Miyo vs Monarch Money for couples
Monarch Money is a full-featured money app with a free seat for a second household member. If you want a Monarch Money alternative, this page compares it with Miyo for couples, row by row, using only what Monarch says on its own site and help center.
Miyo is for
Miyo fits couples who want some accounts kept Private or Balance only on the Couple plan, a Free plan to start on, and a view of what's safe to spend until payday.
Monarch Money is for
Monarch Money fits households that want everything in one shared view, investment-performance and home-value tracking, long-range planning on Plus, and native phone apps.
| Feature | Miyo | Monarch Money |
|---|---|---|
| Price source | Free plan; paid plans and prices are on the pricing page | Listed at $14.99/month or $99.99/year for Core, and $199.99/year for Plus, on October 2, 2026 (USD) |
| Free plan source | Yes, a Free plan | Paid subscriptions only, per their help center as of October 2, 2026 |
| Free trial source | 14-day trial, no card; falls back to Free | Listed as a 7-day free trial, payment method required, on October 2, 2026 |
| Second household member source | Add a partner on the Couple plan | Add a partner for free |
| Hide an account or its transactions from the other member source | Yes | No Their help center says bank accounts and transactions can't be hidden in Monarch. On the Miyo Couple plan, each account is Private, Shared or Balance only. |
| Whose money is whose source | Mine / Yours / Ours view on the Couple plan | Shared Views assign ownership to accounts and transactions |
| Budgeting method source | Budgets with rollover | Flex budgeting (fixed, flexible and non-monthly buckets) or category budgeting |
| Forecasting source | Forecast shows what's safe to spend until payday | Forecasts your spending into the future |
| Paycheck calculator source | Paycheck calculator gives a take-home estimate | Not advertised on their site as of October 2, 2026 |
| Investment performance tracking source | Holdings you enter by hand; no performance tracking | Tracks investment performance |
| Native mobile and iPad apps source | No | Yes Miyo is a web app that runs in any browser, on a computer or a phone. |
| Bank connections source | Read-only bank sync through Plaid | Connects to 13,000+ banks and financial institutions |
Where Monarch Money is the better pick
- Investments and home value: Monarch Money tracks investment performance, home value through Zillow, and Coinbase. Miyo lets you enter holdings by hand but doesn't track investment performance.
- Planning on Plus: retirement and life-event modeling and tax-season export reports, which Miyo doesn't offer. Monarch also lists advisor access.
- Apps for web, phone and iPad, plus receipt scanning and an AI assistant.
- Breadth of connections: Monarch Money lists 13,000+ banks and financial institutions.
- A second household member at no extra cost on both tiers.
Who each app suits
Monarch Money is a broad household finance app. Beyond budgeting, it covers investment performance, home value through Zillow, Coinbase and, on its Plus tier, retirement and life-event planning. If you want one app for your whole financial picture, that breadth is a real advantage.
It also treats a household as one shared space. Monarch's help center is direct about this: household members can see all connected bank accounts and transactions, and accounts can't be hidden. Shared Views let you mark who owns what, but the other member still sees it. For couples who already share everything, that is simple and transparent.
Miyo is narrower and makes a different privacy choice. On the Couple plan, each account is set to Private, Shared or Balance only. Balance only shows your partner the account name and balance, never the transactions. The Mine / Yours / Ours view on the Couple plan keeps personal and joint money side by side.
Miyo also centers on paydays rather than long-range planning. Forecast shows what's safe to spend until your next payday, and the paycheck calculator gives an estimate of take-home pay.
Trying Miyo next to Monarch Money
Miyo has a Free plan, and its 14-day trial needs no card and falls back to Free when it ends. That makes it easy to try next to an existing app without paying twice.
- Start on the Free plan in Miyo.
- Connect accounts with read-only bank sync through Plaid, or bring in history with CSV import.
- On the Couple plan, invite your partner and choose Private, Shared or Balance only for each account.
- Set budgets with rollover and let recurring-bill and subscription detection find your regular charges.
If investment performance tracking or retirement modeling is the reason you pay for a money app, Monarch Money is likely the better fit. Miyo's paid plans and prices are on the pricing page.
Common questions
Is Miyo cheaper than Monarch Money?
It depends on the plan you need. Miyo has a Free plan. Paid plans and prices are on the pricing page. Monarch Money's listed prices, checked on October 2, 2026, are in the table above.
On the Miyo Couple plan, can my partner see all my accounts?
Only the ones you choose. On the Couple plan, each account is set to Private, Shared or Balance only, and Balance only shows the name and balance, never the transactions.
Which app is better for tracking investments?
Monarch Money. It tracks investment performance and home value. Miyo keeps holdings you enter by hand, without performance tracking, and focuses on budgets with rollover, recurring bills and what's safe to spend until payday.
Monarch Money is a trademark of its owner. Miyo is not affiliated with Monarch Money. Features and prices change; if something here is out of date, tell us.
See whether Miyo fits your household
Start on the Free plan, or take the 14-day trial with no card. It falls back to Free when it ends.