Monarch Money vs Balance Pro Comparison

90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Monarch Money

Personal Finance Software

1 1 user ratings

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80% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Balance Pro

Personal Finance Software

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Overview

Description

Monarch Money is a platform used to track accounts and analyze your investments to achieve your goals. The software offers tools to up-to-date view of your assets, liabilities, and spending. Collaborate with teams to identify trends and setup budgets to monitor your track with goals. It supports Mobile Android and iOS. Individuals, Small companies make use of the software. Read more

Balance Pro is a personal finance and budgeting app that assists you in achieving your financial goals. This app lets you easily track your spending, set budgets and goals, scan receipts, and categorize transactions. Additionally, it enables you to monitor bills and subscriptions and even set up reminders to ensure you never miss a payment. Read more

Pricing Options

Free Trial Available
Starts at $7.50.

Free Trial Not Available
Starts at $4.17. Offers Free-forever plan.

SW Score & Breakdown

90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

98%
Reviews

68%
Momentum

67%
Popularity

83%

80% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

91%
Reviews

60%
Momentum

60%
Popularity

65%

Features

Total Features	13 Features	9 Features
Common Features for All	Alerts Provides reminders or notifications when a deadline is approaching, an upcoming event or a pending task Bills Management Facility to add manage purchase bills and get reminded if bills are due Budgeting Prepares a plan to spend your money by balancing income and expenses. Expense Groups Allows to categorize or group the transactions with common attributes Financial Dashboard All in one dashboard that presents the financial performance. Investment Monitoring Monitors the performance of savings and investments Multi-Currency Enables payment and collection in multiple currencies. Payment Gateway Facilitates payments for bills, membership, donation, etc. Property Management Track & manage documents, expenses, income, loans, etc related to all rental properties. Reports Comes with reporting capabilities and features custom pre-built reports Spend Tracker Tracks expense and spend patterns to make your finances manageable Spending Limit Allows to set a spending limit to control overspending and ensures it is in-line to budget Tax Reports Helps to calculate the tax payable on different Income types and prepares a tax report Transaction History Allows to verify or check all your historical transactions anytime + 10 More - Show Less	Alerts Provides reminders or notifications when a deadline is approaching, an upcoming event or a pending task Bills Management Facility to add manage purchase bills and get reminded if bills are due Budgeting Prepares a plan to spend your money by balancing income and expenses. Expense Groups Allows to categorize or group the transactions with common attributes Financial Dashboard All in one dashboard that presents the financial performance. Investment Monitoring Monitors the performance of savings and investments Multi-Currency Enables payment and collection in multiple currencies. Payment Gateway Facilitates payments for bills, membership, donation, etc. Property Management Track & manage documents, expenses, income, loans, etc related to all rental properties. Reports Comes with reporting capabilities and features custom pre-built reports Spend Tracker Tracks expense and spend patterns to make your finances manageable Spending Limit Allows to set a spending limit to control overspending and ensures it is in-line to budget Tax Reports Helps to calculate the tax payable on different Income types and prepares a tax report Transaction History Allows to verify or check all your historical transactions anytime + 6 More - Show Less

Technical Details

Organization Types Supported	Individuals Large Enterprises Medium Business Small Business	Individuals Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Online	Online

Reviews & Ratings

User Rating	1/5 1 user ratings	Not Available
Rating Distribution	Excellent 0% Very Good 0% Average 0% Poor 0% Terrible 100%	Not Available
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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Starts at $7.50.	Free Trial Not Available Starts at $4.17. Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Monarch $7.50 $9.99 per month	Free Free Premium $4.17 $4.99 per month Ultra $8.33 $9.99 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Simplifi Monarch Money Vs Simplifi Personal Capital 4.4 5 ratings Monarch Money Vs Personal Capital Lunch Money Monarch Money Vs Lunch Money Money Dashboard 3.2 79 ratings Monarch Money Vs Money Dashboard Quicken 3.6 31,515 ratings Monarch Money Vs Quicken	Money Dashboard 3.2 79 ratings Balance Pro Vs Money Dashboard Lunch Money Balance Pro Vs Lunch Money Spendee 3 10 ratings Balance Pro Vs Spendee MoneyCoach Pockett Balance Pro Vs Pockett
	View All Monarch Money Alternatives	View All Balance Pro Alternatives