For someone who thought that Pots were an intellectually good idea but probably not for them, I’ve actually been surprised at how helpful they are.
I’ve set up some Targets for my monthly expenditure. Not all of my expenditure is through Monzo (for various reasons I can’t / am unwilling to change).
I compensate for this, though, by transferring the amount I spend externally to Monzo to various Pots. So, for example, I have a Pot for my credit card.
To better track my spending, it’d be really helpful to be able to categorise money into Pots, so that Targets work effectively.
A few questions:
- is there a different way of thinking about this that’d help me out within existing functionality?
- would this be useful for anyone else?
- might this break the Pots model? (I can’t think of why it would, but something is nagging me slightly).