FAQ

How does the app work?

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There are three key concepts to understand in Money Journal: wallets, transactions and categories. 

 

Wallets

Wallets serve unique purposes that are tailored to a specific aspect of financial planning, for example: saving money, budgeting or tracking bills. Each wallet type has its own functionality that has been designed to make it easy for you to plan your finances.

 

Transaction

All events that involve movement of money are captured in Money Journal as transactions. Each transaction belongs to a wallet and contains details such as an amount, description and date. 

 

Category

To make sense of your transactions you can create and personalise your own categories. Categories are used as a way to group your transactions in a meaningful way.