Perhaps this could serve well as the next sneak peek
Looks sick. I cannae wait. The way that you have put subcategories within expenses looks fucking brilliant. Hopefully you will be able to do the same for holiday.
Like Alex I am also eager to see what the ‘personal care’ category is all about.
And the committed and income tab look brill n all.
Is the whole savings pot thing coming later?
The days to go indicator looks perfect
Surely the cash marked ‘COMMITTED’ is from savings pots? We just haven’t been shown its breakdown yet?
Based on the third phone on the first image, committed looks to be known outgoings for the rest of the month? These include standing orders you set up from Monzo in addition to predicted Direct Debits and regular subscriptions being pulled from the card.
A couple more things (I’m not adding these to my previous post because it’s already been liked)…
At first I was concerned that the circle at the top of the window took up too much space but actually they’ve packed a lot of information into it
Secondly (& maybe this is just a ‘power user’ concern), I’d be interested to hear whether any changes will be made to the category alerts, now that the ‘x days to go’ marker has been added.
I assume that the days to go marker will simply show what % of the month remains. But the category alerts have an assumption / contingency built in - that the user could decrease their spending, to an amount that’s 20% less than their target divided divided by the number of days in the month aka their daily allowance, if they spent too quickly at the beginning of the month - which could cause a mismatch between the alerts & the days to go marker.
In other words, the shaded section of the circle which shows what % of their target the user has spent, could be past the days to go marker - which would suggest that the user is not on track to meet their target. But the category alert would still be green because of the 20% contingency…
That’s obviously not the first question that users will have about this change but it would be good to hear whether or not the contingency will be changing at some point.
Oh & breakdown > analysis - keep it casual
Ah yeah, I see that now. But I would expect the savings pots to be listed here too, since it would be money committed to savings for holidays, new car, buying a home etc.
Yeah I was wondering about that. If it had gone past the line and was still green, users would likely get a bit confused. I suspect that the marker will actually be slightly further ahead than the true proportion in order to handle this.
The committed spend is a fantastic feature! Thanks for sharing it Looking forward to the current accounts even more now
Looking tight. Now I just need my current account to enjoy the goodies. I assume I’ll be getting that any day now :troll:
I think this is really shaping up into a usable feature for managing personal budgets. And great work on the designs @hugo.
However my budget and payments are joint. Mortgage, loans, council tax.
Are joint accounts on the roadmap?
Damn @hugo!! Those screenshots are looking amazing
Looks like an incredible set of features are going to make it into the current accounts Certainly cannot wait to try it out as soon as!
You know something’s good… when it display way more info than any ‘normal’ bank - yet somehow remains clean and uncluttered. The details in those screens looks highly relevant and I cannot wait to be able to set my months based on Payday!
Keep up the awesome work / Hugo
Looks great. Makes me wonder if you’re going to add ‘income’ as sub category. Would it not be a good idea to offer business accounts? Would it not be good to offer a product to fast growing entrepreneur/ freelancer market?
It wouldn’t make sense for Monzo to offer business accounts, Tom explains why here -
Tide & Coconut are taking a similar approach to Monzo with services aimed at businesses & freelancers respectively.
WOW, I’m really glad guys you liked this update so much. Thanks a lot for the feedback! It seems we’re on the right path
As @zancler said, this week we’ll share a few more nuggets, stay tuned.
Keep 'em coming @hugo! I think I speak for us all when I say we love these awesome sneak peeks!!
This looks AWESOME. Can’t wait!