Save The Change 6

[CharlesFried]

This isn’t a new idea but it would be a fantastic tool to help people save.

For every transaction you make the cost would be rounded to the nearest pound up and the difference would be transferred into a savings account. Perhaps a Monzo ISA

[adamt (Adam)]

Some of us use moneybox to save the round ups into an ISA. Theres also an integration between moneybox and monzo, if you want to help test it send me a message

Moneybox app integration

Using moneyboxapp.com to invest change from purchases (round ups). A Monzo integration would be great.

[CharlesFried]

I would love to help test, please instruct on the next step.

[alexs (Alex Sherwood)]

@CharlesFried

This isn’t a new idea but it would be a fantastic tool to help people save.

It isn’t (but that’s ok) & it would be awesome!

If you’re interested in seeing the other ideas that users have had for this feature, this is the best place to start…

Save The Change 1

Hey all, This may not be something others are interested in but I thought I’d throw it out there as I find the concept interesting. This app/platform/whatever-it-is ‘Acorns’ 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 thoug…

There are dedicated topics for Moneybox, Chip & Qapital too, including a potential community user built Moneybox integration.

[adamt (Adam)]

If you DM me your userId (can be found at https://developers.monzo.com/), I can add you as a collaborator.

Only started testing this with others yesterday so any other testers would be great!