I’m still trying to get my head around how Summary is supposed to work in conjunction with Budgets and Committed spending - each time I think I’ve got handle on it something comes along to show me that really I haven’t
I have to buy an underground pass each month which costs £70 - I have marked this as a committed spend. I also have various sundry transport expenses for which I have budgeted another £30.
My question is: When I set up my budget for Transport should I set it as £100 (i.e. committed spend + sundry) or just the £30 sundry.
Logically, I would expect the former but it seems (from a bit of casual experimentation) that Monzo is expecting the latter. However, doing the latter seems to put the Summary predictions totally out of whack.
If someone that has managed to get their head around this could give some help (and explanation it would be much appreciated.
Thank you in advance…