How do I create an account?

You can sign up using your email address, Google account, or Apple ID. Simply tap 'Get Started' on the welcome screen and choose your preferred sign-in method.

How do I set up my preferred currency?

During onboarding, you'll be prompted to select your currency. You can also change it anytime by going to Profile > Currency. Coinify AI supports 100+ currencies worldwide.

How do I add a transaction?

Tap the '+' button on the home screen or transactions tab. Select 'Income' or 'Expense', choose a category, enter the amount, add an optional description, and tap Save.

Can I edit or delete a transaction?

Yes! Tap on any transaction to view its details. From there, you can edit the amount, category, description, or date. To delete, tap the delete button and confirm.

Budgets help you control spending in specific categories. Set a spending limit (e.g., $500/month for Food), and the app tracks your progress with visual indicators.

How do I create a budget?

Go to the Budget tab and tap 'Add Budget'. Select a category, set your spending limit, choose the period (weekly, monthly, or yearly), and save.

What's included in Coinify AI Pro?

Coinify AI Pro includes: Unlimited transactions and budgets, Advanced analytics, Export to PDF & Excel, Cloud backup, AI Chat assistant, Priority support, and 100% Ad-free experience.

Is there a free trial?

Yes! New users get a 3-day free trial on weekly and monthly plans. Experience all features before committing. Cancel anytime during the trial at no charge.

Is my financial data secure?

Yes. Coinify AI uses bank-level encryption for all data transmission and storage. We never sell or share your personal financial information.

Can I use Coinify AI on multiple devices?

Yes! Sign in with the same account on any device, and all your data syncs automatically.

A Beginner's Guide to the FIRE Movement

What is FIRE?

FIRE stands for Financial Independence, Retire Early. It's a lifestyle movement with the goal of gaining financial freedom long before the traditional retirement age of 65. The core premise is maximizing your savings rate—often saving 50% to 70% of your income—and aggressively investing those savings.

The Two Pillars of FIRE

The FIRE movement relies heavily on two main mathematical principles:

1. **The Rule of 25:** To be financially independent, you need a portfolio equal to 25 times your annual living expenses. If you live on $40,000 a year, your target "FIRE number" is $1,000,000.

2. **The 4% Safe Withdrawal Rate:** Once you reach your FIRE number, historical market data suggests you can safely withdraw 4% of your portfolio every year (adjusted for inflation) without running out of money.

The Different "Flavors" of FIRE

As the movement has grown, it has diversified into several variations to fit different lifestyles:

* **Lean FIRE:** Extreme frugality. Reaching financial independence quickly by living on a very minimalist, low-budget lifestyle (e.g., living on $25,000 a year).

* **Fat FIRE:** Retiring early without sacrificing a luxurious lifestyle. This requires a much larger portfolio, often $2.5 million or more.

* **Barista FIRE:** Saving enough to quit a stressful corporate job, but continuing to work a lower-stress, part-time job (often for health insurance benefits) to cover current expenses while investments grow in the background.

* **Coast FIRE:** Front-loading your retirement investments early in life, then simply working enough to cover your current living expenses without needing to contribute to retirement accounts ever again.

Is FIRE Realistic for You?

While saving 50% of your income isn't feasible for everyone, the principles of the FIRE movement are universally beneficial. Even if you don't want to retire at 40, adopting a FIRE mindset forces you to:

* Drastically reduce unnecessary expenses.

* Focus on increasing your income.

* Understand the power of compound interest.

Conclusion

Whether you want to quit the rat race completely or just buy yourself more options, the FIRE movement offers a powerful framework. Start tracking your savings rate in Coinify AI today to see how fast you could reach your own version of financial independence.