It's time to kill the Payments and Help tabs!

Nailed it. They are different in my opinion/use; Budgeting is planning until next payday, planning is looking forward beyond this.

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The one thing I’d build on around Budgeting, is that Monzo seems primarily focused on Spending. While there are savings pots, etc, you can’t really factor them into your budget

I think the true power of a proper budget is when you elevate it’s status from a firm “I will spend £X on Y this month”, to a “What do I need my money to achieve”.

I’d argue a good budget is a future financial planning tool, that may help you get to your longer term goals on a monthly basis, but isn’t just about next month.


I think that’s right, and there should definitely be connections between them.

I probably wouldn’t want to do a weekly/monthly budget, but would want to think about future stuff (paying off mortgage, savings goals, investments…). But I can see that some people would just want to think about next week whereas others would want to do both.