You already know your family expenses. How much you spend on bills, cellphone, car, groceries, and housing cost. Based on your math, after taking care of all your monthly expenses, you should have some money left at the end of the month. But for some reason, you’re barely able to make it to the next paycheck. You’re doing what you can. So where is your money going? Don’t worry, we’ll help you to find out.
When doing it for the first time, this step will probably be one of the most complicated things you’ll have to do. We recommend the first file you use is just for a week. That way you’ll be able to go try the process faster. But don’t worry, once you know where to find it will become really easy.
Once you have your first csv file from your bank account, you’re ready to create your account. All you’ll need to enter is your name email and password. That’s it. You’ll be able to try the service in seconds. Make sure you write down your password.
Here you have to assign a category to each of your transaction. The categories you assign to the transaction will be used to show you a summary of how you’ve been spending your money. Don’t worry if you don’t select to right category. You will be able to change it any time.
Last, you’ll assign a monthly budget for each transaction categories . Actually you don’t have to assign to each single transaction. You can skip a transaction if you think you’ll not need it. Also, you can change this any time if you which. So don’t worry if you’re not yet sure what amount to put.