Yes! In our latest feature release, we've made it possible to add as many custom personal categeories as you like! Read the support article on how to do this.
Below is also a list of pre-made personal categories that you can also use.
Personal Income & Expense Categories | Examples |
Boats & Jet Ski’s |
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COVID 19 - Additional Support Payments |
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COVID 19 - Early Release of Super |
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COVID 19 - Supplement Payments |
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Caravans & Motor homes |
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Centrelink - Family Benefits Payments |
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Childcare & After School Care | Childcare - costs of childcare including daycare and before and after school care |
Child Support | Child and Spouse Maintenance - either treated as a liability or added to living expenses |
Clothing | Clothing and Personal Care - clothing, shoes, hair cuts, cosmetics, beautician services, etc |
Entertainment | Recreation and Entertainment - all the fun stuff etc should go in here:) |
Food - Groceries | Groceries |
Food - Dining in/out | Restaurants, bars, Uber Eats and takeaway |
Gifts |
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Gym & Health |
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Hair and Beauty |
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Higher Education and Vocational Training (not deductible) | Higher Education and Vocational Training - This is usually covered within HEM living expenses |
Hobbies |
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Medical | Medical and Health - excl Health Insurance |
Personal Expenses - Other |
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Personal Income - Other |
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Pets | Pet Care - including pet insurance |
SMSF Transactions |
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School Fees | Public or Government Education / Private School Education and Tutoring |
Sports |
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Subscriptions (not deductible) | Telephone, Internet, Pay TV - covers phone, mobile phone, Internet and streaming services such as Netflix, Spotify, etc |
Travel (not deductible) | Transport - parking, tools, petrol, maintenance, rego. Can include insurance for some lenders |