Technical question, what would happen if there isn’t enough in your Monzo balance to cover the daily challenge if a) you have no overdraft b) you have an overdraft?
In both instances it doesn’t run and you get a message in app saying it didn’t run because there isn’t any money to move etc.
If I started on 1st Jan, how much would I have saved by now? I’ll just chuck in the difference.
Sorry I’m not a maths person
How you do that?
Enable goals in Monzo labs. Set the goal to £667.95.
Go to account under Monzo labs select the toggle you will then be able to go to your pots and set a goal
Not when it’s in Labs. Stuff in Labs should be used with caution.
I know that but should defo mail TestFlight users
Sorry if I’ve missed it (A lot of comments on here) but if you all take a look at IFTTT they have the 1p savings challenge on there! An automated thing which will transfer the money to a pot for you.
Also, even better news, Plum now works with Monzo! https://friends.withplum.com/r/2NNg86
Give the link a click and sign up to Plum. They also now do Investments. It’s helped me save a decent amount over the months.
Is there a way to get the 1p savings challenge to work on the Investec interest savings pot? (After you’ve funded it with the minimum £1000 first)
I would agree with the monthly steps…
I think the post towards the top of this thread sums it up for me - saving small chunks daily will hopefully be unoticable.
I’ve read about another similar challenge online: save £1 on Monday, £2 on Tuesday… and so on until Sunday, when you put aside £7. Rinse and repeat every week or just put aside £28 at the end of the week and by the end of the year you should end up with ~ £1450
If you’re serious and committed about this, you can create a new pot and set it to unlock only at the end of the year! Now that’s a proper challenge!