MonthlyIQ is a personal finance platform designed to make monthly spending easier to understand. By securely connecting users’ bank, credit card, and loan accounts through Plaid, it organizes financial activity into a clear view of recurring obligations, payments already made, upcoming bills, and remaining funds. The service automatically identifies rent, utilities, loans, subscriptions, and other recurring expenses, including payments with changing amounts or unfamiliar transaction descriptions. It also tracks transfers between a user’s own accounts to help avoid double-counting.

MonthlyIQ highlights changes in spending, possible duplicate charges, unused subscriptions, and other potential cash leaks. Users can review what has been paid, see what is still due, and ask questions about their financial activity. The platform is intended to help people understand their expenses and decide what to monitor or cut, rather than maintain a manual budget. MonthlyIQ offers a 14-day free trial and gives users control to disconnect accounts or delete their data. The company says it does not sell financial data and is not a bank or financial adviser.