pulsetest’s Post

The journey to financial freedom doesn’t have to be complicated. With Monzo’s Smart Savings, you can set goals, track progress, and watch your money grow—all from the palm of your hand. 🌱 Start by setting up automated savings, rounding up your transactions, or creating custom savings pots tailored to your goals. Your future self will thank you! 🔗 Learn more and take the first step today with Monzo. #SmartSavings #FinancialFuture #MonzoMoneyMatters

#DebtFreeJourney #FinancialFreedom #SavingTips Hey everyone! 🌟 It feels like ages since I last shared my financial journey (about 10 months ago on a different account), but I’m back with some fantastic news! 🎉 I was dealing with a hefty £12,000 debt from credit cards and overdrafts due to some not-so-smart spending choices. At my last update, I was down to £4,000, and now? Drumroll, please… I’m finally out of debt and sitting on **£5,640.45 in savings!** 🤩 So, how did I turn things around? A big part of my success came from using the Monzo app to break down my finances each month. Here’s what I learned along the way: **Identify your pain points:** Recognizing where you overspend is crucial. For me, it was impulse buys and treating myself too often. **Create a budget:** Splitting your finances helps you allocate money for necessities, savings, and a little fun without breaking the bank! **Stay consistent:** Each month, I made it a point to track my spending and stick closely to my... How Did I Pay Off £12K Debt and Build £5.6K Savings Fast? Answers: https://lnkd.in/gbwtdyjv

Unlock the secret to success! 🌟 Our collaboration with a cozy takeout spot in Red Bank, NJ transformed their payment game. With the power of a Clover system and our Net Zero Processing Fees program, they conquered challenges and saw incredible savings. 💰 Ready to level up your business? Let us work our magic for you too! ✨Reach out to sales@pplocal.io! #paymentprocessing #successstories

1.5 years, 17 squad members, 14 Figma Design files, 26 sprints, 43 Figjam workshops, and 8 research projects— that's how immense the journey has been to launch Monzo Bank Business EXPENSE CARDS for small businesses this week! 🚀 This zero-to-one project, alongside features like bulk payments and payment approvals (from other squads in the Business Banking team), has culminated in the launch of our brand new Monzo Business TEAM subscription. 🥳 Inspired by one of my favourite quotes lately from Joshua J. Marine: "Challenges are what make life interesting, and overcoming them is what makes life meaningful." Here are the few challenges from the project that stood out to me: 1. Being thrown into 2 months of Discovery when I first joined Monzo, with no prior finance experience. It was just me + our fantastic researcher and project manager figuring out how we were going to enter the spend management market and identify our customers and their pain points. One of many involving envelopes of physical receipts processed manually... 2. Expanding an app historically designed for personal use to cater to businesses with multiple team members. How do we evolve the business owner's Monzo Business app when our iconic Monzo card at the top of the screen no longer represents just one card? And how does the expense card holder app look like? Every experience designed was in careful consideration of the different stakeholders at play. A strong information architecture was key. 3. Running user research with a niche market, not part of our existing 500k customers, with little data to start with. Now that we’ve launched, the team is thrilled to finally have customer insights to inform future decisions! 4. Collaborating across multiple squads and building different parts of the product owned by other teams. We knocked on many doors, learning about niche topics like financial crime, customer support, card logistics, and even account closure. 5. Adjusting to Monzo’s way of working with long-form written communication and documentation. It took me six months to train one side of my brain to articulate my thoughts clearly while still flexing the creative side to deliver on design. (As demonstrated in this lengthy post!) Thank you to everyone who made this possible: Catherine Hughes Caroline Wilcock Margaret Chidothe Christa Huber Siba Fadda Anastasios Morfopoulos Samuel Branter Nour Saab Heldiney Pereira 🇺🇦 Carl Worricker Lauren Williams Candice Hardman Kushal Babla Jesse Cogswell Juan Francisco Brito Sarah Simpson Amee D. Carmen Agimof Craig Jamieson Igor Khomyanin Izak ☀️ Nel Jake MacGregor Jennie Williams Luke S. Pavel Dotsulenko Max White Rose Tucker Jake Roberts Matt M. Paloma Liniers Villamana This was a massive undertaking, and I can’t wait to celebrate with everyone at Monzo! Then I’m off for a much-needed holiday to celebrate my 30th birthday—on safari, no less! 🐘 I’m incredibly proud of this team and the people who made it happen. #productdesign

