#Intuit mint points software#

Some things get improperly categorized sometimes but this isn't that big of a deal because your categories in Monarch are likely broader than they would be in YNAB, and it's also not like YNAB where the total of your budget represents money you literally have on hand so if the numbers don't line up perfectly it's not the end of the world. Transactions get automatically put in categories and you don't need to review them except for certain circumstances where Monarch decides it can't confidentially categorizes them. You can still add your custom categories though.

In monarch, you start with a set of default categories that are fairly broad, and they encourage you to use these as they seem to have done a pretty good job at designing filters that automatically classify transactions into those categories. YNAB and the YNAB community seems to trend toward creating very granular catergories, and every single transaction has to be viewed and approved. In general the way you're encouraged to set up your budget is different. budgeting only money you actually have in YNAB. You're budgeting your income in a given month in Monarch, vs. Monarch is a more traditional cashflow based system, as opposed to the cash system that YNAB uses.

#Intuit mint points software#

I should say a lot of it comes down to the theory of the budgeting system, not the software itself.