How does it work?
With How I Spend each transaction is automatically categorised. To make it easier to manage your money you can:
- See what categories you're spending on.
- View the information in both visual charts and lists.
- Customise your view by choosing the year, month and category you want to see.
- View more details about the transaction by tapping on the transaction icon.
- Edit the category you’d like a transaction to be applied to. You can do for a one off transaction or apply it to all similar future transactions after that date.
How I Spend categories.
We understand everyone is different and the way each person thinks about their finances is very personal, so we’ve included categories we think will work for most people.
We’ll automatically categorise your transactions based on certain transaction information, like ‘merchant type’ and ‘merchant code’.
The merchant details we use to categorise your transactions are provided by Visa. While we do our best to make sure every categorisation is as accurate as possible, sometimes technology can have a mind of its own.
If you find a transaction has been categorised incorrectly, you’ll be able to ‘edit’ and assign it to another category.
At the moment, you're unable to create your own categories. We’re working on giving you the ability to create your own categories so keep an eye on our social media channels for any updates.
While we wait on our developers to work their magic, if you have a category that you think would be useful to add, we’d love to hear about it. Simply send us an in-app message or email [email protected] with your full name and suggestion.
At the moment this feature isn’t quite ready. We’re working on being able to export your spend categorisation with your transaction history. Keep an eye on our social media for updates.
With Hiver, you’re in control. You can turn off How I Spend at anytime by navigating to ‘My settings’ in the menu and swiping How I Spend to ‘off’. Just know if you turn off How I Spend and decide to turn it back on later, you will lose any customisation of categories that you had previously setup.