How CashCat Works
Start with Your Money
Tell CashCat how much money you have in your Bank Accounts right now.
Create Your Budget
Create Groups like "Food", "Shopping", or "Savings".
Then, create Categories like "Groceries", "Rent", "New Car".
Give each of these categories a Goal - how much you want to save to, or how much you want to spent each month.
Give Every Penny a Job
Assign all your money to each Category until all your money is assigned. If you have some left over, assign it to next month!
Spend Within Your Categories
When you buy something, log it as a Transaction and watch your available money in that category adjust instantly. No overspending surprises!
The CashCat mentality encourages manually logging transactions. This way, spending is a conscious decision. In the future, you will be able to import transactions automatically from your bank.
The Zero-Based Method
Income - Assigned Money = 0.
Every penny has a purpose before you spend it - savings, spending, paying of debt. Never wonder "where did my money go?" again.
An Example Budget
Let's say you:
Set a monthly goal of £60 for Groceries.
Last month, you had £10 left over. This will roll over into this month!
This month, you assign a further £45.
You made a purchase at Aldi for £32.80. You have £22.20 left to spend.
There's now 7 days left in the month.
Here's what that would look like:
Groceries
£22.20
£60.00
👆 Click the category card above to try assigning money!
The Zero-Based Method - Reminder!
Income - Assigned Money = 0.
Tips and Tricks
If you select an account on the transactions page, you can compare CashCat's balance with your bank's!