CredPal is enabling African consumers take control of their finances by helping them Save, Invest and access credit conveniently. We are powering businesses to scale 🚀 Creditchek can help you with the following; 1. Get insight into your customers' credit history and understand their repayment behaviour. We provide access to user-permissioned data from all credit bureaus. 2. Verify that your customers are who they say they are. You can get access to all your identity verification needs. 3. Get insight into your customers' income and cash flow by leveraging our proprietary PDF statement parser to analyse your customers' bank statements. 4. You can now set up single or recurring payments on your customers' accounts faster and reliably without inconveniencing your customers. To learn more, visit us: https://creditchek.africa/ #creditchekspotlight #customerspotlight

Thinking of taking a loan from loan apps are Need or a Compulsion? 😲 Hold on! Recently my friend borrowed a loan from KreditBee (a loan app) & Many users have complained of the aggressive recovery process, even for small lags: 1. Day-to-day harassment calls ✔ 2. Threatening letters ✔ 3. Came house visits ✔ 4. Legal notices ✔ Before you borrow, beware of the below three things: Hidden Fees: Heavy interest rates and processing charges Strict Repayment Terms: One missing date, and it is everybody's nightmare Aggressive Recovery Practices: A never-ending pressure tactic. Think twice before opting for KreditBee. Explore other options with fair terms and ethical recovery methods. Share your experiences with KreditBee to help others. #KreditBee #OnlineLoans #FinancialAwareness #ConsumerRights

Zag It doesn’t take much to look at every ad for financial services and spot the category tropes and cliches. https://lnkd.in/gNVmUMrz To see the handshakes and lose count of the endless mentions of goals. The smiling faces of bankers. Notice the similarity between the different bank branches and those endless close-up shots showing similar functionality of their apps. Financial services ads are all about “them” and very little about “me”. They're pushing products. They're not talking about money "feels." Then we all know that survey after survey tells us how money makes people feel anxious and fearful and that they often worry about it. https://lnkd.in/gzCcPRSd So let's not look anything like the category and then let’s talk about the “M” word, rather, let’s show how it feels - the bad and the good- which is how it feels with us because our business is about making money easy. Then let’s remind ourselves of Byron Sharp's distinctive assets- https://lnkd.in/gbE_9kKU let's use our color- coral red that's not bank blue and our name which almost looks and sounds like money. This is what Uncommon Creative Studio did for Monzo. It makes you wonder why there are so many sheep and so few zaggers? #zag #money #banks #banking #money #fintech #financialservices #advertising #marketing #brand #branding

Payit™ by NatWest Provides interactive investor with a Simple and Safe Way for Customers to Validate Bank Accounts and Enjoy Easy One-Click Payments Read more: https://lnkd.in/ed7aXE2F #Payit #NatWest #InteractiveInvestor #EasyPayments #BankAccountValidation #SecureTransactions #finance #fintech #FinancialIT

Monzo Bank - I love the fact you have a 5-15’s account now. But I don’t agree that giving children a regular pocket money payment helps build financial skills for life. Ok - I understand the intention is good and having some money enables them to learn how to manage the money. My concern is that by giving them regular pocket money, we’re teaching them they don’t have to work for it. That it will just appear. But what if we went one step further and taught them how to make money in the first place? That they need to find solutions to other people’s problems in order to create value and get paid or that value? This could be so exciting and beneficial - not just to them individually but to the whole of society. Imagine a generation committed to solving problems and adding value. What do you think? #family #financialeducation #finances

My two cents after the event this morning... 💥 Day 1 of the consumer duty involved a lot of scrabbling around for evidence to justify existing business models. 💥 Day 2 of the consumer duty is generating much more interesting questions... rethinking whole business models to deliver better customer outcomes... using behavioural science to better understand customers and new sources of data to tailor services and better guide customers... Exciting times ahead! #behaviouralscience #consumerduty #openfinance