Summary - Feedback thread

I have found myself using the summary amount left to determine how much I have left and make decisions based on days left and amount left. My actual balance is pointless to me.

The learn more about budgeting won’t go away either… I am unlikely to use the budget system, can’t understand why colours were removed at all.

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Looks like overall targets were restored in the latest Android Beta, and are now called Budgets.

::+1:

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I think this is a better word for it than ‘Targets’ :+1:t3:

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Yeah shame to lose the colours unless you set an overall budget (which then bears no relation to how much money you actually have).

Also we need to be able to close the “Show Me” sign.

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Swipe it left or right should dismiss it?

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Ah perfect - thanks!

Yeah it’s kind of silly it doesn’t auto dismiss after you’ve been shown. :yum:

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I like this but I am not sure what I spend in a month usually :thinking: I put what I thought it was and was told I overspent. OOPS

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My monthly spend is so variable, it’s meaningless.

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Genuinely feel like having the overall budget be set by asking how much of your starting balance you’d like to save would be more useful for me. With some analysis on what my average monthly spend is. But like @WillP79 said mine is sometimes hugely variable.

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Awesome! Have you get the release notes or any screenshots? I know a few people who will be happy this is now making its return.

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Screenshot_20180616-102319
Screenshot_20180616-102534

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Finally! How does this play with the “Left to spend” ring? Does t replace it, or?

Kinda, yeah. I’m struggling a bit with it - the ring doesn’t work now unless you set an overall target. But there’s no indication anywhere of how much you’ll have left over after committed spending, so you can just enter any amount and the ring will adjust accordingly.

So, if you have £200 left in your account to last you to payday, but you’ve set a budget of £600 to spend, it’ll all go green.

I’m confused. I must be missing something. Or maybe there’s more to come?

sounds like it could be good for people who get paid weekly now as can set the value you expect to be paid in the month

But that was the point, no? Either you get paid with a salary and the ring takes care of calculating what’s left to spent or you throw money in your bank when you can/want in which case you setup your budget manually overriding the ring’s predictions. The latter also works with “irregular” salary periods.

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I’m going to download Monzo onto my work phone which is android and take a look as I’m curious about what you’re talking about and I can’t see it :joy:

So instead of intelligently predicting left to spend based on previously available data Monzo team has taken a step back and made this dial thing even more useless. :confused:

You’re saying that adding a second mode of operation is a step back? I’m confused.

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They haven’t added a second mode of operation though, they’ve just replaced the functionality now that the RAG dial only works if you set an overall budget.

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