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 😊
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.
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👍🏼
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 😊
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 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?
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.
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 😊
Thanks for sharing! When topping up the pots every month, is this something you have to do manually? Or can you automate it?
Pleasure! Yes you can. When you go to ‘Add’ at the bottom of the screen there is an option to ‘schedule payment’ 😊
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 😊
Oh yes!! I will be doing this!! Thank you so much 😊
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
I totally get it! Glad you found it helpful 😊
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.
The worst trying to manage separate accounts. This makes it SO much easier!! And you’re welcome 😊
Thanks for the demo! If anyone watching knows what the "cash envelope"-style system is, start at 3:25.
Thank you. I also have the time stamps in the description box 😊
@@FinanceDee Thanks Dee - I wish UA-cam would "show more" by default! I can also *now* see you've chaptered the video too 😀
Right there with ya! Hopefully they’ll make some changes.
Oh love this - am giving the cash envelopes a go this year so we can compare notes!
Oh that’s perfect, should definitely compare notes 👌🏾
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👍🏼
Great minds think alike 😊
Amazing, I have just set this up. Thanks 👍🏼
Awesome! It’s a real game changer 😊
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 😊
Interesting, thanks for the info!
My pleasure 😊
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.
They are brilliant! Oh right, so you can only create one interest earning saving pot? That’s a big shame!
@@FinanceDee I think so. Maybe I'm wrong???
Hi
Great video
Thank you 😊
Good video.
Your account should be more popular! Relaxing and very informative. Thanks :)
Ahh thanks so much. Just waiting for the UA-cam algorithm to work in my favour 😅
oooh! I am early!
Haha 😆
Do you get interest from pots or just having the main Monzo without the pots? I don’t want interest
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.
@@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?
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.
@@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?
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 😊
First
On it like sonic 😊
@@FinanceDee haha indeed
You are beautiful!
Ahh thank you 😊
A cashless society where companies can lock you up by the click of a button 😏
Yeah I don’t like the idea of a completely cashless society
Cash is king so long live the king 👑 💵