Luna Budgeting vs Monarch Money
Comprehensive comparison to help you choose the best budgeting tool for your needs
Luna Budgeting
Beautiful manual budgeting app focused on spending awareness through intentional tracking
Monarch Money
Comprehensive financial management platform with advanced budgeting, investment tracking, and collaboration features.
Feature Comparison
| Aspect | Luna Budgeting | Monarch Money |
|---|---|---|
| Starting Price | Monthly $4.99/month | $99.99/year ($8.33/month) or $14.99/month |
| Platforms | iOS | WebiOSAndroid |
| Key Features |
|
|
| Best For | Manual budgeting enthusiasts, design-focused users, privacy-conscious individuals | Former Mint users and serious budgeters who want comprehensive financial tracking with investment features. |
Pros and Cons
Luna Budgeting
Pros
- Beautiful, minimalist interface
- Promotes mindful spending
- One-time purchase option
- Privacy-focused with local storage
- Highly customizable
- No ads or upsells
- Price lock for subscribers
Cons
- iOS only
- No bank connections
- Manual entry required
- No cloud sync
- Limited reporting features
- No web version
Monarch Money
Pros
- Best Mint replacement
- Excellent UI/UX
- Partner access included
- Strong investment features
- Regular updates
Cons
- No free tier
- Higher price point
- Limited international support
- Learning curve for new users
- Some bank sync issues
Which Should You Choose?
Choose Luna Budgeting if you manual budgeting enthusiasts, design-focused users, privacy-conscious individuals and value beautiful, minimalist interface.
Choose Monarch Money if you former mint users and serious budgeters who want comprehensive financial tracking with investment features. and prefer best mint replacement.
Both tools excel in the budgeting space, but serve slightly different needs. Consider starting with free trials of both to see which interface and workflow suits you better.