How Loam compares

Price and privacy side by side

Loam vs Monarch Money

Monarch Money is a full-featured budgeting app for the US and Canada that links your bank accounts and keeps your data on its servers. Loam works in any country and any currency, and puts its effort into where your wealth is heading, with no bank login and no account.

Loam vs YNAB

YNAB is a hands-on, zero-based budgeting method: you give every dollar a job and reconcile often. Loam asks much less of you. Expenses record themselves from your bank’s texts, and the focus is your total wealth, your runway and where you are heading.

Loam vs Copilot Money

Copilot Money is a polished budgeting app for Apple devices and the web, built around linked US bank accounts. Loam shares its taste for calm design, but runs on Android as well as iPhone, works outside the US, and never sends you a notification.

Loam vs Kubera

Kubera is a web-first net worth tracker for investors with many accounts, entities and currencies, priced accordingly. Loam covers the same everyday assets for an eighth of the cost, and puts your spending, budgets and runway right next to them.

Loam vs Money Lover

Money Lover is a popular money manager where you log transactions yourself, with paid bank sync in some Asian markets. Loam records your spending from your bank’s text messages instead, and adds the bigger picture: net worth, runway and a long-term forecast.

Loam vs Say

Say is an AI-first expense tracker: you speak your expenses or let it import bank texts, and AI providers turn them into entries. Loam files the same bank texts on your phone instead. Your finances are not sent to an AI, there is no account to create, and your whole net worth sits next to your spending.

Loam vs Empower

Empower’s Personal Dashboard, formerly Personal Capital, is a free US net worth tracker that links your accounts and pays for itself by offering wealth management. Loam costs $30 a year instead, works in any currency, and has real budgets, with nothing to sell you.

Loam vs Rocket Money

Rocket Money links your US bank accounts to find subscriptions, negotiate bills and budget, with ads and an optional AI assistant built with Anthropic. Loam is quieter: no bank login, no ads, no AI reading your finances, and your whole net worth with runway and a forecast.

Loam vs PocketGuard

PocketGuard links your bank to show how much is left to spend after bills and goals. Loam looks past the month: your investments, gold and deposits, how long your savings would last, and where your wealth is heading.

Loam vs Quicken Simplifi

Quicken Simplifi is a linked-account spending plan for the US and Canada, with an opt-in AI chat that sends your transactions to outside models such as ChatGPT. Loam works in any country without a bank login, keeps your finances away from AI, and focuses on your total wealth and runway.

Loam vs Wallet by BudgetBakers

Wallet by BudgetBakers is a worldwide money manager with optional bank sync, cloud storage and AI receipt scanning through OpenAI. Loam tracks your savings, gold and investments as closely as your spending, with runway and a long-term forecast.

Loam vs Spendee

Spendee is a friendly money manager for wallets and budgets, with optional bank sync and receipt scanning. Loam records spending from your bank’s texts without a bank link, and tracks what Spendee does not: stocks, gold, deposits, property and loans, with runway and a forecast.

Loam vs Emma

Emma links your UK, US or Canadian bank accounts to budget, find subscriptions and, in the UK, sell you savings and investing. Loam works in any country and any currency, and keeps net worth, runway and a forecast on its one plan.

Loam vs FinArt

FinArt is an SMS expense tracker built in India and also marketed in the UAE and Saudi Arabia. Like Loam, it reads bank alerts instead of your bank login, but on iPhone it stores your data and forwarded messages on its cloud by default. Loam reads bank texts on the phone, and tracks your whole wealth, not just spending.

Loam as a Mint alternative

Mint shut down in March 2024. Loam brings back spending and net worth in one place, without the bank login and without the ads.

Try Loam free for 30 days.

In beta now on iPhone and Android. No account, no bank login, no payment details for the trial. Then $30 a year or $3 a month.