Suggestion: Contingency Pot

[pnlrogue1 (Philip Lane)]

We have a pot that we keep in the account with £200 in it. If the amount gets low, we pull some money out of it to keep us afloat until payday (my wife is self employed do gets paid irregularly). It would be awesome if we could setup a pot so that if a payment came out that would be declined due to lack of funds, it would instead come out of the contingency pot automatically

[Ordog]

This has been suggested before. The person working on it called it ‘Anti Overdraft’

You can read about and vote for it here:

Salary Sweep Up - community marketplace of scripts!

Been working on a weekend project and unsure if this idea was shared here before I’d love to see an option (in the same vein as transaction round-up) which moves all my account balance into a pot after payday so I can start each month a fresh.

[adinus (Adam)]

I saw someone call it a “faux-verdraft” before.

Brilliant name!

[pnlrogue1 (Philip Lane)]

That thread seems to focus on Salary Sweep-up, or am I missing something?

Love the Anti-overdraft name! Thanks for pointing it out

[awjdean]

This idea has already been suggested. You can vote for it here:

Pot as overdraft

I’m not sure if this has been suggested yet, but I would like the ability to create an overdraft pot and set it so that should I go overdrawn the money from the pot is used rather than having to apply for an actual overdraft. Overdrafts are a saftey net, but I’d like the option to create my own before I ‘borrow’ from the bank. Shane

[Ordog]

@pnlrogue1

That thread seems to focus on Salary Sweep-up, or am I missing something?

It’s for both if you read the initial post and look at the screenshot the person has built both and is building a marketplace of things like this.

You’re right though the discussion does tend to lean towards salary sweep up rather than the marketplace or anti-overdraft.

[Peter_G]

Thanks for flagging that! I’ve closed this thread as it looks like a duplicate, but do vote over there if you want an overdraft pot/contingency pot to become a thing!