Monarch was designed with households in mind! You can invite one or more members of your household to get a joint view of your finances, all under a single subscription. Partners will each have their own login, but can view each other’s data and contribute their own accounts and transactions to a shared space. Each household will share one dashboard, and have the same view and budget, but each member can personalize their own notifications and can add their own accounts and transactions to the shared household space.
Check out the "For Couples" category in our blog for helpful articles on managing your finances as a household!
Frequently Asked Household Questions
How do I invite my partner to my household account?
You can invite users from the Household Members Settings page. You'll each get your own login, but have the same level of visibility and access to manage accounts, transactions, and budgets. Read more on how to invite your partner here.
Do we both have to pay for Monarch?
No, your household will only pay for one subscription that you all have access to. If you log in and see that you are not in the same household, it is likely that you didn't complete the sign-up through the invite link. It is recommended to delete your new account and try signing up again through your partner's invitation link.
Can I hide an account from my partner?
You cannot hide bank accounts in Monarch. Once you invite your partner, parent, child, etc., to your household, they will be able to view all connected bank accounts.
How can I add or remove a household member? Can I update which user is the primary household owner?
Only the household owner can add or remove members (this can be done in the "Members" settings). To change which household member is the owner, please open a support ticket or email support@monarchmoney.com.
Do you have any suggestions on how I can budget with a partner in Monarch?
There are many ways you can break down your budget together. For instance, you and your partner can use custom tags and custom categories to review transactions and view cash flow per person. You can also work towards your shared financial goals together by assigning your accounts to goals.