User Guide

How to set Havoro up for the way you bank, and the habits that make it genuinely useful instead of another abandoned budgeting app.

ON THIS PAGE

  1. The right order to set things up
  2. Accounts: what to add and which type to pick
  3. Set it up for your banking style
  4. Importing & categorising like it's no effort
  5. Budgeting that actually sticks
  6. The monthly routine (20 minutes)
  7. Getting the most out of it

1. The right order to set things up

Most people abandon budgeting apps because they start by setting a budget, guessing numbers for categories before knowing what they actually spend. Havoro's dashboard shows a Getting Started checklist that walks you through the order that works:

  1. Add your accounts, the containers your money lives in
  2. Import a month or two of bank CSVs, real data instead of guesses
  3. Categorise those transactions, so you know what you actually spend
  4. Set budgets, informed by reality so they're achievable
  5. Plan your monthly transfers, turning the plan into concrete "move $X to Y" actions

Each step takes minutes. The whole setup is comfortably under an hour, and steps 2 and 3 get dramatically faster after the first time thanks to auto-categorisation rules.

2. Accounts: what to add and which type to pick

Add every account that either holds money you track or affects your net worth:

Account typeUse it forNotes
Everyday / transactionThe account your card runs offImport CSVs into this
SavingsSavings accounts, emergency funds
OffsetAccounts that offset a mortgagePick offset over savings when it's linked to a home loan. You can link it to the loan account
Credit cardCredit cardsEnter the current amount owing as a negative opening balance
Mortgage / liabilityHome loans, car loans, personal loansBalance is what's owing
SuperSuperannuation / retirementUpdate the balance at check-ins; no transaction import needed
PropertyYour home, investment propertiesManual valuations; be conservative
Share portfolioBrokerage accountsAdd holdings by ticker. Prices update automatically

Don't add accounts you'll never look at. An account you get paid into and immediately empty (a "pass-through" account) often isn't worth importing. If every dollar leaves it within days as transfers, tracking it just doubles your categorising work. Track the accounts where money lands and gets spent.

3. Set it up for your banking style

There's no single correct setup. It depends on how your money actually flows. Find yourself below.

The credit card daily driver

"Everything goes on the card, points and interest-free days included, and I pay it off in full every month."

The one mistake to avoid: categorising the card repayment as an expense. The spending was already counted when each purchase hit the card. The repayment is just a transfer.

The debit-only banker

"Everything comes straight out of my everyday account. Maybe a savings account on the side."

The bills-account system

"Pay lands in one account, then I sweep it out on payday: bills account, savings, spending, and the bills account handles every direct debit."

Couples & shared finances

"Two people, joint accounts, maybe some individual accounts too."

4. Importing & categorising like it's no effort

Getting the CSV

Log in to your bank's website (not the app; the export option usually lives on the desktop site), find the transaction export, and pick CSV format. ANZ, NAB, Westpac, and CommBank exports are recognised automatically. Export a whole month or more at once; overlapping date ranges are safe, because Havoro detects and skips duplicates on import.

Categorising fast

Transfers: the concept that makes or breaks your numbers

Any money moving between your own accounts (paying the credit card, sweeping to savings, topping up the bills account) is a Transfer, not income or spending. Mark both sides. If your income or spending numbers ever look impossibly high, an unmarked transfer is almost always the culprit.

5. Budgeting that actually sticks

6. The monthly routine (20 minutes)

Havoro is designed around a monthly rhythm, not daily data entry:

  1. Export & import last month's CSV from each active account (~5 min)
  2. Categorise the stragglers the rules didn't catch (~5 min, shrinking every month)
  3. Review the budget page. Where did last month actually go? Adjust any budget that's consistently wrong (~3 min)
  4. Run a Check-in (Settings, then Check-in): update super, offset, and loan balances, and let it snapshot your net worth. This builds the net-worth history chart, the single most motivating graph in the app (~5 min)
  5. Open the Transfer Planner and make the transfers it lists at your bank (~2 min)

Anchor it to payday. The routine works best as a payday ritual: money arrives, 20 minutes later everything is swept, snapshotted, and the month is set up. Couples should do it together with a coffee. It turns "we should talk about money" into a calm habit instead of an argument.

7. Getting the most out of it