50% Off First Year Subscription of Monarch Money

Use promo code ROB50 to get 50% off your first year subscription (after a 14-day free trial).

Monarch Money is the budgeting tool my wife and I use. I’ve tested dozens of apps and currently pay for eight of them. I know, I know, a bit crazy. But I’m constantly testing new features on apps.

Monarch Money is my favorite for literally dozens of reasons. Here are just a few:

Monarch Money
  1. Extremely easy to use and excellent graphs and charts.
  2. It uses 3 services to aggregate accounts, so connections are excellent.
  3. Setting up a budget and tracking it throughout the month is very easy.
  4. Monarch automatically categorizes transactions. And if it gets one wrong that I change, it can set up a rule to make sure it gets it right next time.
  5. Monarch can sync with Amazon and Target to get details on each purchase and correctly categorize it. It can even split transactions across multiple categories.
  6. It can track your retirement accounts and other investments, giving you a complete picture of your net worth and finances.
  7. Monarch can monitor you credit score and even use your credit report to sync your credit card bills.
  8. Easily set and track financial goals.
  9. Add your significant other to budget together. There’s even a feature to assign transactions for review to each person that’s part of your budget.
  10. You can refer a friend for a $50 gift card, and they get 50% off the first year, too.

Rob Berger is a former securities lawyer and founding editor of Forbes Money Advisor. He is the author of Retire Before Mom and Dad and the host of the Financial Freedom Show.

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