An open-source alternative to Wallet by BudgetBakers

MoneyMatter is an open-source personal finance tracker. Try the cloud free for 40 days with no card, or host it yourself for free. Its Wallet importer brings your records, labels and transfers with you.

Try for free

40-day free trial. No card needed.

Cloud trial, no card: 40 days
Open source: AGPL-3.0
Self-hosted: $0
Tools for your AI assistant: 100+

Feature by feature

Wallet and MoneyMatter side by side

Wallet details checked on 9 October 2026 against the sources at the end of this page. MoneyMatter plans are on the pricing section.

Wallet by BudgetBakers and MoneyMatter compared, feature by feature
	Wallet by BudgetBakers	MoneyMatter
Source code and hosting	WalletNot published. Cloud only	MoneyMatterOpen source. Use the cloud or self-host for free
Price	WalletNot listed on the website. Shown in the app, and it differs by country and app store	MoneyMatter$30 a year for Essential, $55 a year for Plus, after a 40-day trial without a card
Getting your data out	WalletCSV and XLS export of transactions, on Premium	MoneyMatterExport on every plan, plus a full account backup you can restore
Refunds	WalletRecorded as separate income	MoneyMatterLinked to the original purchase
AI	WalletAutomatic categorization, receipt scanning, and an MCP server for your own assistant	MoneyMatterCategorization, statement parsing, an MCP server, and your own model inside the app
Beyond bank accounts	WalletStocks, ETFs and crypto. Simple debts you lent or borrowed	MoneyMatterStocks, ETFs and crypto. Loans with payoff projections, vehicles and venture deals
Bank sync	WalletPremium. Wallet says it connects to over 15,000 institutions	MoneyMatterPlus plan, through LunchFlow, SimpleFIN, Monobank, Walutomat and Akahu. LunchFlow and SimpleFIN need their own account
Apps	WalletiOS, Android and web, with offline mode on mobile	MoneyMatterWeb app built for phones too; add it to your home screen. iPhone app in beta on TestFlight. No Android app, no offline mode
Free use	WalletFree plan for manual tracking	MoneyMatterFree when self-hosted. On the cloud, the trial is followed by a paid plan

Why switch

What you get with MoneyMatter

AI that does the sorting

Auto-categorization: AI categorizes new transactions after every bank sync and import, and follows instructions you write for it.
Statement parsing: Upload a bank statement as PDF, CSV or text and AI turns it into transactions. Password-protected PDFs work too.
Your own model: Use Anthropic, OpenAI, Google or any OpenAI-compatible endpoint, on every plan.
MCP server: Connect Claude or ChatGPT with 100+ tools and three access levels: read, write, or write and delete.

Reports that answer questions

Pivot tables: Slice by category, payee or tag across weeks, months, quarters or years, and save the views you reuse.
Cash flow: Income against expenses, with a money-flow diagram from each income source to each category.
Trends comparison: This period against the previous one, category by category.
FIRE planner: Built on your real spending and savings rate. On the Plus plan.

Your whole net worth

Loans: A payoff projection, and what an overpayment changes.
Vehicles: Value drops on a depreciation schedule you can override.
Venture deals: Capital calls, distributions, TVPI, DPI and IRR for angel and SPV investments.
Portfolios: Stocks, ETFs and crypto with cost basis and returns.

Tools to keep the books clean

Refunds: Link a refund to its purchase, so spending goes down and income stays honest.
Splits and groups: Split one transaction across categories, including bank-synced ones, and bundle related ones into a group.
Automations: Rules with ten kinds of conditions. Preview a rule, then apply it to past transactions.
Transfer matching: Turn two existing transactions into a transfer, with suggestions for likely pairs.
Reconciliation: One page for duplicate, unwanted and stuck pending bank transactions.
Categories: Three levels deep. Create, rename and move them at any level.

Built in the open

Public roadmap: Vote on what gets built next.
Frequent releases: 21 shipped in September 2026, each one listed on GitHub.
Self-hosting: Free with Docker, with every feature on.

