Comparison
WealthMode vs Monarch
Core budgeting features with a free tier to get started.
Monarch is a solid tool, and we respect what they've built. WealthMode offers a different approach — start free, upgrade when you're ready.
Last verified: March 2026 · Check Monarch's current offering
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Feature Comparison
| Feature | WealthMode | Monarch |
|---|---|---|
| Price (USD) | Free to start / $59/yr Pro | $99/year |
| Budget Tracking | ||
| Goal Setting | ||
| Bank Sync | ||
| Reports & Insights | ||
| Mobile App | Coming Soon | |
| Investment Tracking | ||
| Learning Curve | Easy | Moderate |
| Import your data (CSV) |
Why Choose WealthMode
Generous Free Tier
Get started with core budgeting features for free. Paid plans are available when you're ready for more.
Actively Growing
We're building new features based on user feedback. Check our blog to see what's next.
Independent & Focused
Built by a developer who understands the day-to-day of personal finance — not a faceless corporation.
Your Privacy Matters
We don't sell your data or show ads. Your financial information stays between you and WealthMode.
Clear, calm design
Budgeting doesn't have to be a chore. WealthMode's clean, modern interface makes managing money feel calm and approachable.
Try Pro, On Us
Curious about automatic bank sync and the rest of Pro? Your first 7 days are free, no card needed — so you can see if it fits before paying a cent.
Switching from Monarch?
Bring your history with you — import your Monarch CSV in a few steps.
- 1
Export your Monarch data
In Monarch, export your transactions to a CSV file.
- 2
Upload it to WealthMode
Create a free account and drop your CSV into the importer.
- 3
Confirm the mapping
WealthMode reads Monarch's signed amounts (including parenthesized debits), categories, tags and notes. Review and adjust the detected columns.
- 4
Import
Your transactions, categories and tags land in WealthMode, ready to budget.
Frequently asked questions
Can I import my Monarch Money data?
Yes. Export your Monarch transactions as CSV and import them — WealthMode reads Monarch's signed amount format, categories, tags and notes.
Are expenses imported with the correct sign?
Yes. WealthMode correctly reads Monarch's negative and parenthesized amounts as expenses, so your inflows and outflows stay accurate.
Will my multiple accounts import correctly?
Yes. If your export spans multiple accounts, you can route each to the matching account in WealthMode during import.