I would love to have a feature where I can automatically put an extra percentage (say 5 or 10%) of any transaction into a virtual savings account. By the end of the month I would have saved money and not even tried!
its been discussed a lot if you search āsavingsā at the top right hand side for topics
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alexs
29 October 2016 11:23
3
Welcome to the community
Hereās the main topic for this feature -
Hey all,
This may not be something others are interested in but I thought Iād throw it out there as I find the concept interesting.
This app/platform/whatever-it-is āAcornsā rounds all your purchases up to the nearest $ and invests the change in a diversified portfolio.
What if Mondo allowed users to do this, but put the change into a separate savings account? Unsure how significant the savings would add up to be, but could maybe get you flights somewhere fun after a few months?
Just a thougā¦
A Moneybox integration has also been a very popular requests -
Using moneyboxapp.com to invest change from purchases (round ups). A Monzo integration would be great.
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Building upon @alexs response, a Chip integration has also been requested
This is a clever idea that Iāve just come across. Itās a bot, called Chip , that integrates with your current account, analyses your recent spending to calculate how much you can spare and every few days it debits a small amount and transfers it to a savings account. Spend more and youāll save less. Spend less and youāll save more.
Iām sceptical that it might put me into my overdraft, but they guarantee never to do that so Iām giving it a fair shot.
Iād really like a Monzo integration, but Iām ā¦
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tomsr
18 October 2017 21:15
5
