Custom months

[Msherwen (Matthew Sherwen)]

Hey guys,

I was looking at the analysis of my transactions the other day, and as massively helpful as this was, I couldn’t help thinking that it would be great if I could line the month up to start/end at a custom day (like payday).

Thanks for all the cool features.

[anon95680666]

its on their “target list”
they have on the targets screen shot a custom category (section 3 - third screen along ) which presumably will let you set dates

Targets

Hi there, First of all apologies for not sharing too much design stuff lately. We’ve been focused working on ways to optimise user on-boarding: the period that goes from the day you sign up to the waiting list to the magic moment when you get to love Mondo and use it for all your daily spending. So, as you are all already Mondo-lovers all that work doesn’t really matter to you Let’s try to compensate our radio silence with a meaty and very very wordy sneak peek. This is an update that i…

[Msherwen (Matthew Sherwen)]

While that would address the issue, I was really thinking of a far more simple and less involved user story, well as a concept (but possibly not implementation). Just allowing the ‘spent this month’ view to reflect a date like 25th - 25th rather than a calendar month.

[NigLav (Nigel Laverick)]

Or as well as xxxx 25th to xxxx 24th how about every four weeks schedule to appease us four weekly paid lot?

[alexs (Alex Sherwood)]

This was the :mondo: response last time this was raised in the forum, custom month’s are being considered / worked on -

Set Start of Month

Really interesting topic. During our customer interviews we’ve seen different approaches on what people like to consider “a month”. Let me share with you some of the nuances: For some people the fact that some months have 5 weekends instead of 4 is huge, potentially 25% more of spending on entertainment. For a different group of people a 4-week rolling window seem to make more sense (4 Mondays, 4 Tuesdays. etc.) but then again they don’t always get paid during that window. The last option is t…

[samueldhz (Samuel Diaz Hernandez)]

It makes a lot of difference, great idea. Not all of us get paid at the end/beginning of the month and, after all, your ‘budget month’ starts and ends when you get paid. I think the solution should be making it customisable by either a) Allowing you reset the limits the day you get paid or b) setting up smart rules that would get it once the big monthly income comes. This can also apply to people that gets paid weekly. In the end, the ideal solution would a customisable type of period. Otherwise I’m sure there’s lots like me that can’t use that tab in the app because it is useless for us.

[alexs (Alex Sherwood)]

I thought I’d point you to the latest update from the Monzo team on this feature…it looks like it might be on the way soon

Spending Periods

Fully customisable spending periods are definitely in our sight, and hopefully in the short term Having multiple thresholds for a target you set is definitely interesting, one of our earliest ideas for budgeting worked in this direction but we feared over-complication—but maybe it could make more sense now.