Understanding your spending by category
Finthy automatically categorizes your transactions to help you understand where your money goes. This category analysis is essential for effective budgeting and financial planning.
How Finthy categorizes transactions
When transactions sync from your connected banks, Finthy automatically assigns categories based on:
Merchant name and type
Transaction description
Historical categorization patterns
Viewing spending by category
Access the category breakdown from your Dashboard
See pie charts and bar graphs of your spending
Click on any category for detailed transactions
Customizing categories
You can change any transaction's category by clicking on it. Finthy learns from your changes and applies them to similar future transactions.