Youāve set a Ā£10k target, youāve spent Ā£1,319.24 so the rest of the month you have Ā£620 to spend a day to hit that Ā£10k.
The Ā£11k saved is based on your income.
so Ive set 120000 as my income ā which it isnāt ā¦so then set 10000 as my monthly target and if I spend it all I will save 11 K ā¦Im obvs missing something in the interpretation of āsavingā 
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It might be double counting something with the categories/accounts that you have included?
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It should be showing the extra that you will save this month compared to your average spend over the last 12 months
We should make this clearer
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this is also quite confusing as all transfers in and out of savings are counted as spending when you search what has gone in to my account and come out ā¦sometimes transfers back and forth several times when the interest rates on your savings have changed seem to be counted as new money in and out - which I suppose it is new money into and out of the account ā¦albeit the same money
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These should go into the savings (or transfers) category by default which would exclude them from spending. I would be worth double checking that your transfers like this are in savings or transfers to get the most accurate data
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Im thick ---- so Monzo is interpreting my spends and is inferring my average spend / month is around 21Kā¦ is that every month ā¦ so Ive spent according to thisā¦ around Ā£252k last year ā¦wow ā¦hmmmmā¦its broke ā¦ I must have something switched on / off that should be switched off /on
If you have a transfer in, then out (categorised differently) and then in again, itās going to cause issues.
I think with Target, you need to go all or nothing. If you go all in, it works beautifully. If you try and handpick it to suit you more, which is what I was trying to do, itās not so great.
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I think youāre right its the re-categorisation of my spend / transfers / savings / income that have stuffed it - I think for my useā¦an idea of how much I want to spend / month that I can monitor, its good for me as it tells me how much Im spending in that month against a figure that I can set for the month - the confusion ā¦for me arises on the āsavingsā wording without further explanation and the almost encouragement to up my spend to " hit " my target
Iāve set mine/our Targets up to monitor disposable spending only (on a Joint account too 
)
- Categorise all bills (managed by a bills pot) as āBillsā, plus any subscriptions that canāt be funded by the Bills pot as āBillsā and exclude the āBillsā category
- Exclude the āTransfersā category, so that the transfer from the Bills pot to the main account when a Bills pot bill is paid isnāt counted, and also to stop āTransfersā to external accounts like credit cards messing things up
- Exclude āIncomeā as that fuels the target anyway
- Exclude āSavingsā as I havenāt lost anything thatās gone to Savings, and I havenāt spent it either.
The resulting target is a realistic look at what I have left for the month to spend AFTER all the bills & subscriptions have been accounted for. It works - the burn-down target graph has been very accurate so far.
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Iāve just noticed there isnāt a merchants view toggle on Targets. Has that always been the case?
(Would be keen to have one).
Iād honestly be keen for the graphs to be swipable with the bottom section staying the same.
Now, I know that would mean you couldnāt swipe easily month to month but I do find it difficult to click between the three and see the same information at the Botton presented in three slightly different ways
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I think what Iām need now is an āinclude/exclude from Targetsā toggle on transactions. Iām going to have to exclude a category to prevent a transaction (Iād saved up for it using a pot) messing up this months Trends. Similarly, I think an āincludeā toggle may also help for those categories that are excluded e.g.Bills. So if I make an extra bill payment, that comes out of discretionary spend, it will reflect in Targets.
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Good idea. Workaround idea before then:
-
Non-Plus/Premium (and Joint Accounts): Use an unused category (if available) for ātransactions to exclude from Targetsā and then categorise the required transaction(s) with that category, and exclude that category from Targets
-
Plus/Premium: Make a new āExcludedā category and assign it to the required transaction(s), and exclude the āExcludedā category from Targets
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What happens if youāve run out of categories 
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Good point. Youāre stuffed if no categories left. Scratch my workaround idea and stick with your better idea of per-transaction-exclusion-choice!
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I really need more categories.
Hereās a work around if you have Plus/Premium:
- Find a category you need but donāt use every day.
- Tap āremove categoryā - that will archive the category and not change any of the previously labelled transactions
- Create your new category
When you need to use the old category:
- Follow the steps above to archive another category
- Find the category in a Trends and tap on Edit (top right)
- Tap āUnarchive Categoryā at the bottom.
Itās super clunky, but if you have categories you want to keep but only use rarely itās helpful.
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Well I never, every day is a school day. Thanks for the tip, I never knew that 
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Cc: @Alexxxxx
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Hi Jack. Any update on this bug? Thanks
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