Monarch features at half the price.
Monarch Money raised prices to $14.99/month ($99.99/year) after Mint shut down and absorbed Mint refugees who didn’t know better. We deliver the same Plaid bank sync, beautiful dashboard and net worth tracking at $7.99/month — with a real free plan that Monarch dropped in 2024.
PocketSpend
$7.99/mo
Save 47%
cheaper, every month
Monarch Money
$14.99/mo
Why people are leaving Monarch Money
- 1.Monarch dropped its free plan in 2024 right after Mint died, capitalizing on refugees. PocketSpend still has a free plan with one bank connection forever.
- 2.Monarch’s annual plan saves $80 but locks you in for 12 months. We bill monthly with no penalty. Cancel any month, no questions.
- 3.Monarch’s investment tracking is paywalled separately on top of the subscription. Ours is included.
- 4.Couples sharing one Monarch account pay full price even though usage doubles. Our Family plan is built into Business at $11.99/mo (5 seats).
Feature-by-feature: PocketSpend vs Monarch Money
| Feature | PocketSpend | Monarch Money |
|---|---|---|
| Monthly price | $7.99 | $14.99 |
| Annual price | $79.99 | $99.99 |
| Free plan Monarch dropped it 2024 | ✓ | ✗ |
| Plaid bank sync | ✓ | ✓ |
| Investment tracking | Included | Add-on |
| Couples / multi-user | 5 seats on Business | Single account |
| Subscription finder | AI | ✓ |
| Schedule C / freelance | ✓ | ✗ |
| Multi-currency | ✓ | ✗ |
What PocketSpend does that Monarch Money can't
Real free plan
Connect 1 bank, track basic budgets, set 1 savings goal — forever, no card required. Monarch killed their free plan to monetize Mint refugees.
Freelancer tools included
Schedule C tracker, 1099 income logging, mileage auto-detector, quarterly tax reminders. Monarch has none of this — they target W-2 households.
Multi-currency for travelers
Hold USD, EUR, GBP, AED, CAD wallets. Live FX rates. Critical for snowbirds, expats and remote workers. Monarch is USD-only.
No annual lock-in
Cancel monthly at any time — you keep access until period end. Monarch’s annual discount locks you in for 12 months with no pro-rata refund.
The verdict
Monarch Money is a polished product that capitalised on Mint’s shutdown by dropping its free plan and charging Mint-refugee prices. PocketSpend gives you the same elegant bank sync and net worth view, keeps the free plan alive, includes investments and multi-currency, and saves you $84/year. There is no feature Monarch has that justifies double the price.
Common questions
Is Monarch better designed than PocketSpend?▼
Monarch’s desktop dashboard is gorgeous — we admit it. Our 2025 redesign closed the gap on mobile and added a web dashboard at app.pocketspend.cloud. Try both. Most users prefer our mobile app.
Can I import my Monarch data?▼
Yes. Monarch supports CSV export of all transactions and accounts. We have a one-click importer that maps Monarch categories to PocketSpend automatically.
Does PocketSpend support joint household budgeting?▼
Yes — our Business tier ($11.99/mo) includes 5 user seats for couples and families. Monarch charges full single-user pricing regardless of usage.
What about investment tracking?▼
Plaid investment endpoints supported: Schwab, Fidelity, Vanguard, Robinhood, ETrade and 50+ more. Portfolio value rolls into net worth. View-only, no trading.
Try PocketSpend free
Free plan forever. No credit card. Cancel anytime.