Categorising spending
Explore why individual transactions look random.
In this lesson
Categorising spending is part of Tracking Spending. This preview shows how budgeting connects to everyday family decisions such as earning, saving, spending choices, goals, approvals, or parent-guided money conversations inside Progress Penguin.
Think about this money choice
Imagine this situation: Spending this week: airtime 600 in local currency, data 1500 in local currency, lunch 800 in local currency, transport 1200 in local currency, movie 2000 in local currency, popcorn 400 in local currency.
How it works
Individual transactions look random. Grouped into categories, patterns emerge. You cannot know you spend 40% on entertainment until you have grouped those transactions.
Try a real-life example
Real-life money moment: One month: needs 8000 in local currency, wants 7000 in local currency, savings 1000 in local currency. Income: 16000 in local currency.
Activity preview
Try the challenge
Use what you learned to complete this short challenge.
Practice funding your spending account
Open Requests and make a deposit request so you can see how money gets added before spending. Parent approval can happen later.
Quiz preview
Why categorise spending?
Spending this week: airtime 600 in local currency, data 1500 in local currency, lunch 800 in local currency, transport 1200 in local currency, movie 2000 in local currency, popcorn 400 in local currency. Communication total?