The 31st would be the start of the new period, in the future, which is what I pick. My point is the current budget does not update to reflect this (31st Oct -> 29th Nov), when I would expect it to now show (31st Oct -> 30th Nov).
I imagine it will fix itself by next month, but the feedback screen says “We’ve changed your summary period” without showing any change.
Nice! Just because the previous summary behaviour has been my summary restarts on the day that it says, so on the 29th my summary will reset - the day before payday - meaning it’ll be completely wrong until payday
I’ll find out how well this new summary works next week, if on Thursday monzo thinks I have £100 to last me a month I’ll know something has gone wrong
Really awesome feature though, been waiting on it for a while nice work monzo
Any chance of getting support for multiple incoming payments?
I receive a salary at the end of the month, as well as a rent payment from my flatmate in the middle, and then I pay the whole rent myself. This seems to screw with Summary’s estimate of whether I’m going to make it through the month, and so I’ve been ignoring it for now
Thanks everyone at Monzo who has worked hard on this.
I set my Summary to reset on the 17th/working day before. This automatically rejigged my previous budget from last month which didn’t actually recognise my salary on the 16th and therefore accounted for two months’ salary payments in the one accounting period (17/10 AND 16/11) and skewed my ratio of spent:earned.
It has been mentioned before but adding multiple incomes would be good for an overall accurate picture.
tobyadams
(#fullmonzo joint account since Aug18)
60
Not sure how to make mine work. Both my wife and I get our salaries paid into our joint account. Her pay day is the 25th and mine is the last working day of the month. Not sure how best to configure for this? Suggestions welcome