Understanding payment transactions
Finthy automatically identifies and tracks payment transactions from your connected bank accounts. Understanding how payments are categorized helps you better manage your spending.
What counts as a payment?
In Finthy, payments are outgoing transactions including:
Purchases: Store purchases, online shopping
Bill payments: Utilities, subscriptions, services
Transfers out: Money sent to other accounts or people
Cash withdrawals: ATM withdrawals
Card payments: Debit and credit card transactions
Payment vs Income
Finthy distinguishes between:
Payments (Expenses): Money leaving your accounts - shown as negative amounts
Income: Money coming into your accounts - shown as positive amounts
Viewing your payments
Go to the Transactions page
Use filters to show only expenses/payments
Sort by date, amount, or category
Click any transaction for details
Payment categories
Payments are automatically categorized into groups like:
Food and Dining
Shopping
Transportation
Bills and Utilities
Entertainment
Health
And more
Tracking payment patterns
Use Finthy to identify:
Your largest expense categories
Recurring payment patterns
Unusual or unexpected charges
Opportunities to reduce spending