Looking for a Monarch Money alternative? Start with why
Monarch is a good app with a real price and a map that stops at two countries. Which alternative is right depends on whether you are leaving over the cost, the coverage, the bank connection or the currencies - and for one of those, stay where you are.
Stay with Monarch Money if you live in the US or Canada and want connected accounts or a shared household view, because Hundo has neither. Hundo fits if you live outside those two countries or hold money in more than one currency: each account, asset and budget keeps its own currency, one net worth adds them up and shows what moved it, suggestions from your own history fill an entry in one tap, and the tracker is free forever.
Monarch is a polished product. It has connected accounts, shared household budgeting, a clean net worth view, and people who moved there after Mint closed and stayed.
If you are searching for an alternative, one of four things is usually behind it. The right answer is different for each, and for the first one the answer is to stay.
Is there a cheaper app that does what Monarch does?Link to this section
Monarch publishes its prices: Core at $8.33 a month, billed $99.99 a year, and Plus at $16.67 a month, billed $199.99 a year, each after a 7-day free trial.
That is the going rate for a connected budgeting app. It is not an outlier, and the cheaper options in that category - Quicken Simplifi, Rocket Money - are trading something for the price.
If connected accounts are what you are paying for, do not switch to us. Hundo has no bank connection at all. Moving here to save the subscription would cost you the feed, and you would feel that every week.
Our Mint replacement guide lists the connected apps honestly, including the ones that undercut Monarch.
Does Monarch work outside the US and Canada?Link to this section
No, by Monarch's own account, and this is the one most "best alternatives" lists skip.
Monarch's own download page says it is "available on web, iPhone, iPad, and Android in the United States and Canada".
Two countries. If you are anywhere else, Monarch was never on your list, whatever a review site told you. Neither were most of the apps in the same roundups, because they are built on the same US and Canadian bank feeds.
Outside that map you enter things yourself whichever app you pick, so the question becomes how quick an app makes that. How to log every expense yourself without it becoming a chore covers what to look for.
If that is your situation, what to do when no app supports your country is the fuller answer, including how to check any app in two minutes before you trust its marketing.
What if you would rather put entries in yourself?Link to this section
Some people will not share an online banking login with a third party, whatever the security page says. Others have had a feed break once too often.
That is a decision about how the data gets in, not about which app is prettier. If you are making it, the choice narrows to apps that expect you to put entries in yourself, and the whole question becomes how fast that is.
In Hundo, open "add transaction" and your usual entries are already there, ranked out of your own history: a subscription on its usual day, a regular bill, a usual amount. One tap fills the whole entry. You can also type the amount and pick from the merchants that match it, import a CSV or an Excel file, photograph a receipt, forward an email receipt to your own address, or tell the assistant in a sentence. Nothing the assistant drafts is recorded until you confirm it.
The suggestions, typing and file import are free and uncapped. Photographs, forwarded email and the assistant are part of Pro. How to keep tracking by hand after the novelty wears off covers the habit side of that choice.
Does Monarch handle more than one currency?Link to this section
Not by converting between them. Monarch's help centre says it "displays all financial data using the $ symbol" and "does not perform any currency conversion", and it recommends connecting only USD or CAD accounts.
If you hold two or more currencies, check any app's behaviour before you trust its totals: whether each account can keep its own currency, which rate a conversion uses, and whether last year's numbers are still converted at last year's rate.
That is where we put the work. Every account, asset and budget in Hundo keeps its own currency, in 166 of them, each transaction stores the rate for its own date, and the net worth page can tell you how much of a month's change was the market and how much was the exchange rate. Which exchange rate to record for a purchase in another currency covers card charges, fees and refunds.
You can test the arithmetic without an account: add up a net worth across several currencies at today's rates, or see how much of an investment's return was the currency.
What do you give up by leaving Monarch for Hundo?Link to this section
Being fair about this matters more than winning the comparison.
- No connected accounts. Hundo has no bank connection, so nothing appears by itself. You put it in, or import it.
- No automatic property or vehicle values. You set those and update them when you want to.
- Not a household-first product. Monarch is built around a shared view for a couple, and that is a real strength of it.
What does Hundo give you instead?Link to this section
- A tracker that is free forever, with nothing capped: unlimited accounts, transactions, budgets and assets.
- Every currency, each account, asset and budget in its own, with each transaction keeping the rate for its own date.
- What moved your net worth. The net worth chart splits the change over any period into the part that came from your money and the part that came from exchange rates.
- Your own AI, if you want one. Hundo publishes an MCP server, so Claude, ChatGPT or another assistant can read your ledger and draft changes you confirm. That layer is pay what you want: $36 a year at the floor, $72 if you want to pick the suggested amount, or $8 a month. How it works.
Monarch Money vs Hundo at a glanceLink to this section
| Monarch Money | Hundo | |
|---|---|---|
| Price | Core $99.99 a year ($8.33 a month). Plus $199.99 a year ($16.67 a month) | Tracker free forever. Pro is pay what you want from $36 a year (suggested $72), or $8 a month |
| Free option | A 7-day free trial, payment method required | The tracker, free forever with nothing capped |
| Bank connection | Yes, to 13,000+ banks and financial institutions | None |
| Countries | United States and Canada | No country list |
| Currencies | Shows every amount with a $ sign and does no conversion. Recommends USD or CAD accounts only | 166. Each account, asset and budget keeps its own, and each transaction stores the rate for its own date |
| Apps | Web, iPhone, iPad and Android | Web app you can install as a PWA. No app-store app |
| AI assistant | Yes, in Core and Plus | Yes, in Pro |
| MCP server | Published, but "temporarily paused" | Yes, in Pro |
Monarch column checked 15 September 2026 against Monarch's pricing page, download page, currency article and MCP article.
The short versionLink to this section
Staying in the US or Canada, happy with connected accounts, want a shared household view? Monarch is a good product and this page is not trying to talk you out of it.
Outside those two countries, or unwilling to connect a bank, or holding more than one currency? Monarch cannot be your app, and the question was never Monarch versus us.
Common questionsLink to this section
How much does Monarch Money cost?Link to this section
Monarch Core is $99.99 a year and Monarch Plus is $199.99 a year, each after a 7-day free trial. The Hundo tracker is free forever, and Hundo Pro, the AI assistant and your collectibles, is pay what you want from $36 a year, or $8 a month.
Should I switch from Monarch to Hundo to save money?Link to this section
Not if connected accounts are what you pay Monarch for. Hundo has no bank connection at all, so moving to Hundo to save the subscription would cost you the feed.
Can I use Hundo in a country Monarch does not support?Link to this section
Yes. Monarch says it is available in the United States and Canada. Hundo does not connect to banks, so it has no list of supported countries: every entry is one you add, and suggestions from your own history fill one in a tap.
Does Hundo value property and vehicles automatically?Link to this section
No. In Hundo you set property and vehicle values yourself and update them when you want to.