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Compare Budgeting Apps

Side-by-side comparison of 2 budgeting apps

Feature

Empower

★ 4.00
View Details →

Monarch Money

★ 4.50
View Details →
Basic Information
Website Visit Site ↗ Visit Site ↗
Pricing Model Freemium Subscription
Price Details Free for dashboard and tools; advisory services start at 0.89% AUM for the first $1M, dropping to 0.49% above $10M. Monthly or annual subscription plans; free trial available
Monthly Price Free $14.99
Annual Price Free $99.99
Save $79.89/year
Founded 2009 2018
Platform Support
Web
Ios
Android
Windows
Mac
Linux
Features
Account aggregation
Account syncing (bank, credit, investments)
Ad-free experience
Budget and cash flow tracking
Collaboration with partners or advisors
Custom reports and visualizations
Customizable budgets
Debt paydown planner
Emergency fund recommendations
Fee Analyzer for hidden investment costs
Goal tracking (savings, debt payoff)
Investment portfolio analysis
Net worth tracking
Privacy-focused (no data selling)
Retirement planning tools
Tax optimization strategies
Transaction categorization
Pros & Cons
Pros
  • + Free and robust financial tracking tools
  • + User-friendly, visually appealing interface
  • + Comprehensive investment analysis
  • + Clean, intuitive interface
  • + Syncs a wide range of accounts
  • + Great for couples or shared budgeting
Cons
  • Frequent account syncing issues
  • Limited transaction customization (no date changes or manual entries)
  • Advisory fees are steep compared to competitors
  • No free plan—paywall city
  • Can’t import Mint data directly (ouch)
  • Some features feel basic for the price

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Quick Summary

Empower

Best for:

Users wanting to try before buying

Platform coverage:

6 platforms

Feature count:

10 features

Monarch Money

Best for:

Users wanting ongoing support

Platform coverage:

6 platforms

Feature count:

9 features