Your data stays yours

Backup and restore: Download a full backup of your account and restore it later, on the cloud or on your own server.
Export, always: On every plan, and still there after a trial or plan ends.
Published price: $30 or $55 a year, before tax. It is on the website.

See what is planned on the public roadmap, read the code on GitHub, or see how self-hosting works.

Import

Move your Wallet history

The import takes a few minutes. The Wallet import guide covers every option.

Set Wallet's language to English or Spanish, then export your records as CSV. On the web app, select the records and choose Export. The iOS app has no export.
In MoneyMatter, open Settings, then Import/Export, and pick Wallet (BudgetBakers). Upload the file, or several files at once.
For each Wallet account, create a new account, link it to one you already have, or skip it.
Map each Wallet category to one of yours, or create it during the import.
Review the possible duplicates and confirm.

MoneyMatter import options, including the Wallet (BudgetBakers) importer

What comes across

Every record, with its category and payee.
Labels, as tags. A record with several labels gets several tags.
Transfers between your Wallet accounts, joined back into one transfer each.
Several export files in one go, up to about 10 MB and 100,000 rows together.

Limits of the import

The Wallet export must be in English or Spanish. Other languages stop the import.
Budgets, planned payments and goals are not imported.
Duplicates are checked only in accounts you link to existing ones, and joined transfers are not checked.
Skipping an account also drops every transfer to or from it, so balances can differ from Wallet.

Two records are joined into one transfer when they share a date and time, sit in different accounts, and their amounts are within 1% of each other. See how transfers work.

FAQ

Questions about switching

Do I need Wallet Premium to move my data?

Yes, for the export. Wallet's CSV export is a Premium feature, and MoneyMatter imports that CSV file. If you are on the free plan, you would need Premium for long enough to export.

Are my budgets and planned payments imported?

No. The importer brings in records, categories, payees, labels and transfers. Budgets and recurring payments are set up again in MoneyMatter.

What happens to transfers between my accounts?

Wallet stores a transfer as two records. MoneyMatter joins them into one transfer when both have the same date and time, sit in different accounts, and their amounts are within 1% of each other. A transfer record with no partner comes in as money moved outside the accounts you track.

Can I check the result before anything is saved?

Yes. You map each Wallet account and category first, then a review step lists possible duplicates. Nothing is written until you confirm.

Is there a MoneyMatter mobile app?

The iPhone app is in public beta on TestFlight. On Android, MoneyMatter runs in the browser with a phone layout, and you can add it to your home screen. It needs a connection to work.

When Wallet is the better fit

You want a native phone app that works offline.
You only track by hand and the free plan covers it.
You export Wallet in a language other than English or Spanish. MoneyMatter cannot read those files yet.

Compare

Other comparisons

YNAB alternativeSwitch if you want an open-source tracker you can host yourself for free, with your YNAB accounts, categories, payees, flags and transfers kept. Stay on YNAB if you budget the zero-based way: a MoneyMatter budget has a line per category with rollover and goals, but no Ready to Assign.Import: Dedicated importer for the YNAB register export: accounts, categories, payees, flags and transfers. It takes .csv files only.Read the comparison Microsoft Money alternativeSwitch if your history is in a .mny file and you want it in an open-source web app you can also host yourself. Stay on Microsoft Money if you want a Windows desktop program that works with no internet connection, or if most of your history is in investment and loan accounts, which the import skips.Import: Dedicated importer that reads .mny files directly, including password-protected ones.Read the comparison Monarch Money alternativeSwitch if you hold accounts in more than one currency, live outside the US and Canada, or want to host the app yourself. Stay on Monarch if you bank in the US or Canada and want bank sync and native phone apps in one subscription.Import: No dedicated importer. Monarch exports CSV, and MoneyMatter imports CSV with column mapping; this route has not been tested with a real Monarch file. An AI assistant connected over MCP is a second route for a short history.Read the comparison

All of them are on one page.

Wallet and BudgetBakers are trademarks of BudgetBakers; MoneyMatter is not affiliated with them.

Sources, checked on 9 October 2026

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