Q) What’s the difference between internal and transfer?
A) • Internal is between two accounts at the same bank (or a pot/goal and main account)
• Transfer is between two accounts at different banks
Q) How is bills different from housing?
A) • Housing is rent or mortgage and council tax
• Bills is water, sewage, gas, electricity, broadband etc
Q) Do you put your netflix etc in bills or entertainment?
Q) Is booze part of groceries or entertainment or drinks?
A) Buy a bottle of wine or beer with your shopping and it is groceries but buy a friend wine in a pub or restaurant and it is entertainment, until you can split transactions and then I would put then all into the drink category
Q) Should takeaways go in eating out?
A) If they are cold I treat them as groceries but if they are hot I treat them as eating out
Categories is the hardest thing as different people will categorise things differently or indeed an individual may on different days!