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How do weekly spending payments work?

Once you've set your budget in Squirrel, you will have the option of turning on weekly spending payments. This only applies to funds that are left over from your income after your commitments and savings have been set aside.

If you choose to turn on the weekly spending feature under the 'Spending' section, any spending money due over the month will be broken down into weekly amounts that will be transferred to your current account every Monday.

This makes it easier to budget as you only need to manage money for one week at a time, rather than the whole month.

If you choose to turn the weekly payments feature off, your spending money will be paid out to you as one lump sum instead.