Chip discussion

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There is a thread about this here

Chip discussion

This is a clever idea that I’ve just come across. It’s a bot, called Chip, that integrates with your current account, analyses your recent spending to calculate how much you can spare and every few days it debits a small amount and transfers it to a savings account. Spend more and you’ll save less. Spend less and you’ll save more. I’m sceptical that it might put me into my overdraft, but they guarantee never to do that so I’m giving it a fair shot. I’d really like a Monzo integration, but I’m …

Monzo Pots are also in making and will help with saving;

Pots

Hi there, I’d like to give you a very quick sneak peek on something that we’ve been exploring lately. The idea of this is to let you create pots to segregate your funds. Many people tell us that they’d like to “hide” money away from their current account (so they can budget better) plus all the usual stuff we’ve discussed in the forum: rules to roundup and save pennies automatically, goals with a certain amount as objective, rainy day funds, holidays, etc. On top of that we think this could b…