But my, how depressing that trajectory is. I should be bankrupt by the 15th
Actually what would be neat if it started to learn about spending - in particular from monthly direct debits and standing orders - in order to make that projection more realistic. Or is it doing that already and should I start panicking?!?
Up until last month I had an Excel spreadsheet that would do this for me; not visually, it told me my minimum expected balance in any month and when I’d hit it. When I got the Monzo CA I started using the new account it in earnest and have given MoneyWiz a try alongside the spreadsheet. MoneyWiz purports to do exactly the same thing, though theoretically with less user input in the long term. I’ve had to tell it about future payments - and these include things that aren’t DDs (recurring mandates, PayPal mandates, etc) and it’s kinda helpful but the UX ain’t great.
I know this touches on the budgets features to an extent but so far the discussion on that hasn’t really involved precise scheduling that might help predict cashflow better and make that pulse graph truly awesome… especially if it could just make a long solid beep sound when it sees I’m about to flatline!
Just like every other feature from the prepaid app, the Pulse that’s in the preview app is the same as the prepaid app’s. From what I’ve observed, the projection doesn’t ‘learn’ anything at the moment so don’t panic
We do know that the Pulse has been redesigned for the current accounts & it will display upcoming payments -
but we don’t yet know whether the projection will be smart enough to take those into account..
In my experience, the projection seems to only take quite recent transactions into account. So yours should be back on track
I’d be really pleased if this next version is smarter too though! I rely on that faint line even more than the Target’s category alerts.
That sounds like it could be quite annoying & / or embarrassing but it’s kind of a cool idea. Maybe it would be more suited to an integration with something that never leaves your home? Perhaps that idea could be adapted, with a different sound for this sort of thing -
This is a bug that will be fixed in an upcoming version of the app. It looks like the app was trying to apply the same rules for unlocking the graph again to the current account in certain cases.
but it’s kind of a cool idea. Maybe it would be more suited to an integration with something that never leaves your home? Perhaps that idea could be adapted, with a different sound for this sort of thing -
