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Danny

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Review of the Monzo, Current account:
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Banking Revolutionised

5
Monzo has completely changed the way I think about money — my relationship with money is no longer filled with anxiety, but with power instead. With Monzo I am able to organise my finances to suit my needs, and therefore am able to control my spending and separate dedicated spending from flexible spending. I am also able to automate how my money is organised; when I receive my monthly allowance into Monzo, I have set up my that the money is automatically distributed into all my pots according to my budget. And then, with things like repeating card payments for subscriptions, Monzo Plus allows you to use virtual cards which you can attach to a certain pot, which means your payment is automatically taken out of that pot. This has been so handy as all I need to do is stuff my money away into a pot and not think about how much I need to keep for my dedicated spending every time I go to buy something or check my bank balance. There is so much more I could talk about but I think you get the overall gist — for me, opening a Monzo account has been one of the best financial decisions I’ve ever made! Reviewed on: 25th February 2023

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