Trends - a big update to the Monzo experience

[duncang (Duncan)]

As I mused here:

@duncang

IMHO what is really needed is for Monzo to take a step back from the coalface of individual accounts and pots, and to provide a higher-level interface, one where you can really see your overall financial picture. I think that things as they are at the moment are too wedded to the nitty-gritty of payments flowing in and out of specific accounts and pots, too much at the day-to-day, or single-month level, and not enough at the higher levels needed to actually have an accurate picture of where you are, and where you’re going.

Some questions that I think Monzo could do a much better job in making it easy to answer:

• “What’s my mandatory vs discretionary monthly expenditure”
• “What’s my effective savings rate”
• “What’s my net worth”
• “How long would it take me to save up for X”

These things are all what I would like to see built upon the new foundations created in Trends.