Moving from Simplifi to Monarch Money
Assembled from both records. Nothing here is an opinion — it is the difference between two rows, written out.
Your data — read this first
Simplifi records transaction export as Yes, so take the export first. Monarch Money imports transaction history, so what you exported comes with you.
- Transactions
- Yes
- Balance history
- Yes
- Budgets
- Rebuilt by hand
- Rules
- Rebuilt by hand
- Attachments
- ?
Transactions, balance history and attachments are Monarch Money’s own import attributes. Budgets and rules never transfer between two apps in this index.
What you gain
- Rollover budgeting No → Yes
- Real estate No → Yes
What you lose
- Nothing recorded
What is unchanged
- Free tier, Account aggregation, Manual accounts, Edit transactions, Create manual transactions, Rules engine, Mass edit, Split transactions, History import, Export, Custom categories, Budgeting, Recurring transactions, Bills, Goal tracking, Calendar view, Net worth, Balance history import, Investment tracking, Investment transactions, Reports, Trends, Credit scores, Partner or household, Adviser access, Customizable dashboard, 2FA / MFA
35 attributes are Unknown on one side and left out. Gains and losses are a diff of the two records.
How to do it
- Export from Simplifi first
Take the transaction export while your subscription is live. The record says export is available.
- Get the file into a format Monarch Money reads
Its record lists CSV. If your export is something else, a spreadsheet can usually re-save it as CSV.
- Import before you connect anything
Import the file first. Connecting banks first creates duplicates that then have to be merged one by one.
- Connect accounts inside the trial
Find out which of your banks fail before you are billed. Monarch Money reaches banks through Plaid, MX, Finicity.
- Rebuild budgets and rules
No app in this index imports another’s budgets or rules. Budgets are quick; rules are worth rebuilding as transactions arrive rather than all at once.