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Updated 11 months ago on . Most recent reply

User Stats

53
Posts
35
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Ryan Overcash
  • Real Estate Agent
  • Raleigh
35
Votes |
53
Posts

Monarch Money Budgeting

Ryan Overcash
  • Real Estate Agent
  • Raleigh
Posted

Has anyone here used Monarch money? I've heard good things, but assessing if it's worth the $100/year. 

Most Popular Reply

User Stats

128
Posts
123
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Alex L.
  • Rental Property Investor
  • Youngstown, OH
123
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128
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Alex L.
  • Rental Property Investor
  • Youngstown, OH
Replied
Quote from @Ryan Overcash:
Quote from @Alex L.:

I've been using it for the past 2 or 3 years and I really enjoy it. Definitely one of the only paid subscriptions that I actually use regularly and am not upset about whenever the yearly charge goes through. I only use it for my personal stuff, and exclude anything that has to do with my rentals, which I'm assuming would be the plan for yourself.


 Thanks! Seems like a useful tool, but try not to get carried away with subscriptions. I think I'll give it a try


 I totally get it because those subs add up fast. If you're not careful you can easily end up paying $200/mo in subscriptions without even realizing it (this has been the case with my partner and I, between video game stuff and music and entertainment, etc. etc...). Monarch is really nice though, and I've tried all the major budgeting apps because I'm neurotic about my finances but none of them hold a candle to Monarch.

I know they do a 7-day free trial so you can always test it for yourself, but from what I understand you can get an extended 30-day free trial with a member referral link, so here: 

https://www.monarchmoney.com/referral/d2xp9tbgyr

No pressure or anything, just helpful if you'd like to do 30 days instead of 7!

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