Yes. Dyme creates an overview of your income, fixed expenses (such as subscriptions) and your variable expenses (such as groceries). You can picture Dyme as a modern cash book, in which you don’t have to manually fill everything in and keep on top of. Dyme will do it automatically for you.
Your transactions are automatically divided into categories and put into the corresponding overviews. At a glance you can see how much your spending a month on groceries or clothing. Dyme can also automatically record how much you’re earning every month.
Many people use ‘cash books’, in Excel or on paper, to organise their finances. In these cash books debits and credits are noted. This gives a clear overview of what you’re earning and spending a month and, more importantly, on what you’re spending it. Based on your cash book you can start making changes to your expenses and set budgets or saving targets.
Miss anything within the app? Please email us any suggestions you might have for new features at [email protected]