I put rent and grocery money into our joint account and travel money into a Travel pot (which automatically reimburses any travel spending via IFTTT). I have a pot for weekly spending money, which automatically transfers me £50 every Monday. Then I have £100 in an ‘overdraft’ pot which I borrow from towards the end of the month if I need it. Anything left over either goes in yet another pot for ‘Extras’, or just goes straight into extra repayments on my Monzo loan.
Sometimes I might make an extra pot if I’ve got something else I know I need to set money aside for. This month, for example, I know I’m going to need to pay for some flights to a friend’s wedding, so I’ve tucked that money away in a new pot.
Transferring myself £50 every Monday does mean that the Summary page almost always thinks I’m about to run out of money. I actually wish there was a way to turn off the red/orange/green colour coding and the warnings on that page, since they don’t apply to me the way I use it, but I’ve just learned to ignore them! I like knowing that there’ll always be £50 coming in on a Monday, so I don’t have to constantly do maths in my head to figure out how much is left for the month.