Days left?

As a new Monzo customer this may be a question everyone knows, but I was a bit puzzeled when I see the following in the app «£xxx left for yy* days» (yy = 30 days counting down).
Anyone who can enøighten me?

It’s an estimation of how long your current balance will last for the month in relation to how much you’re spending. It will also take into account any ‘Commited Spending’, things like Bills and predicted outgoings.

So, for example, if you had £100 at the start of the month (or the start of your pay cycle) and spent £50 immediatley it would warn you that you’re likely to run out of money before the end of the month/pay cycle.


Thanks for clarifying :+1:

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