With Monzo I finally can see how much I'm actually spending and be conscious in my day-to-day purchases instead of constantly guessing whether I'm in or above my budget. Before monzo I did do budgeting the old way - in a spreadsheet, but it was very time consuming and always after-the-fact end of month budgeting, it could not inform my day to day money decisions. With Monzo I'm actually saving effectively now.
Also the easy access savings pots allow me to make money on my buffer monthly cash rather than let it just sit there.
And they gave me a very easy and cheap loan to refinance my short term expensive debts and stop paying hundreds of pounds in interest where I could pay pennies. It's cheap, but not cheapest on the market, but also the transparency and ease of use for the loan totally justifies half-percent cost difference.
Reviewed on: 16th January 2020
Wealthify really makes it easy and clear what investment plan you should go for. I love their risk appetite assessment and plan recommendations process. Also the interface is very simple and I like that they show the list of actual transactions on your plan and what actual assets it's investing in.
Reviewed on: 16th January 2020
