HelloWallet has a default list of 28 categories. The categories are broken down into: regular expenses, bills, transfer, and income. You can add any custom categories to these groups. To open the Edit Categories page open the Edit drop-down menu on the top right hand corner of the transactions ledger and select, Edit Categories.
Click +Add within the category group from the Edit Categories Page. Type the name of your new category within the parent category group of your choice. If have a pet or receive additional income from a rental property, perhaps you want to keep track of those purchases individually. This is a great way to help fine-tune your spending.
Remember that the categories you use within your transaction ledger should be the same as the Budget Item categories that you use.
Note: Default categories cannot be edited or deleted.