Understanding Your Expenses with Koho Insights 💸


Here at Koho, it is our sincere mission to help more Canadians take control of their personal finances. Whether you’re looking to rebuild your credit score or save up for an upcoming goal, we wanted to make it easy for you to know exactly where your money is going. Unlike a traditional credit card where you see your specific transactions on a monthly statement, you can see all your transactions on Koho in real-time.

To better understand how your transactions will show up on your Koho app, here’s a breakdown of how Koho Insights can help you manage your expenses:

What are Koho Insights?

Our Insights feature is a unique algorithm that displays all your transactions on Koho in real-time. This means that every time you use Koho for a purchase or transfer, you’ll be able to see where that transaction went based on its respective category. When you log into your Koho app, you can tap on Insights to see what types of transactions you’ve made on your Koho account each month.

How can I see exactly where I spent my money?

With Insights, you’ll be able to see a breakdown of all the categories of your purchases, your spending habits, and how much went towards your goals (if you have goals set up on Koho). When you tap on Insights on your Koho app, the default screen will go to ‘Categories’. Swipe left to go to ‘Spending’, and swipe left again to see how much has been allocated for your goals. You can also see a breakdown of your spending habits per month, per week, per day, as well as your average and typical spend.


What if my transaction was labelled incorrectly?

Our algorithm looks for keywords in a merchant’s store name to figure out the best category to list it as, however, we realize that some things need a little bit of customization. If you notice any one of your purchases were categorized incorrectly (either on your Feed or Insights), simply click into the transaction item, tap on the category icon of that purchase, and select the correct category. You can also create your category by selecting ‘+ADD NEW’ when you click into your transaction.


How can Insights help me with budgeting?

Checking your Insights on a weekly or monthly basis is a great way for you to better understand how to set realistic goals and budgets for yourself. While we are working on our own budgeting tool within Koho, we recommend using Koho for at least one month to get a feel for how you’re spending your money. Start by monitoring where and how you’re spending your money on a weekly or even monthly basis before creating a budget. That way, you’ll feel less guilty about going over your budget when it likely didn’t suit your lifestyle in the first place.




We hope this helps you better understand your daily expenses on Koho, and helps to restructure a budget that works for you.

If you haven’t tried Koho yet, you can find us on the App Store or Google Play Store and see how you can take control of your expenses with Koho (for free!).

About the Author

Lynn Shinto

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Community Manager