The informaiton on budgeting is poor on budgeting, ie this How to budget with Monzo an this is reflected in comments. It is not made clear that committed spending is not included in the summary totals but it is included in trends and the total at the top of the screen. This needs to be made clear as it is very confusing and it took me ages to work it out.
Also, it needs to be made clear that if you spend money from pots you may need to specify the spend is not incuded in totals otherwise it counts as spending twice, when it goes to the pot and when it is paid. I still havent worked out how ot pay direct from a pot, I think you need to use virtual card or something perhaps somene could explain please?
Correct. If you want to use a card and it comes directly from a pot you need to use a virtual card.
I don’t think budgeting is poor at all, you just seem to be trying to use it in a complicated way. Put any direct debit money in one pot, any recurring payments from a card in a pot and attach a virtual card to it. That’s all your “have to spend” money taken care of and out the way.
Thanks, I think I have the direct debits set up to go from a pot called Bills. The problem is that the bills paid with debit card, like Netflix, there has to be a new virtual card for each account and I only have 5 active ones.