# Lunch Money vs Wealthfolio (2026): Free Alternative to Lunch Money

Canonical: https://caniforkit.com/vs/lunch-money-vs-wealthfolio
Last updated: 2026-08-11

Compare Lunch Money ($10/mo) vs Wealthfolio ($0/mo open source AGPL-3.0 alternative to Lunch Money). Side-by-side breakdown of pricing, self-hosting setup, data storage, and practical trade-offs.

## Side-by-Side Comparison Matrix

| Feature / Metric | Lunch Money | Wealthfolio |
| --- | --- | --- |
| Monthly Subscription | $10/mo | $0.00 / month |
| 1-Seat Annual Cost | $120/yr | $0.00 / year |
| 5-Person Team Annual Cost | $600/yr | $0.00 / year |
| 10-Person Team Annual Cost | $1,200/yr | $0.00 / year |
| License Model | Proprietary Commercial SaaS | AGPL-3.0 |
| Hosting / Runtime | Vendor Cloud | Local or hosted |
| Data Ownership | Stored on vendor servers | Desktop and self-hosted modes use a local SQLite database (the web server exposes a configurable app.db path); optional Wealthfolio Connect and encrypted device sync send selected holdings/account data through the vendor service. |
| GitHub Stars | Closed Source | ★ 8.5k |
| Code Repository | None | https://github.com/afadil/wealthfolio |
| The Catch / Trade-off | Recurring subscription cost | Wealthfolio is portfolio-centered and has thinner budgeting, recurring-expense, multi-currency transaction, and rule-management tools than Lunch Money. |

## About Wealthfolio
Transactions, rules, spending reports and net worth on your device; automatic account sync is paid.

- **Installation**: Native desktop or iOS app, or the official Docker image/Compose deployment for web mode
- **Data Storage**: Desktop and self-hosted modes use a local SQLite database (the web server exposes a configurable app.db path); optional Wealthfolio Connect and encrypted device sync send selected holdings/account data through the vendor service.
- **Supported Platforms**: desktop, mobile, web, self-hosted, one-click install
- **The Catch vs Lunch Money**: Wealthfolio is portfolio-centered and has thinner budgeting, recurring-expense, multi-currency transaction, and rule-management tools than Lunch Money.

## Cost Savings Breakdown
Switching from Lunch Money to Wealthfolio eliminates ongoing per-seat subscriptions:
- **Solo / 1-seat**: Save **$120/year**
- **5-person team**: Save **$600/year**
- **10-person team**: Save **$1,200/year**

## Frequently Asked Questions

### Is Wealthfolio a good free alternative to Lunch Money?
Yes. Wealthfolio is a verified open source (AGPL-3.0) replacement for Lunch Money. Transactions, rules, spending reports and net worth on your device; automatic account sync is paid.

### What is the catch when switching from Lunch Money to Wealthfolio?
Wealthfolio is portfolio-centered and has thinner budgeting, recurring-expense, multi-currency transaction, and rule-management tools than Lunch Money.

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