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Monarch Money Target Audience

User Segments

Age: 32

Gender: Female

Occupation: Software Engineer

Education: Bachelor's Degree, Computer Science

Age: 38

Gender: Male

Occupation: Healthcare Administrator

Education: Master's Degree, Health Administration

Age: 28

Gender: Female

Occupation: Marketing Specialist

Education: Bachelor's Degree, Marketing

Tech-Savvy Budgeter

Tech-Savvy Budgeter

Age: 32
Gender: Female
Occupation: Software Engineer
Education: Bachelor's Degree, Computer Science
Industry: Technology
Channels: LinkedInYouTubeReddit

Goals

  • Consolidate all financial information into a single, easily digestible view to simplify money management
  • Automate transaction categorization and budgeting to reduce manual effort and save time
  • Gain real-time insights into spending habits to identify areas for financial optimization and achieve savings goals.

Pain Points

  • Lack of a unified financial overview across multiple disparate accounts leading to financial anxiety
  • Manual tracking and categorization of transactions is time-consuming and prone to errors
  • Difficulty in accurately forecasting future spending and savings without robust tools.

Monarch Money Geographic Distribution

Primarily targets US and Canadian markets, with a strong focus on the US as its core base. Small but emerging presence in other English-speaking countries and Europe.

Top Countries

United States flag

United States

85%
Canada flag

Canada

10%
United Kingdom flag

United Kingdom

1.5%
Australia flag

Australia

1%
Germany flag

Germany

0.5%

Age Distribution

Key Insights

Primary age group concentration shows strong presence in:

31-35

Most active age range

Target Audience Socio-economic Profile

Users primarily come from 1-4 person households, suggesting couples or small families. They are typically in the medium to high income brackets, willing to pay for premium service.

Employment Status

Income Distribution

Education Level

Monarch Money Behavior Analysis

Behavior Profile

Proactive Financial Management
Data Privacy
Collaboration
Seeking Simplicity
Budgeting
Financial Planning
Goal Setting
Technology Adoption
Online Communities
Self-Improvement
Investment Strategies
Productivity Tools
Digital Banking
Mint Alternative Seekers
Financially Overwhelmed
Couples Managing Finances
Seeking Control
Privacy Conscious
Value Reliability

Device Breakdown

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