~$99.99/year ($8.33/month); 7-day free trial· #3
Try Free →Monarch Money
Monarch Money
Purpose-built for couples and families with the best collaborative budgeting features available
Monarch Money was designed from the ground up with couples and families in mind, and it shows. The collaborative features — simultaneous access, shared goals, combined net worth view — are more thoughtfully implemented than in any competing app. It also works across all devices and platforms, removing the iOS-only friction of Copilot. For families who want a comprehensive financial overview (budget + investments + net worth) in a single app that both partners will actually use, Monarch is the best choice available.
✓ Pros
- Best family-sharing architecture of any app reviewed — both partners have full, equal access with real-time collaboration built into the core product
- Available on iOS and Android with strong web app, making it accessible for families with mixed devices
- Combines budgeting, net worth tracking, and investment monitoring in one dashboard — a true financial command center
✕ Cons
- Newer platform means occasional rough edges in the product; smaller community than YNAB for troubleshooting support
- Less opinionated about budgeting method than YNAB — families who need structure and accountability may find it too flexible
Scores
Overall
9
Features
9.1
EaseOfUse
9
FamilySharing
9.6
GoalTracking
9
Value
9