When you set a Goal in KOHO, you’re automatically moving small amounts from your everyday spending money into savings. Here's how it works 👇
How KOHO Moves Your Money
Each time you make a scheduled contribution—say, $50 every two weeks—KOHO shifts that amount from your Spendable balance into your Goals. This happens behind the scenes. You’ll see the change in the app, but there’s no transaction record because it's just moving your own money around.
Total balance: The total amount of all funds held in your KOHO account (Spendable + Vault + RoundUps + Goals)
Spendable: What KOHO suggests you can safely spend without touching your savings.
You can check your Goal Savings by navigating to the Discover tab > Goals.
🙋Important to note: The distinction between your Spendable balance and your Savings balances (RoundUps and Goals) is a visual separation. While these appear as separate balances in your KOHO app, they're all part of one unified balance for transactions. For example, if you have $10 Spendable, $5 in RoundUps, and $2 in a Goal, a $17 purchase will automatically draw from your RoundUps and Goals balances to complete the transaction.
What If You Don’t Have Enough for a Daily Contribution?
You can pause your Goal, change your schedule, or add money whenever you want. You’re always in control.
How do I edit or delete a Goal?
In-app, go to the Discover tab > Goals > and select an existing Goal. You can select the Goal Settings in the top right-hand corner and adjust, pause, or delete the goal as needed 👍