As promised (sorry for making you wait), here are a few screenshots to share with you some of the good stuff that we’re planing for the upcoming Monzo current accounts.
So, here it is, the freshly-updated and smarter-than-ever Spending tab.
First thing you’ll notice is that we are playing with the idea of renaming this tab, maybe “Breakdown” or “Analysis”. In essence we want to reflect the fact that Monzo is not just a spending card but a full bank account that will also track your income, savings, etc.
We’ll give you an update about categories but you can already see here some of them along new features and adjustments around expenses and holiday tracking.
On this other set of screens you can see how targets will work with this new approach. The main difference is that potentially a Target is not longer necessarily a “Spending” target but maybe “Savings” or even an “Income” one (if you’re a freelance and want to set as an objective earning a certain amount of money). There are tons of ramifications here but I think you get the idea with this teaser.
Additionally we’ll use the same visualisation to show you how many days are left to the end of the period (for some people this will be payday to payday, for others maybe just a calendar month, or a week, or two random dates). The basic idea is that you’ll be able to see how many days you still need to stretch that money left
I think that’s all for now, please give it a thought and let me know if you think this would work for you, ideas and suggestions
PS: @Naji is putting a system in place so we post new sneak peeks every week, you’re going to love it.