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Each partner owns their data

Each partner has their own finerd space. Your accounts, transactions, categories, reports, and history belong to you. If the relationship changes, your history does not disappear because it was stored inside someone else’s shared space. Family accounting connects selected records between two spaces; it does not merge both people into one account.

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Private by default

Inviting a partner does not automatically show your balances, cards, transactions, categories, or reports. A birthday gift, hobby purchase, or personal transfer stays private unless you share it. There are two ways to share:
  • Share an account when your partner should see the account balance and transactions.
  • Mark a transaction or allocation as family when a household expense from a private account should be shared.

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If it happened in real life, you should be able to record it

Family spending is messy. One transaction can contain a family part, a personal part, money someone owes you, and a cash adjustment. finerd supports this by letting you split a transaction into allocations and share only the allocation that belongs to family accounting. For example, on a restaurant bill, you can mark the family dinner as shared and keep the part friends owe you separate.

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Categories are personal

Each partner keeps their own category list and reporting style. The same shared transaction can be categorized differently by each partner. If your partner categorizes a YouTube transaction as Subscriprions, you can change it to Entertainment in your space. Your change affects your reports, not your partner’s.

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How to structure shared reports

Family reports should separate personal and shared spending without exposing unrelated private transactions. A useful structure is Mine, Ours (I paid), and Ours (Partner paid). This lets you see your own spending, shared expenses paid from your side, and shared expenses paid by your partner without turning the report into a full view of both private lives.

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Transfers stay traceable, but are not double-counted

Moving money between partners is not automatically an expense. If you send your partner $2,000, that transfer should stay traceable, but it should not be counted as family spending by itself. If your partner later spends $1,200 of that money on groceries, rent, or another family expense, that later expense can be shared. The remaining $800 can stay personal. This keeps transfers visible without double-counting the same money as both a transfer and an expense.

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Family accounting includes assets and debts

Family finances are not only expenses. A shared car, mortgage, investment account, or debts can also be part of the family picture. In finerd, you can share any account type that belongs in the family view, including loans and debts between people. If an account should stay personal, keep it private and share only the transactions or allocations that matter for family accounting.

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Bookkeeping should follow real life

You should not need to open a special shared account, use a worse card, or change how you pay just to make family accounting work. Use the account that makes sense in real life. Then decide in finerd whether the whole account, one transaction, or one allocation belongs in family accounting.