Monarch money
Set Up a Personalized Budget and Alerts in Monarch Money
Create a customized budgeting dashboard, link your accounts, set spending alerts, and organize categories so you can track finances and net worth effortlessly.
The Workflow
10 steps · click a step number to mark it done
Open Monarch money and have it ready before you start
Create a Monarch Money account or log in to your existing account
Open Settings via the gear icon and enable Multi‑Factor Authentication for security
Connect your bank, credit‑card, and investment accounts under the Institutions section
Configure Notification preferences: enable in‑app, email, and push alerts for expense thresholds, budget overruns, and recurring charges
Add household members or a financial professional under Members so each can have a separate login
Customize the Dashboard by selecting the widgets you want to see, such as Budget, Net Worth, and Recent Transactions
Reorder or create Category groups (e.g., Housing, Transportation) and add new categories to match your spending habits
Set up Rules to automatically tag, categorize, or hide transactions based on merchant name, amount, or account
Create a Savings Goal, assign a target amount, and link relevant categories or tags to track progress
Review your personalized budget for the month, adjust limits if needed, and export a PDF summary for records