https://github.com/bee-san/bank

Used for my banking
https://github.com/bee-san/bank

Last synced: 3 months ago
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Used for my banking

• Host: GitHub
• URL: https://github.com/bee-san/bank
• Owner: bee-san
• Created: 2018-06-11T23:48:29.000Z (over 7 years ago)
• Default Branch: master
• Last Pushed: 2018-06-30T13:51:14.000Z (over 7 years ago)
• Last Synced: 2025-03-13T06:14:25.013Z (10 months ago)
• Language: Python
• Size: 16.6 KB
• Stars: 1
• Watchers: 2
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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README

          

Idea is:

during the month any income earned goes into a NatWest account

On the first monday of the next month (when interest is paid):

* move all left over-funds from Monzo to NatWest

* Move 80% from the account to Monzo

    - this leaves 20% extra each month

    - effectively compound saving for my emergency fund

    - leave in NatWest for the interest rate (currently 1.5%)

* using 10% from my monzo account, buy something like cryptocurrencies

    - high risk, high reward

    - if it doesn't go up, it's only 10%

    - if it does, I've made a bit of money

* using 40% from my monzo account, invest into low - mid stuff

    - bonds mainly

    - and equities

    - Currently I'm paying a robo-advisor (like AI, but barely AI) to do this for me

    - it diverisifes it really well and I don't any fees on the first 5k

    - it may not be optimal but it works and I don't know enough about investing to comftorably do it myself

* put some of the rest of the money into pots like holiday, christmas etc

    - using IFFT automate a weekly amount to be moved from a pot to my account

    - a weekly allowance? 

* move back to YNAB

    - Consider setting this up: https://github.com/fintech-to-ynab/fintech-to-ynab

most of this isn't automated yet, but OpenBanking is a thing now, imagine if this was possible

Ideas for this app:

* I currently have IFFT set up to auto-track all my Monzo expenses in google sheets

    - would be cool if I could have a sumary in this program

* Log all my income into a google sheets

    - have the summary here also

    - for tax purposes too

* Rate me on how good I did this month

* track my browser usage to see if I actually use the subscriptions I'm subscribed to

* Look at peer-to-peer lending (?)

* Consider getting a Vanguard ETF next tax year

* Correlate FitBit data with Monzo data

    - I have a suspicion that when I don't work out on a day I spend more on chocolate

    - we can prove this using FitBit data