That’s really interesting. I didn’t know about the salary sorter feature - sounds very useful. I hope that comes to the US as well (we don’t have it over here yet). I can see how that (with bills pots) would enable you to basically ‘enforce’ whatever budget allocation you had decided on, at least for rent, direct debits etc.
I have found a lot of value in the ability to manually create categories in YNAB. I tend to find that pre-defined budget categories (like Monzo’s) never quite match up to how I think about my money. I always want to break it down further. For example, I like to separate out ‘refreshments’ from ‘eating-out’, so that I can track how much money I am spending on the odd drink or snack at coffee shops.
I’ve tried creating my own sub-categories in Monzo using "#"s (tags) but because I can’t attach a number to them that doesn’t go far enough for me.
That’s one of the things that keeps me coming back to YNAB.
I also really value the ability in YNAB to track the ‘age’ of your money, easily re-allocate funds when you under/over-budget and the features they have to help you when your budget rolls over to the next month.
So I can’t foresee ditching YNAB any time soon, much as I’d like to simplify my life and consolidate tools where I can. We’ll see what happens though - as it’s early days in terms of my time using Monzo, and early days for Monzo in the US!