How ReceiptIQ Helps You Stay On Budget With Category Tracking

Published: April 2025

Staying on budget is one of the most important steps toward achieving your financial goals. With ReceiptIQ, you can easily track your spending by category, set budgets, and get real-time feedback on your progress. Here's how you can use ReceiptIQ's category tracking features to take control of your finances.

1. Organize Your Spending with Categories

ReceiptIQ automatically categorizes your expenses as you scan or enter receipts. You can also customize categories to match your unique spending habits—add, rename, or assign icons and emojis for a more personal touch.

Groceries, Dining, Transportation, Utilities, and more
Create custom categories for hobbies, pets, or anything else
Assign a unique icon or emoji to each category for easy recognition

2. Set Budgets for Each Category

Take budgeting to the next level by setting monthly limits for each category. ReceiptIQ's budget bars visually show your progress, so you always know how much you've spent and how much is left.

Tap a category to set or adjust its budget
See a progress bar update in real time as you add expenses
Get notified when you're approaching or exceeding your budget

3. Visualize Your Spending

ReceiptIQ provides clear charts and summaries to help you see where your money goes. The category view chart breaks down your spending, making it easy to spot trends and areas for improvement.

Pie charts show the percentage of spending by category
Calendar and trend views help you spot patterns over time

4. Tips for Staying on Track

Review your category spending weekly to catch overspending early
Adjust budgets as your needs change
Use custom categories for special projects or events

With ReceiptIQ's category tracking and budgeting tools, you'll have everything you need to make smarter spending decisions and reach your financial goals faster.