Important: When you cash out a Goal, your Spendable will increase, but you won't see a record of the cash out in your transaction feed. This is expected behaviour as this is considered "internal money movement."

KOHO helps you squirrel away a bit of money each day to help you reach your Savings Goals 🐿️ 

KOHO automatically, virtually, moves your daily Goal contribution (for example, $2) from your Spendable to your Goal Savings. You can cash out your Goal Savings whenever you want or need. 

Total: 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. 

Step 1: In-app, go to the Discover tab > Save > Goals > "+" ( to create the Goal)

Step 2: Name your Goal

Step 3: Enter the amount you want to save

Step 4: Pick the date you need the money by

Step 5: Add funds to your Goal (optional)

Step 6: Review your Savings Plan. Here you can edit your goal and adjust the savings frequency and contribution amount.
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Step 7: Decide how you want your goal to be adjusted in case you miss a scheduled contribution

You can contribute to your goal at any time, this goes for withdrawing some funds or cashing out and completing your goal.

🙋Just a quick heads up, the separation between your Spendable and your RoundUps and Savings is a visual separation. This means that although in your KOHO app, they are in different sections, when it comes to transactions, 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.

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 👍