Monarch
The modern way to manage your money
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Monarch - The modern way to manage your money

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Monarch is a modern personal finance app that actually helps you achieve your financial goals. With Monarch you can manage your entire financial life in one place, create a financial plan, and then easily follow that plan to achieve your financial goals.

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Maker
Hi folks! I’m Val, one of of the co-founders of Monarch. The personal finance problem is near and dear to me, as I was the first product manager on the original team that built Mint over 13 (!) years ago. Despite that (and having tried every personal finance app since) I found that my wife and I were still manually updating spreadsheets to manage our household finances. We set out to solve that problem with Monarch. We’re often asked “How is Monarch different from other personal finance apps?”. Here are some of the things that make Monarch unique: 1) Many apps are good at showing you what happened to your money historically, but by then it’s too late to make any changes. Monarch helps you create a financial forecast (or plan) toward your goals, and then follow that plan. Unlike a spreadsheet, your plan stays up to date in realtime. 2) Personal finance apps are only as good as their underlying data. We’ve built Monarch to work across multiple data aggregators and automatically route you to the best aggregator for a given financial institution. We are continuously investing in this area. 3) We have a transparent, subscription-based business model. We set out to build the best product in the personal finance space and believe in the “you get what you pay for” mantra. We don’t show ads nor sell your data, and we’re obsessed about your privacy. 4) We’re customer obsessed. Because we’re paid by our customers instead of advertisers, we listen to what our customers want and then build it. (Crazy, huh?). We have daily calls with Monarch customers and publish our roadmap so that people can suggest and vote on features. 5) We’re multi player. Managing your finances is often a multi person activity. Monarch makes it easy to securely add multiple people to your account, such as a partner, financial advisor, or accountant. 6) We’re multi-platform. Sometimes you want to manage your money on your phone, sometimes you want to sit down at a computer and dig into the details. Monarch supports both with our mobile (iOS, Android) and web app. Finally, we’re just getting started. We have a lot of exciting things planned (Crypto support coming soon!). We hope you’ll check us out! Sign up on our website with promo code PRODUCTHUNT20 to get 20% off forever.
Please make it available for Kosovo too in App Store. Great Job!
Maker
Thank you! We're only available in the U.S. for now, but we'll expand as our data partners add support for more international financial institutions. We obviously need to add multi-currency support as well.
You say that privacy is a top priority, but unfortunately I inherently don't trust plaid or their privacy/security practices. I'm not a privacy-at-all-costs kind of person and I don't really mind that Google knows most of my interests, but my financial data is more important to me than other areas of data privacy. I don't think there's a good solution to this problem until the banks standardize, but I do not ever plan to give plaid or any third party aggregator service full read/write access to my bank account (especially when only one or the other is usually needed), and their terms of service give me significant pause in terms of their ability to sell access to my data to parties who are neither plaid nor the intended application.
thank you for sharing such important info. I've been using Monarch for 2 months and it's a great app for managing money. My wife likes it too because she doesn't know much about money management and this apps helps her a lot, lol. We've recently had several problems with our loan debt, but she has found somewhere an article at about getting out of debt. It helped a lot along with this app and several other money managing apps. Thank God we have such technologies now.

 Amazing product ! While I'm based out of India, I've had friends and family use Monarch. NetWorth as a concept, is really a good indicator of what you own and what you owe.

Maker
Hey everyone, I'm Jon, one of the co-founders of Monarch. We’re building Monarch into the best platform to manage your personal finances. We launched earlier this year on web, iOS, and Android, and have been rapidly improving the product based on user feedback ever since. Give Monarch a try and let us know what you think! Use the promo code PRODUCTHUNT20 to get 20% off forever (you’ll need to redeem this coupon on web to get the discount). P.S. Thank you for hunting us!
Looks great! Congrats 🚀
any chance there is an updated promo code? Just tried the above code but it didn’t work 🙇‍♂️
Maker
After my wife and I had our first kid, we found ourselves with a bunch of financial questions. What will our expenses look like now? How much do we need to save? What if one or both of us decides to take time off (or work on a start-up)? We tried all the products/tools we could find, but ultimately nothing helped. We ended up in a spreadsheet doing the math together. Money is one of the most stressful parts of most people's lives, behind all sorts of morbid statistics (one of the top drivers of stress, depression, divorce, suicide). We built Monarch to help you make sense of your finances, then figure out a plan and actually stick to it. We abstract away the nitty-gritty, but leave you in control. We build Monarch with no ads, no selling your data, no tricks—I've worked on enough "free" (aka ads-monetized) products to understand the underlying tensions. Especially when it comes to money, you don't want a product where your interests compete against those of advertisers.
Love your product been using it for 3 months now. I couldn't be happier! I love how all the user feature request are public and can be voted on. The transparency is one of the reasons I love you guys so much! Keep up the fantastic work! Also your design is top notch!
Maker
thank you so much!
No problem! Can't wait for upcoming bill feature!
I'm the ex-UX lead and Mobile PM from Mint.com and worked alongside . I'd been looking forward to this for 10 years and it exceeds everything I had hoped for. Turns out you get what you pay for, go figure. My family has been using it for over half a year and it's the mint 2.0 we all wanted. little tweaks that just make things so much easier, actual customer support, and better "auto-pilot." But most of all, an actual solid business model that aligns with user need.
Maker
Thanks for the kind words, and being an early supporter!
Nice to have everything personal finances-related in one place, but bank integrations are somewhat of a headache most of the times. If you get that flowing, that's great!
Maker
Yes! This is a non-trivial problem. We've built a system that lets us work with multiple data aggregators to choose the most reliable connection for each bank.
I really like the design of Monarch! I wish the product supported per account access control for multiplayer.
Maker
Thanks ! I reached out via a separate channel to better understand your use case as we think about more multiplayer features.
The application seems to be wonderful!
Maker
Thank you!
Looks incredible!! Congrats!! Can't wait to try it out
Maker
thank you!
mad props to val, ozzie, and jon - great work!!!
Maker
Thanks for being one of our first supporters :)
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