Iād like this to tell me the Ā£ amount that Iām overspent, itās hard to tell with just the graph
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If you tap-n-hold (& move) over the graph, youāll see a projected figure-vs-time along the green line or an amount spent/saved on the blue line (with categories) - but I agree, itād be nicer to also see the amount saved/spent at the current point in time (at the end of / rightmost point of the blue line)
4 Likes
Some more feedback a little while in.
Still agree with the above.
Iād like a way to view info/an explainer on the graph in the app, or at least in help. Iād forgotten when I went back quite how it works and couldnāt find anything about how it works when I searched graph in help or clicked into the help section from Target.
I went back and figured it out, I think, but I feel like someone who wasnāt as comfortable with data, graphs etc might not.
Also, next to X% left of Ā£Y target, when you tap more, it says
āyouāll need to spend about Ā£Z a day to stay within this monthās targetā
This just seems like very odd wording to me. It sounds like I need to spend that much and no less otherwise I will be āoff targetā - which I guess is technically true but I donāt think anyone in reality is going to be sad about spending less and saving more.
Imo it should read āĀ£Z a day or lessā
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This actually looks super helpful! Even more of an argument to allow multiple āTargetsā made up of different category selections. Iād love to do this and track whether Iām spending too much on food, but I donāt want to have to give up tracking/budgeting for other non essential categories in order to do that.
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Hi, everyone 
Iām Jack and Iām an engineer working on Monzo Plus and Premium.
Today we have released a change which means that changes you make when editing your Target wonāt be reflected in previous Months. For example, if you have decided to set a more ambitious spending Target for January, your December progress (where you might have spent a bit more) wonāt be updated and show as āOver targetā.
This is a change that we have been thinking about for some time - in fact from before we launched Targets! As a result, we have always been storing your historical Targets (even though we werenāt ready to use them) - this means that if you swipe to previous months, the final Target setting for that month will be used.
Note: you will still be able to swipe back to months from before you set your first target; however these months will use the final Target from the first month where you set a Target.
23 Likes
Love this!
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Thanks, Jack! This is excellent 
Two bits of feedback: itās not entirely clear from the UI exactly whatās going on with past periods though - itād be super helpful to be able to see what the budget for each month as you scroll through (you can only see this at the moment if you come in under target).
And I scrolled back in time to change the budget for one month where I knew I had extra coming out. It changed the current period budget (which is probably the intended behaviour, but confused me a bit - it would be super useful to be able to change previous periodsā budgets - or even to set up a monthly template with different budgets per month so we can account for things like Christmas, birthdays, yearly bills etc).
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I love the new budget feature as I am currently trying to saver alot of money!
I have a two points however;
- I would love to be able to see that daily spend on the home page or atleast on the trends page. Having to click though a few items just to see how much I should be spending a day now is a bit of a faff. Would be cool to know exactly per day if i spend more or less if it goes up or down etc. if this makes sense.
- I would also love to be able to see the dates on the graph. Iām a sucker for spending more at the start of the month so would be good to see the amount of days I need until Iāll reach back to my projected graph line, as trying to see how many days to limit my spending right now is super hard as I donāt know how large of a gap a day is.
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Iām feeling a bit confusedā¦ 
what happens to previous / current targets if I change the accounts that are selected? or the categories included?
So I think Iāve found a bug 
For me, if I scroll back one month it works as intended. If I scroll back more than that I get a non dismissable info-graphic - which getās in the way of the data below. It persists for each preceding month
iOS 16
Iām giving the Target a go this month (as itās quiet January) to see if I can come in under target. I have a few connected spending accounts. What would be great is if the total saved at the end of the month, assuming I make it, could breakdown what account/s the save is from so that I can manually save those amounts from each account into a savings pot.
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Thatās cool but a sort of automated savings sweeper would be ace.
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Yeh that would be the icing. Iām thinking v1 manual, v2 auto 
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I donāt really utilise the trends tab all that much, balance/spending I prefer to use the export/dashboard but target is something Iām really growing to like.
Having it in a clear UI and all together (rather than trying to load a bloaty spreadsheet on my phone) makes things so much easier.
Not all together happy with how the Flex changes happened and what that involves but Iāve left them for now, aside from this month because I want that to come from my budget.
The update yesterday that means the budgets stick to that month 
A couple of other things Iād like to see please;
The amount per day on the main screen
How far ahead/behind I am vs my target line. I can easily tell Iām over-spending, but not by how much
3 Likes
Seconded!
Iām also surprised just how much time Iām spending in Targets given my vendetta against the name the fact I donāt normally budget.
Still gonna fly the flag for it to run from the left to spend figure (or left to spend minus x percent for those sweet savings) though. That would be next level 
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Iām quite surprised at how quickly Iāve got quite close to my (what I think is quite a high) target and then how itās made me not want to go any further. Two birthdays and a puncture after christmas not ideal.
The issue I have is with self control, if I go over that target, it doesnāt really matter. I need to think of it as a hard target, after that there is no more money, rather than āIāll just take some out of my saving potā
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This is the problem I had when I started budgeting. At first I set targets, then I realised how much I actually spent and how much stuff costs!
Still, itās a process. You become more aware of spending and more conscious of saving. Going over budget doesnāt mean your budgeting process is failing.
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Very true, more than half of that spend is because of the birthdays/tyre.
Butā¦ Thereās Always Something 
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Yeah there is.
This is why I still prefer to budget manually. I average things like bike maintenance out over the year and account for them. If Iām under budget one month, I donāt save the extra because I think thatās a false economy, instead I roll it into next months spending. If Iām over, I create an (on paper) deficit. Over a year it averages out, generally.
I finished reconciling 2022 over the weekend, I kept almost exactly to budget over the year, the first year Iāve managed this in 5 years of budgeting. I bought myself a small present as a treat (it was a 3D printed dragon mini Iāve been eyeing up for years).
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My biggest downfall.
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