23 September 2018 16:06
So quick story to give context. I’m looking to sort out my budgeting and spending and want to try out the 50/30/20 budget. This is 50% on essentials, 20% saved and 30% on anything else.
I use Monzo as my primary account and so want to be able to group existing categories into further groups.
E.g. I would want to see Transport, Bills and Groceries all together in one group as this would be my 50% essentials group.
23 September 2018 17:07
I’m afraid people have been begging for control of categories for a while with no discernible impact…
(Press ‘Help’ search ‘Contact us’ or email firstname.lastname@example.org or call 0800 802 1281)
24 September 2018 09:10
I like the idea of umbrella groups: rainy day money!
24 September 2018 11:18
The best tool I have found for categorising transactions has got to be Yolt (owned by Dutch banking group ING). And it hooks into Monzo & Starling along with most major banks and credit card providers.
24 September 2018 21:06
I’ve actually just downloaded this. Do you know if Yolt is better than Emma?
24 September 2018 21:34
I’m about to start trialling Emma alongside Yolt to see how they compare but so far Yolt has done everything I want it to do.