I guess its just down to how people mamage their finances. I personally (and I’ve seen lots of others who do the same) calculate (with the help of Monzo) what scheduled payments I have for the upcoming month.
I then move enough money to cover this into a ‘Commited spending’ pot so I know I definately have enough to pay them. The day before the payment is due, I have a scheduled withdrawl from the commited spending pot into my main account to cover this.
Its all a little messy as it stands, and my summary is always telling me I will run out of money as it does not take into account the money in my commited spending pot.
I think a solution would be to be:
- To be able to choose a pot for scheduled payments to be taken from, meaning I do not have to automatically withdrawl money to cover the payment the day before
- Have a toggle which allows me to set a pot (in this case, commited spending) to show in my budget for the month on the summary tab
This has been spoken about in depth here, so thats probably a good place to discuss this further 