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Compare Budgeting Apps

Side-by-side comparison of 2 budgeting apps

Feature

GoodBudget

★ 4.00
View Details →

Monarch Money

★ 4.50
View Details →
Basic Information
Website Visit Site ↗ Visit Site ↗
Pricing Model Freemium Subscription
Price Details Free tier includes 10 envelopes and 1 account. Premium subscription costs $8/month or $70/year for unlimited envelopes, multiple accounts, and debt tracking. Monthly or annual subscription plans; free trial available
Monthly Price $10.00 $14.99
Annual Price $80.00
Save $40.00/year
$99.99
Save $79.89/year
Founded 2011 2018
Platform Support
Web
Ios
Android
Windows
Mac
Linux
Features
Account syncing (bank, credit, investments)
Ad-free experience
Budget templates
CSV export for data
Collaboration with partners or advisors
Custom reports and visualizations
Customizable budgets
Debt tracking (premium)
Envelope-based budgeting
Goal setting
Goal tracking (savings, debt payoff)
Manual transaction entry
Net worth tracking
Privacy-focused (no data selling)
Real-time syncing across devices
Shared budgeting for households
Spending reports and insights
Transaction categorization
Pros & Cons
Pros
  • + Great for couples or shared budgets
  • + Free tier is functional for basic needs
  • + Simple, intuitive envelope system
  • + Clean, intuitive interface
  • + Syncs a wide range of accounts
  • + Great for couples or shared budgeting
Cons
  • No automatic bank syncing
  • Free tier limits you to 10 envelopes
  • Premium feels pricey for what it offers
  • 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

GoodBudget

Best for:

Users wanting to try before buying

Platform coverage:

6 platforms

Feature count:

9 features

Monarch Money

Best for:

Users wanting ongoing support

Platform coverage:

6 platforms

Feature count:

9 features