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.

Sinking Funds Explained: The Secret to Stress-Free Budgeting

The Problem with Traditional Budgets

A standard monthly budget is great for monthly expenses like rent and groceries. But what happens when Christmas arrives, or your annual car insurance premium is due? If you haven't planned for them, these predictable expenses feel like emergencies and often end up on a credit card.

Enter the Sinking Fund

A sinking fund is a strategic way to save money by setting aside a little bit each month for a specific, known future expense. Unlike an emergency fund, which is for the unknown, a sinking fund is for the inevitable.

How to Calculate a Sinking Fund

The math is incredibly simple:

Total Estimated Cost ÷ Months Until You Need It = Monthly Savings Goal

For example, if you spend $1,200 on Christmas gifts every December, and it's currently January, you need to save $100 a month ($1,200 ÷ 12 months) into a "Christmas Sinking Fund." When December rolls around, the money is already there. No stress, no debt.

Common Sinking Fund Categories

* **Holidays and Birthdays**

* **Annual Subscriptions (Amazon Prime, Software)**

* **Car Maintenance and Registration**

* **Home Repairs**

* **Vacations**

* **Back-to-School Shopping**

Where to Keep Sinking Funds

The best place to keep sinking funds is in a high-yield savings account that allows you to create multiple sub-accounts or "buckets." This keeps the money separate from your checking account so you don't accidentally spend it on everyday items.

Conclusion

Sinking funds transform large, intimidating expenses into manageable monthly bites. By incorporating sinking funds into your Coinify AI budget, you eliminate financial surprises and gain true peace of mind.