Your Spendable is our suggested amount you have available to spend. Think of it as your everyday spending money.
Spendable = Total balance - Total savings
*Total savings is a combination of your Goals, RoundUps, and Vault, not yet cashed out
Your Spendable could be the same as your Total balance, unless you’ve set aside money using features like Goals, RoundUps, or the Vault.
Here’s how it works:
Goals and RoundUps move money out of your Spendable and into savings automatically.
Your Vault is a separate savings spot where you can manually stash cash. Money in your Vault cannot be spent until you move it back to your Spendable balance.
Once you hit your Goal or need that money, you can move it back to Spendable by marking the Goal as "complete."
Heads up: If you're checking your balance on the web, it might not show your Cover, Vault, RoundUp, or Goal totals. For the full picture, use the KOHO mobile app 👍