diff --git a/homeassistant/components/sensor/strings.json b/homeassistant/components/sensor/strings.json
index 0bc370398b51344a6b140d85a64e17475612ceff..d44d621f82d1e72836e80c79f3ce0d0db5009cb2 100644
--- a/homeassistant/components/sensor/strings.json
+++ b/homeassistant/components/sensor/strings.json
@@ -23,7 +23,7 @@
       "is_illuminance": "Current {entity_name} illuminance",
       "is_irradiance": "Current {entity_name} irradiance",
       "is_moisture": "Current {entity_name} moisture",
-      "is_monetary": "Current {entity_name} money",
+      "is_monetary": "Current {entity_name} balance",
       "is_nitrogen_dioxide": "Current {entity_name} nitrogen dioxide concentration level",
       "is_nitrogen_monoxide": "Current {entity_name} nitrogen monoxide concentration level",
       "is_nitrous_oxide": "Current {entity_name} nitrous oxide concentration level",
@@ -75,7 +75,7 @@
       "illuminance": "{entity_name} illuminance changes",
       "irradiance": "{entity_name} irradiance changes",
       "moisture": "{entity_name} moisture changes",
-      "monetary": "{entity_name} money changes",
+      "monetary": "{entity_name} balance changes",
       "nitrogen_dioxide": "{entity_name} nitrogen dioxide concentration changes",
       "nitrogen_monoxide": "{entity_name} nitrogen monoxide concentration changes",
       "nitrous_oxide": "{entity_name} nitrous oxide concentration changes",