I was a little sceptical too, but then I saw their trust pilot score, reviews, plus their FCA regulated and decided it’s worth a try.
Eech, £4pm for what’s essentially “a feature”. It’s not much, but for a feature that’s supposed to help you save money, I’d have thought most people would be better off not paying for it…
That’s one of reasons I’m looking forward Monzo’s release of this feature. That I’m confident it’ll be done better.
What happened to displaying the pulse graph and the current balance/spend today figures at the same time as in @hugo’a original post? Thought that would be a great feature…
Also, does anyone know what might be involved in the ‘More Budgeting’ features which appears on the transparent product roadmap?
Agreed! This is def something that would improve the app!
I really like what I read.
There’s a free app for macs called cashculator. It’s a very basic app that allows you to set your own categories and track actual vs planned spending plus gives you some graphs on income, spending and balance. For me, a great feature would also be to be able to see something like that on here.
I really enjoy using the budget targets to keep me on track with my spending, but there’s one thing that I think could be helpful, from at least my perspective:
Is it possible to designate particular categories to not detract from the overall monthly target (expenses, for example)? That would help in keeping my budget tracking more accurate.
That would help me too, it looks like this feature’s in the works
And once full accounts launch hopefully you can categorise money in as well. That way you’d be able to see how much in expenses you’re awaiting reimbursement on.
That would be useful, there’s been a little bit of discussion about this idea here -
I think it would be good to be able to set weekly and daily targets as well as monthly targets.
Is this functionality already on the cards?
I agree! It certainly is on the way
& it looks like it might be coming soon
Targets - Custom Timeframes 5
WAHOOOO, i would love to be able to tie in my spending period with my payday on the 25th of every month
Bad news that’s not quite the same thing. The feature Zander was talking about there was setting your spending period to weekly, rather than monthly, for example.
But I asked about enabling users to set the start of the month to a different day, rather than the 1st & this was the feedback -
I take Zander’s post about fully customisable spending periods to mean you’ll be able to set the start and end dates of a period, so you could set the start date to the 25th and end date to 24th. They key word being fully.
I know this was posted a few months ago but also wanted to raise rollover targets as an option. Holidays are a perfect case in point. There are a few things that cost more at different times of the year and having at least an option to switch on budget rollover would be awesome!
Is there any update on when changes to targets and budgeting will next be introduced? I know the trello board says medium term, so next 3-6 months, but this was added in May 2016, which would have made 6 months January 2017. I keep coming back to the forum to see if there’s any updates on the things that irritate me (e.g. receiving money from friends and this not affecting my targets, not being able to set my spending periods, not being able to edit categories) and I see the response is usually “soon” or a link to the Trello board, but when the Trello board seems to be out of date, I’m not sure where to turn for an update - any ideas?
p.s. this isn’t a moan, I am 100% a massive Monzo fan