Cancel Monarch Money in 2026: Is $15/Month Budgeting Worth It?
Updated February 2026 • 6 min read
What Monarch Money Costs
- Monthly: $14.99/month ($180/year)
- Annual: $99.99/year ($8.33/month)
- What it does: Account aggregation, budgeting, net worth tracking, investment monitoring, shared household finances
Monarch became the go-to Mint replacement after Mint shut down in 2024. But paying $100-180/year to track where your money goes is ironic if the goal is saving money.
How to Cancel Monarch Money
- Open monarchmoney.com and log in
- Go to Settings → Subscription
- Click "Cancel Subscription"
- Your data remains accessible in read-only mode after cancellation
- Export your transaction data before canceling (Settings → Export)
Free Alternatives
- Your bank's app: Chase, BofA, Capital One, and most major banks now have built-in spending insights, budgets, and subscription tracking — free
- Apple Wallet (iOS 17.4+): Automatic spending tracking and categorization for Apple Card and linked accounts
- Google Sheets budget template: Free, fully customizable, no data privacy concerns
- Copilot Money: $7/month — half the price of Monarch with similar features (if you want an app)
- Lunch Money: $10/month — developer-friendly, import via CSV, manual tracking option
- Every Dollar (Ramsey): Free tier for basic zero-based budgeting
⚡ The Spreadsheet Method
A Google Sheet with 3 columns (date, category, amount) and a monthly review takes 15 minutes/month and costs $0. Many financial advisors recommend this over apps because manual entry builds awareness of spending habits that automatic tracking doesn't.
When Monarch IS Worth Keeping
- You have 5+ financial accounts across multiple institutions and need a single dashboard
- You share finances with a partner and both need real-time visibility
- You're actively paying down debt and need the tracking accountability
- The $100/year cost is recouped by the spending awareness it creates (track this!)
🔍 What subscriptions is Monarch tracking for you?
Upload your bank statement to JustCancel for a one-time subscription audit — no monthly fee required.
Direct cancel link + step-by-step instructions
More from the Blog
- 📋 How to Do a Full Subscription Audit
- 🔒 The Hardest Subscriptions to Cancel
- 💰 I Cancelled Everything — Saved $1,613/yr
- 🎨 Cancel Adobe CC — Avoid the 50% Fee
- 🏋️ Cancel Any Gym Membership (12 Gyms)
- 📈 Delete Robinhood — ACATS Transfer Guide
- 🎭 Dark Patterns Hall of Shame
- 📺 Streaming Services Comparison 2026
- 🧟 Zombie Subscriptions: Charges That Won't Die
- ⏰ The Free Trial Trap — Don't Fall For It
- 💸 Cancellation Fees: How to Avoid Them
Popular Cancel Guides
Want to find ALL your subscriptions at once?
Upload a bank statement and we'll detect every recurring charge in 30 seconds. Most people find 3-5 subscriptions they forgot about.
Scan My Statement — FreeNo account · No bank login · 960+ people have used JustCancel