Documentation

Day to day

Tracking a debt

A debt lives inside a category, with its instalment reserved every cycle, plus a projection of how many months are left.

  1. 1

    What a debt is here

    It isn't a separate corner of your budget: the payment lives inside one of your own categories, like any other recurring expense, and sets itself aside every cycle. So the debt competes for your money exactly like rent does — which is exactly what it's doing.

    The debts screen, still empty: it invites you to add one with its payment to see when you'll have it paid off.
  2. 2

    Setting it up

    It needs two figures and one decision: how much you owe, how much you pay each month, and which category that payment lives in. The rate and the day of the month are optional — without a rate the maths still works, it just won't tell you what it's costing you.

    The moment you save, the payment is reserved in the cycle you're in, not the next one.

    The free plan tracks one debt. Premium lifts the cap.

    Adding a debt: which category its payment lives in, the balance, what you pay monthly, the rate and the day it falls on.
  3. 3

    How much is really left

    The app amortises month by month and tells you how many months remain and how much interest you'll pay in total. Change the balance or raise the instalment and the maths redoes itself as you type.

    It's the part that tends to sting and the part that helps most: seeing that a slightly bigger instalment cuts whole months off.

    A debt already set up: its balance, the payment, the rate, how long until it's paid off, and the button to log this cycle's payment.
  4. 4

    Every cycle, like any recurring expense

    The instalment reserves itself when the cycle opens and lowers your available balance from day one. When you pay it, you confirm it exactly as you confirm the rent.

    The category a debt's payment lives in: it shows up among its recurring expenses and its amount is reserved from day one.
  5. 5

    Changing it or closing it

    You can adjust the balance or the instalment whenever you like. An instalment you already confirmed isn't rewritten: it was a real payment, and history stays put.

    When you finish paying, you close it: it stops reserving and is archived along with its recurring rule.