Ah! this is a good one.
I’ve seen something similar on the Google Play Store. It’s under profile, payments & subscription, budget & history.
You can set a budget for yourself for that particular month. It won’t stop any purchases, but they will let you know if you are close to the limit/ exceeded it.
I think it’s not related to the budget feature. I’m talking more in the line of a automatic saving plan.
Let me explain with an example.
If I’m making a regular payment (ex. Petrol refill), I would love it if jupiter had a feature to automatically deposit a pre-determined amount into a pot whenever I made such payments.
I think this feature is present in the fi app and their card.
Hey @akasshmurali, thanks for simplifying it down!
Some doubts, after you make the transaction, are you saying that some additional amount from your balance must be put into the pot? Just wanted to how would this be of any benefit to us.
So is it like, the next time you make the payment to the same merchant, the amount from the pot will be used instead?
The problem I see with this is the amount and the change of transaction behaviour. What this means is, let’s say I purchase something for 100 today, another 100 goes into the pot from my balance. Tomorrow I make a purchase of Rs.200. The balance in my pot would not suffice, unless it balances it out with my bank balance amount.