It all comes down to your Total Balance and your Spendable →

  • Total Balance: The real money that you have put into your KOHO account.
  • Spendable: The suggested amount you have to spend without dipping into your Goal Savings. 

KOHO automatically, virtually, moves your scheduled Goal contribution, let's say $50 bucks every two-weeks, from your Spendable to your Goal Savings (just tap the Savings tab to see it). 

What if you don't have enough money in your account to meet your daily contribution? 

  • Coming Soon: You’ll be able to choose to extend your goal’s end date or increase the contribution amount.

🙋Just a quick heads up, the separation between your Spendable and your RoundUps and Savings are a visual separation. This means that although on your KOHO app, they are in different sections, when it comes to transaction, your KOHO account is all one account. If you have $10 in your Spendable and $5 in your RoundUps and $2 in a Savings Goal and make a purchase for $17, this transaction will pull funds from your RoundUps and Savings Goal.

You can cash out your Goal Savings whenever you want or need. 

Let us know via our in-app chat if you have any questions 😉

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