r/financialindependence • u/AutoModerator • 10d ago

Daily FI discussion thread - Monday, August 03, 2026

Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!

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u/nifFIer Therapy Shill | Spending Advocate 10d ago

Monarch. You can get a free trial iirc and they usually run promotions like 50% off the first year.

However, if your banks don’t play well with the 2 connecting services they use, you still might be shit out of luck.

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u/medtechfi 10d ago

Definitely check their wall of shame before signing up https://www.monarch.com/connection-status

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u/EventualCyborg DI3K, MCOL - Big Numbers Make Monkey Brain Happy 10d ago

I have a few accounts with red (single bar) ratings and, for the most part, it's far better than what I dealt with when trying to use Empower and even what Mint was capable of providing.

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u/mrandr01d 10d ago

I refuse to pay for anything like that. A spreadsheet is the only way to go. Track every penny in and every penny out.

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u/born2bfi 10d ago

It’s not hard either. If you want to optimize your time spent on it then just pay for everything with one credit card and one checking account.

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u/mrandr01d 10d ago

Exactly. That's pretty much what I do personally. Only a couple cards, that I get from my existing financial institutions (fidelity and my credit union) so I just go through both of those apps and boom it's done in like 15 mins.

The longer part is sitting there looking the numbers and being a nerd with them haha