Alternatives
Monarch Money alternative
Monarch is a budgeting app that also tracks net worth, at $99.96 a year for Core or $199.96 for Plus, and it needs your bank logins to work. NetWorthTrackr does one of those jobs — net worth across 31 currencies — for free, without ever asking for a credential. If you want budgeting and transaction categorisation, Monarch is the better product and this page will say so.
They are not really the same product
Monarch is a budgeting app. Its core loop is connecting accounts, pulling in transactions, categorising them and holding you to a budget. Net worth is one screen inside that.
NetWorthTrackr does not do budgeting at all. There are no transactions in the product, no categories to maintain and no spending alerts. It answers one question — what am I worth, in one number, across every currency and country — and keeps a history of the answer.
That is worth being blunt about before any price comparison, because if you want to know where your money went last month, we are the wrong tool at any price. If you have never once stuck with a budgeting app and just want the total to be right, a budgeting subscription is a lot to carry for one screen.
What the subscription costs
What the subscription actually costs
Drag it out to ten years
Monarch
Core — $99.96/year
Paid after 5 years
$499.80
NetWorthTrackr
Every feature — $0/year
Paid after 5 years
$0
Monarch pricing read from monarch.com/pricing on 17 August 2026. Prices change — check theirs before deciding, and tell us if this is out of date.
Core is $8.33 a month, billed $99.96 annually; Plus is $16.67 a month, billed $199.96. There is a 7-day free trial, though it requires a payment method up front, and they run a 30% first-year discount with a welcome code. Plus adds business income and expense tracking, P&L and tax-prep exports, advanced investment analysis and will creation.
None of that is expensive for what it is. The question is only whether you need the budgeting engine it is attached to.
Their argument for paying, and our answer
Monarch makes a genuinely good argument on its own pricing page: when you are not paying for a service, you are the product — free finance apps are incentivised to sell your data to advertisers. That is true of a great many free finance apps, and it is the right question to ask about this one.
Our answer has two parts. First, we do not sell data and never have — there is no advertising in the product, no affiliate marketplace and no data broker relationship. Second, and more importantly, we have far less to sell than a budgeting app does: no bank connection means no transaction stream, and a transaction stream is the thing that is actually valuable to advertisers. We hold balances you typed. That is a much less interesting dataset, by design.
The honest caveat is the one their argument gets right: a product with no revenue has no guaranteed future. Everything here is free today, with no paid tier and no card on file, and if that ever changed we would say so plainly rather than converting accounts quietly. Your data is exportable at any time regardless, which is the part that actually protects you.
Where each one wins
Choose Monarch
- You want budgeting and transaction categorisation
- Your accounts are among their 13,000+ institutions
- You want Zillow home values and Coinbase syncing
- Sharing with a partner or an adviser matters
$99.96/yr Core, $199.96/yr Plus.
Choose NetWorthTrackr
- You only want net worth, tracked properly over time
- Your accounts are outside their supported list
- You hold several of 31 currencies
- You will not hand bank logins to any third party
Free, every feature, no card.
The coverage point matters more than it looks. Monarch connects to 13,000+ banks, which is a lot — and is still a list. If your bank in India, the Netherlands or Singapore is not on it, you are paying a subscription to type balances by hand, which is the exact work the subscription was meant to remove.
NetWorthTrackr versus Monarch Money
| NetWorthTrackr | Monarch | |
|---|---|---|
| Price | Free, every feature | $99.96/yr Core · $199.96/yr Plus |
| What it is | Net worth tracker only | Budgeting app with net worth included |
| Bank credentials | Never requested | Required — 13,000+ institutions |
| Budgeting | None at all | Full budgeting and categorisation |
| Country coverage | Any — nothing connects | Supported institutions, US and Canada |
| Currencies | 31, ECB reference rates | USD-centric |
| Market pricing | US, EU, UK, German, Indian exchanges | Via linked accounts and Coinbase |
| Trial | None needed | 7 days, payment method required |
Monarch is a good budgeting app and the net worth screen comes along with it. If budgeting is what you actually want, pay for it — nothing here replaces that. But if you have already decided you are not going to budget, and you just want one honest number that includes the flat in another country and the pension in a third, you are being asked to fund an engine you will not switch on.
Common questions
Monarch lists Core at $8.33 a month, billed $99.96 annually, and Plus at $16.67 a month, billed $199.96 annually. There is a 7-day free trial that requires a payment method. Read from monarch.com/pricing on 17 August 2026 — check their site, as pricing changes.
For net worth tracking, yes — NetWorthTrackr is free with every feature included, covering assets, liabilities, property and crypto across 31 currencies. For budgeting and transaction categorisation there is no equivalent here, because the product deliberately does not do those things.
Budgeting, transaction categorisation, spending alerts, automatic balance syncing from linked accounts, and their Zillow and Coinbase integrations. What you gain is no subscription, no bank credentials shared, every country supported equally, and 31 currencies converted nightly.
No, and it is not planned. There are no transactions in the product at all. It tracks what you own and owe, converts it to one number, and keeps the history — which is a different job from managing monthly spending.
No. There is no advertising, no affiliate marketplace and no data sold. There is also much less to sell than a budgeting app holds: with no bank connection there is no transaction stream, which is the part advertisers actually want. You can export or delete everything at any time.
Monarch supports over 13,000 institutions and publishes a Canadian offering, so North America is well covered. Coverage elsewhere depends on whether your specific institution is supported — worth checking with them before subscribing if your accounts are outside the US and Canada.