What is an expense?

An expense  is everything that you spent. Groceries, electricity bill, dinner with your family, these are examples of expenses.

Register correctly all of your expenses is very important for you to know how your money is being spent. You'll have better ideas on how to save your money.

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On Mobills, you don't need to record the same expense every month, as an installment payment of your car or mortgage, for example, we've created a functionality which is possible to insert recurring expenses. There are two types of repeated expenses on Mobills: recurring and repeated.

The differences between them are: 

•  Fixed: This is an expense that will repeat every month. It is ideal for expenses that you pay monthly as an electricity bill, rent, etc.
•  Repetida: This option is used to repeat expenses, although you have to determine the frequency of that repetition will happen. It is ideal for installment payments.

 
Now, you already know everything about the concept of expenses and what types we have in Mobills. Start recording them correctly in your Mobills and keep track of your expenses.