Presentation of Lydia's piggy banks
Lydia lets you create several accounts to organise spending and save a bit of money, right from the app.
When shoud you create a piggy bank?
If you want to save money, there is nothing more important than having a clear view of what you're spending. Unfortunately, banks only let you have one current account — all of your expenses are merged in one single place. This creates useless confusion.
To help you out, we created piggy banks!
Through the app, you can for example create...
- A "Shopping" piggy bank to define a clothes' limit for a month
- A "Travel" piggy bank to save money for your next trip
- A "Kitchen renovation" piggy bank
👉 Premium lets you take as many accounts as you want and need. To know more, read this article.
Creating one or multiple piggy banks
There is nothing simpler than creating a piggy bank. First, open the Lydia app, then:
- Go to the "Accounts" tab
- Click on the "+" button
That's it! You can start crediting the account or sharing it with friends.
Manage a piggy bank with several people
A piggy bank can be managed by one or several persons.
When there's more than one member, the user needs to define his rights:
- See the balance
- See the transactions
- Spend the money
- Manage group members
Putting money in your piggy bank from a money pot
When a piggy bank exists, you can create in one click a "money pot" web page automatically linked to it. This money pot will have a specific URL which can be shared to anyone. The money put in this money pot will directly go into the piggy bank.
Using the money from a Lydia's piggy bank
To know more, read this article
Managing display settings
Read : Managing your accounts