Introducing Salary Sorter and Bills Pots 🎉

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Does anyone know how long the salary sort option stays open when your salary comes in?

You get 72 hours

I believe it is 48 hours from the time the payment is received.
Totally reliant on memory for this one…

EDIT: @Revels is correct - it is 72 hours. My memory is :poo:

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Technically you’re not wrong. You do get 48 hours, you just get some more time too :smiley:

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Thanks for the quick responses guys! :slight_smile:

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Can you give me some more details on how you set this up to work as I think this could be a better process than I currently use so would like to streamline it all.

Sure, this is how I have done it. I get paid monthly on the 25th so all of my scheduled pot deposits and withdrawals are monthly too.

Create a Sorting Pot
Create a Bills Pot
Create a Subscriptions Pot
Create any Savings Pots you’d like
Create an Expense Pot
Create a Bonus Pot

Then set up 4 separate scheduled withdrawals from your Sorting Pot for the 1st of the month:
1 to cover the monthly amount needed in your Bills Pot
1 to cover your monthly Subscriptions
1 to cover the total amount going into your Savings Pots
1 to cover your monthly spending on your card

Then set up scheduled Pot deposits for your Bills, Subscriptions, and Savings Pots for the 1st of the month.

When pay day comes around the only thing that’s left to do is use the Salary Sorter to sort your the salary part of the payment into the Sorting Pot and the expenses, and bonuses into their pots.
Bonus tip: Having a Virtual Card attached to the Expenses Pot for a more seemless experience.

Note: Depending on the order that monzo triggers the Pot withdrawals/deposits, the scheduled deposits might initially fail as the funds haven’t been withdrawn from the Sorting Pot yet, but they will automatically retry a few hours later again and it’s generally before I’ve woken up and checked in on the app.

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May be completely missing this here but how do I amend the Summary period to amend the Left to Spend by date in pots?

I’ve amended it in my Trends tab but this doesn’t translate forward :man_shrugging:t3::sweat_smile:

Even when creating a new pot it only shows the 17th when ideally needs it to be around 30th for the full month kinda thing.

Go back to the main feed, tap on the pie chart at the top. Under summary at the top it says this period. Tap on that to change the date

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Thank you!

Haven’t looked in there for ages, and didn’t even think :speak_no_evil: should be more obvious seeing as I pretty much use trends for everything now.

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This is new isn’t it? The amounts underneath? I like it!

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Not sure if that’s been on Android for a while (since Salary Sorter launched) - it’s one of those display features that currently looks ‘normal’ to me - as in, the SS screen looks the same as it always has…

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It’s one of those screens that I only see once a month but it felt different :face_with_monocle:

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I only noticed it for first when sorting wages this week, I really like it. On IOS

Not sure which thread to whack this in but…

My direct debits/bills come out of a Bills Pot. I generally rely on Monzo saying how much I need in the pot to cover upcoming bills.

The thing is it seems recently to change randomly. I noticed yesterday that I needed more money to cover upcoming bills. It wasn’t much so I figured something had increased, so put an extra £12 in. Reached £112.49.

This morning; despite nothing coming out, and upon inspection nothing upcoming changing, the amount required has reduced randomly:

This time it has gone down so less of an issue, but often times it goes up, and I cannot for the life of me understand why/how Monzo seems to get the figure.

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Do you have a bill that comes out right at the very end/beginning of a pay period?

I have a few but the bills pot covers up to the 29th and nothing has changed. It’s a head scratcher. Seems to happen a lot recently.

When I add up my upcoming bills the new amount required today is indeed correct.

I don’t understand why it thought yesterday that I needed £112 though.

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