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Compare Budgeting Apps

Side-by-side comparison of 2 budgeting apps

Feature

Monarch Money

★ 4.50
View Details →

NeoBudget

★ 3.80
View Details →
Basic Information
Website Visit Site ↗ Visit Site ↗
Pricing Model Subscription Freemium
Price Details Monthly or annual subscription plans; free trial available Free version for basic budgeting; paid plan at $5.95/month or $59.95/year for advanced features like group plans and ledgers.
Monthly Price $14.99 $5.95
Annual Price $99.99
Save $79.89/year
$59.95
Save $11.45/year
Founded 2018 2014
Platform Support
Web
Ios
Android
Windows
Mac
Linux
Features
Account syncing (bank, credit, investments)
Ad-free experience
Bank account syncing
Collaboration with partners or advisors
Cross-platform compatibility
Custom reports and visualizations
Customizable budgets
Drag-and-drop transaction categorization
Envelope budgeting system
Goal tracking (savings, debt payoff)
Multi-user sync for shared budgets
Multiple account management
Net worth tracking
OCR receipt scanning
Privacy-focused (no data selling)
Recurring expense reports
Transaction categorization
Transaction splitting
Pros & Cons
Pros
  • + Clean, intuitive interface
  • + Syncs a wide range of accounts
  • + Great for couples or shared budgeting
  • + Visual drag-and-drop interface is a vibe
  • + Affordable paid plan for extra features
  • + Multi-user sync perfect for shared finances
Cons
  • No free plan—paywall city
  • Can’t import Mint data directly (ouch)
  • Some features feel basic for the price
  • Envelope system can be rigid and confusing
  • App crashes, especially on iOS, are a mood-killer
  • No offline mode for mobile budgeting

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Quick Summary

Monarch Money

Best for:

Users wanting ongoing support

Platform coverage:

6 platforms

Feature count:

9 features

NeoBudget

Best for:

Users wanting to try before buying

Platform coverage:

6 platforms

Feature count:

10 features