Data, to download every transaction. Monarch suggests 5,000 transactions or fewer per download, so split a long history by date. [21]
To move one account at a time, open it in Monarch, select Edit and download just its transactions. Let's Save reads the file in your browser and matches the columns for you, and you can undo an import for 30 days, so a test run costs nothing. [21]