We spend a lot of time talking to our members, hearing from you how Monarch can help with your specific financial needs. This has been core to our DNA from the day we founded Monarch.
A lot of you have told us your financial lives have gotten more complex. You're not just tracking spending anymore—you're earning from multiple income sources, planning further ahead, and wondering what would happen if you took a career break or finally committed to a kitchen remodel. You've told us you want Monarch to grow with you, and to help you make informed decisions about your future.
Today, we're introducing Monarch Plus: a new premium tier built for members with more complex financial situations and a desire to go deeper.
Here’s what’s included:
Forecasting: Model your financial future to discover your ideal plan
One of the challenges with managing your financial life is understanding how your short-term decisions impact your longer-term goals. If we cut back on dining, how does that change when we buy a home? If one of us takes a career break, what happens to our retirement timeline?
Until now, answering those questions meant hiring a financial advisor, building a complicated spreadsheet, or using a separate planning tool disconnected from your real accounts. Because your spending history, income, accounts, and debt are already in Monarch, Forecasting can show you where you're headed without hours of setup. Open it for the first time, provide a few quick inputs, and your baseline projection is already waiting.
Your financial future, mapped out. At the center of Forecasting is a net worth projection that plots where you're headed based on how you actually spend and save today. Your income, expenses, and account balances are pulled in automatically and extended into the future, with assumptions you can adjust as you see fit.
Model life events on a timeline. The big decisions—buying a home, having a kid, retiring, taking a career break—all have longer-term impact that are hard to model in your head. In Forecasting, you can add these events directly to your timeline and watch your projection update in real time. Want to see what happens if you retire at 58 instead of 65? Drag the event and find out. Thinking about a home purchase in three years? Add it and see how it changes your trajectory.
Built to explore. We designed Forecasting around the idea that the best way to understand your finances is to play with them. Change an assumption, move or add an event and the math updates instantly so you can see how one decision flows through everything else. Model different scenarios and see how it can help you make decisions with more confidence and less mental math.
How to get started: Head to Forecasting on desktop web, add a few life events, and start exploring.
Monarch for Business Owners: Your business and personal finances, finally in one place
If you run a business, freelance on the side, or own a rental property, you know the challenge: your business finances and personal finances are deeply connected, but most tools force you to manage them separately.
Most of you have been handling this with spreadsheets, a separate app, or creative workarounds inside Monarch. Monarch for Business Owners is the real solution — track income and expenses for your LLC, side hustle, or rental property right alongside your personal finances, with clean separation between them.
Separate where it matters, connected where it counts. Each business entity gets its own filter you can apply across your accounts, transactions, and reports — so you can zero in on just your business without it bleeding into your personal budget and cash flow.
Know what your business is actually making. Each entity gets built-in P&L reporting: a straightforward income vs. expense breakdown by month, quarter, or year. No separate tools or calculation required, just a clear answer to the question you actually care about.
Tax season is a review, not a scramble. Track your business income and expenses throughout the year and when tax time arrives, you'll have a Schedule C tax prep doc ready to export and hand to your accountant. No digging through old bank statements, no wondering what you missed.
How to get started: After starting your Plus trial, head to the business set up page on desktop web, create your business(es), and assign the appropriate accounts and transactions to it. From there, customize your new dashboard widget and explore the new business reports available on the reporting page.
Note: Monarch for Business Owners is designed for pass-through entity owners including sole proprietors, single-member LLCs, freelancers, and rental property owners. It's built for tracking income and expenses and does not include invoicing, payroll, or payroll tax features.
