re: Sad Day | Mint is shutting down on 1/1/2024

I was already leaning toward sticking with Simplifi, and I’ve ultimately deciddd to cancel Monarch after the trial period. I wouldn’t say that I’m blown away by either product, especially given the cost, which tilts in Simplifi’s favor.

I mostly used Mint as a transaction aggregator + dashboard of balances and net worth across all accounts at a glance. I’ve found that Simplifi presents monthly budget info in a slightly more usable way for my manual spreadsheet inputs. I also prefer Simplifi’s more timely update of account balances and transactions. I didn’t find any substantial/persistent account connectivity issues with either service. I was concerned about reports of Simplifi sluggishness after adding historical Mint data, but this hasn’t been an issue.

Where Monarch was really tempting was the Mint transfer functionality (which I didn’t ultimately use) and the lip service paid to ‘budgeting for couples’. That was ultimately a letdown as it boiled down to separate logins for essentially the same account.

What would have been a killer feature would be the ability to present and customize an individual + joint account/budget/transaction view, for each partner. For example, designating certain accounts as joint, with only those transactions flowing to the joint transaction feed and budget. I would revisit my choice down the road if they added something like this.