How can I create a custom category?

The ability to customize your budgeting categories is essential for accurately tracking your spending habits and managing your budget effectively. If a transaction doesn’t fit into one of our existing categories, you have the flexibility to create your own category. Simply select the category type, give it a name, and choose an icon. You can also edit your custom categories anytime, ensuring your budget reflects your unique needs.

Currently, you can only create a custom category through the MoneyWellth Learning+ App. Here's how you can create a custom category:

Through the App:

1. Log in to your MoneyWellth Learning+ account.
   
   
2. Go to Budgeting from the bottom navigation menu.
   
   
   
   
3. Tap View All Categories.
   
   
   
   
4. Select the category containing the transaction for which you would like to create a custom category.
   
   
5. Tap the transaction. The transaction details will appear. You can also create a custom category from the category selection list. 
   
   
6. Tap Custom Categories.
   
   
   
   
7. Tap Add Category. If you've already created a custom category, this is also where you will see your existing custom categories. 
   
   
8. Create the custom category by selecting the category group (Expenses or Non-Spending), category name, and icon for the category. Tap Save to create your custom category successfully. 
   
   
   
   
9. The last step is to assign your transaction(s) to this custom category. When you recategorize a transaction, your custom category will appear in your category list to choose from.