Monzo Pots Vs. Cash Envelopes | Saving Hacks | Monzo Banking App

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  • Опубліковано 5 вер 2024

КОМЕНТАРІ • 56

  • @riannap1774
    @riannap1774 3 роки тому +2

    Thanks for sharing! When topping up the pots every month, is this something you have to do manually? Or can you automate it?

    • @FinanceDee
      @FinanceDee  3 роки тому +4

      Pleasure! Yes you can. When you go to ‘Add’ at the bottom of the screen there is an option to ‘schedule payment’ 😊

    • @y0ung_volcano
      @y0ung_volcano 2 роки тому +2

      As a note there is also a ‘Salary sorter’ feature when you receive £100 or more. You just click on the transaction and the option will be there.
      Here you can ‘sort’ the payment as you wish in your available pots. You can do this with each payment over £100 and it’ll pre-populate with the last sort you used. Then have the option to amend the amounts if your budget changes.
      Happy budgeting 😊

    • @FinanceDee
      @FinanceDee  2 роки тому

      Oh yes!! I will be doing this!! Thank you so much 😊

  • @jasminewhite7469
    @jasminewhite7469 3 роки тому +1

    This is super helpful. I use the cash envelope system at the moment and it’s starting to become a chore. Very informative! Thanks 🙏 x

    • @FinanceDee
      @FinanceDee  3 роки тому

      I totally get it! Glad you found it helpful 😊

  • @YvonneHudduma
    @YvonneHudduma 3 роки тому +2

    Great video. I love this idea. I am so used to having seperate accounts and trying to manage them is alot. So thanks got sharing your monzo pots. I didn't realise it was so easy, simple and helpful. Thanks for sharing.

    • @FinanceDee
      @FinanceDee  3 роки тому

      The worst trying to manage separate accounts. This makes it SO much easier!! And you’re welcome 😊

  • @jaymiethomas
    @jaymiethomas 2 роки тому +1

    Thanks for the demo! If anyone watching knows what the "cash envelope"-style system is, start at 3:25.

    • @FinanceDee
      @FinanceDee  2 роки тому

      Thank you. I also have the time stamps in the description box 😊

    • @jaymiethomas
      @jaymiethomas 2 роки тому

      @@FinanceDee Thanks Dee - I wish UA-cam would "show more" by default! I can also *now* see you've chaptered the video too 😀

    • @FinanceDee
      @FinanceDee  2 роки тому

      Right there with ya! Hopefully they’ll make some changes.

  • @herpennypotential40
    @herpennypotential40 3 роки тому

    Oh love this - am giving the cash envelopes a go this year so we can compare notes!

    • @FinanceDee
      @FinanceDee  3 роки тому

      Oh that’s perfect, should definitely compare notes 👌🏾

  • @flourishwithsj
    @flourishwithsj 3 роки тому +1

    Ahhh I love monzo! I filmed a video this afternoon about all the monzo features I love 🤪 and I also use the pots in similar way to you too- Christmas, holiday, car👍🏼

    • @FinanceDee
      @FinanceDee  3 роки тому

      Great minds think alike 😊

  • @blahmaas
    @blahmaas 3 роки тому

    Amazing, I have just set this up. Thanks 👍🏼

    • @FinanceDee
      @FinanceDee  3 роки тому

      Awesome! It’s a real game changer 😊

  • @FinanceDee
    @FinanceDee  Рік тому

    Hey guys! So I’ve only just realised recently that I’ve got a referral code if you’re thinking of signing up to Monzo that will give you and I both £5. Link in description 😊

  • @ThatFinanceShow
    @ThatFinanceShow 3 роки тому

    Interesting, thanks for the info!

  • @tom7676
    @tom7676 3 роки тому

    I have so much pots on the go they're brilliant. Only issue is I have is that you can't create multiple saving account pots. I have a few pots with a few grand in not earning interest.

    • @FinanceDee
      @FinanceDee  3 роки тому

      They are brilliant! Oh right, so you can only create one interest earning saving pot? That’s a big shame!

    • @tom7676
      @tom7676 3 роки тому

      @@FinanceDee I think so. Maybe I'm wrong???

  • @michellestanding1410
    @michellestanding1410 2 роки тому

    Hi
    Great video

  • @ryminvesting6554
    @ryminvesting6554 3 роки тому

    Good video.

  • @ForgiveMyMadness
    @ForgiveMyMadness 2 роки тому

    Your account should be more popular! Relaxing and very informative. Thanks :)

    • @FinanceDee
      @FinanceDee  2 роки тому

      Ahh thanks so much. Just waiting for the UA-cam algorithm to work in my favour 😅

  • @sorochi996
    @sorochi996 3 роки тому

    oooh! I am early!

  • @ejounus-1101
    @ejounus-1101 2 роки тому

    Do you get interest from pots or just having the main Monzo without the pots? I don’t want interest

    • @FinanceDee
      @FinanceDee  2 роки тому

      You can but I personally use the basic ones with no interest. You have to specifically put it into Monzo savings pot if you want the interest.

    • @ejounus-1101
      @ejounus-1101 2 роки тому

      @@FinanceDee as in basic ones, do you mean the one that gets sent through the post? Or do you mean that you can create pots that don’t include interest?

    • @FinanceDee
      @FinanceDee  2 роки тому

      Through the post? The pots I show in this video are the basic pots. Anyone can create them in the Monzo app. I’m not too sure I get what you’re asking.

    • @ejounus-1101
      @ejounus-1101 2 роки тому

      @@FinanceDee I don’t why I said through the post. So you don’t get interest when making pots unless you choose too and there is an option for that?

    • @FinanceDee
      @FinanceDee  2 роки тому

      Yes so for the regular no interest pots you click “create a pot” and for the pots with interest you click “earn interest on your money”. So there are 2 different ways to create pots 😊

  • @jaybee6382
    @jaybee6382 3 роки тому

    First

  • @thehowto282
    @thehowto282 3 роки тому

    You are beautiful!

  • @AchwaqKhalid
    @AchwaqKhalid 2 роки тому

    A cashless society where companies can lock you up by the click of a button 😏

    • @FinanceDee
      @FinanceDee  2 роки тому +1

      Yeah I don’t like the idea of a completely cashless society

    • @AchwaqKhalid
      @AchwaqKhalid 2 роки тому

      Cash is king so long live the king 👑 💵