Two-Level Category System
WonderFunds uses a two-level hierarchy to organize your transactions:
- Categories (top level): Broad spending areas like "Food & Dining", "Transportation", "Housing"
- Subcategories (second level): More specific breakdowns like "Groceries", "Restaurants", "Coffee"
Every transaction is assigned to one category and optionally one subcategory.
Default Categories
WonderFunds comes with a set of default categories that cover common spending areas. These are automatically translated based on your language setting.
Default categories include: Housing, Transportation, Food & Dining, Shopping, Entertainment, Health, Education, Insurance, Savings & Investments, Income, and more.
Creating Custom Categories
- Go to Categories in the sidebar
- Click Add Category
- Enter a name, choose an icon and color
- Optionally add subcategories
Adding Subcategories
- Click on an existing category to expand it
- Click Add Subcategory
- Enter a name for the subcategory
Managing Categories
- Edit: Change the name, icon, or color of any category
- Reorder: Drag categories to change their display order
- Delete: Remove a category (transactions using it will become uncategorized)
Note: Default system categories cannot be deleted, but you can hide them by reordering.
Tags
In addition to categories, you can create tags for cross-category grouping:
- Tags are freeform labels with a color
- A transaction can have multiple tags
- Use tags for things like "vacation", "business expense", or "tax deductible"
Manage tags from the Tags tab on the Categories page.