The problem with this is that a shared tab with a friend will likely contain multiple items of different categories. Marking it as multiple categories then applies money back to more categories than spent. This doesnāt really work 
This
Doesnāt it pay back each one in the feed as appropriate if settling the tab? Iām sure it used to.
So much this! Iāve had another go, because I can see potential. Itās got some really great elements but it doesnāt work at all (for me).
I think for me it boils down to three things.
It needs a per category budget line
Itās no good having a single figure and going out spending if I havenāt filled my 4x4 up twice since Payday. Seeing that I havenāt means i need to spend less on eating out because that expense will come and I need to account for it.
Swipeable graphs would make it next level
Iām not sure how three category areas that tell you the same thing are all that useful. It would be cool if you could just swipe across the graphs and the data below adjusted as needed
It needs to handle special purchases better
The thing is I havenāt saved that money. Itās accounted for elsewhere.
So, I can either do one of two things currently with planned for large purchases.
I can chose to include it, but then my target for the month is adversely effected. Or, I can put it in an excluded transaction, so itās accounted for but then target says Iāve saved the money.
It would be better if it either worked out that this was accounted for elsewhere and therefore knocked it off or it said you couldāve saved this amount except you spend it on x instead.
Until these things are resolved for me personally itās unusable. I would say that I do like the direction, and this is meant as constructive feedback to aid any development.
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Unless Iāve missed it, I canāt scroll back. So Iām just going to edit my target on a per month basis.
Iāve just restarted for the period so weāll see how I get on with it
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Unless Iām mistaken (itās possible!) once you set the target it applies for all months. At least on iOS.
Either Iām doing it wrong or you canāt tweak it month by month.
Thatās what I mean, but I canāt see what I set it as for November, so it doesnāt really matter.
Iād like to see
Nov - Target Ā£800 - Spent Ā£792
Dec - Target Ā£1000 - Spent Ā£1092
Etc etc
But if I change it and it changes overall, but I canāt scroll back then it doesnāt really matter to me. Iāll just adjust it on a per month basis for when I have big expenditure.
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Oh I get you now. Yeah that would work for a month to month basis I guess 
Are you on android. Because on iOS you can swipe the graph back over time as you can with the other graphs meaning that while this solution will work for the current month itāll throw historical data out of whack.
Which is either a problem or not one at all depending on how you use it.
I totally get the problem with not having budgets by category. But I havenāt quite wrapped my head around needing to recategorise to have it work like Summary. Can you give an example at all? 
Same behaviour on Android.
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My understanding is that on trends you exclude categories, not transactions.
On the current summary if I exclude a transaction it does not appear in the spending section, but rather the excluded section towards the bottom.
So if I go for a meal out, that we put the money aside for over the course of the year for example, I wouldnāt want to include that in my ātargetā for the month as its a one off cost. So I would need to put this in a category such as bills for it to be excluded in targets as I donāt want to fully exclude the eating out category
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I didnāt realise I could do that
So now the budget either needs to stick to that period because Iāve decreased mine from Dec to Jan, so when I swipe back, Dec is even further out.
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Thank you for putting my thoughts into better words than I could. I hope Monzo see this and action each of these points.
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Sheesh, this isnāt proper budgeting, Monzo please bring zero based envelope budgeting to the app.
As one of the other commenters mentioned, we need to be able see that although we might have x amount left, we still have essential variables such as fuel that need to be accounted forā¦
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The problem with this at the moment with Goals is that when you withdrae that āmeal out moneyā from your pot it will be classed as a transfer which is automatically excluded from your goal. Then you spend it at your meal so you have to recatagorise that also to a category youāve excluded from your goals. Then as you say, you also had to exclude each deposit into a pot in previous months otherwise your money would be unaccounted for.
It is a headache.
It does work fine. I have a shared tab with my partner for a range of bills and they are all different categories. When he pays me back itās automatically categorised as āGeneralā and I change it to whatever category the original payment was for.
You donāt have a problem based on what youāve said as you can change each transaction in the tab differently.
My problem with the Shared Tab (the very first time I used it with my wife) was that there were a few requests from me, and then a request from her, resulting in a small balance I had to send her.
The only thing showing in my Trends is that small payment from me to her, which of course is absolutely useless in terms of tracking my spend. The real transactions donāt show anywhere, so while I have technically spent money on X, Y and Z, this is not reflected anywhere in Trendsā¦ unless I am missing something?
Ah I see your issue. If itās a bulk payment then you need to split the transactions.
As much as a pain it might seem, paying the tab off item by item allows you to categorise each item individually
Sure, but that defeats the purpose of a shared tab, we might as well go back to sending each other individual requests.
This canāt work either because the payment is a settlement resulting from subtracting my requests from hers (or the other way round), so the settlement amount doesnāt āmeanā anything in terms of what category it should be assigned to.
I do see your issue; I just manage shared tabs a little differentlyā¦ not sure if yours can be solved without the ability to edit transactions manually.
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