Frequently Asked Questions

SikaNomics is a personal finance manager that lets you record income and expense transactions, track what you owe and what is owed to you, set savings and debt-payoff goals, set monthly budgets, and explore deep insights into your financial habits. Everything lives in one simple, privacy-first app.

Tap "Get Started" on the homepage or visit the signup page. You can sign up with your email and a password, or use your Google account for one-click registration. We never ask for your bank login.

Yes. SikaNomics is free to use and there are no hidden fees, subscriptions, or paid tiers. You can track transactions, set goals, create budgets, view insights, and read financial articles without paying anything.

SikaNomics is a responsive web app that works great in any mobile browser. You can also install it to your home screen like a native app for quick access and offline support.

From the Transactions page, tap the "New Transaction" button. Choose whether it is income or an expense, enter the amount, pick a category, optionally add a note or date, and save. It appears in your feed instantly.

Yes. Every transaction is flagged as either income or an expense. Your dashboard shows income, expenses, and your net balance so you always know where you stand.

Yes. Assign a category to each transaction, then use search and filters to find specific entries by keyword, category, type, or date range on the Transactions page.

Absolutely. Use the Recurring page to create repeating transactions (weekly, monthly, etc.) for bills, subscriptions, or income. Recurring rules are turned into real transactions automatically on their scheduled dates, so you never miss a scheduled entry.

Open the transaction from your feed, then use the edit button to change any detail or the delete option to remove it. Deleting a transaction permanently removes it from your records.

Yes. On the Transactions page tap "Import" and upload a CSV, OFX, or QFX statement from your bank or mobile money app — or paste the text straight in. SikaNomics reads the statement on your device, works out the category for each row, spots anything you already logged, and shows you everything for review. Nothing is saved until you confirm.

CSV, TSV, OFX, and QFX files work, as does text pasted from anywhere. If your bank only gives you a PDF, open it, select all the text, and paste it in — rows separated by tabs or spaces are read correctly. Excel files are not supported yet: save the sheet as CSV first.

No. Every row is checked against your existing transactions on the exact date, amount, direction, and description. Anything identical is marked "Already logged" and skipped, and transfers between your own accounts are spotted and skipped by default, so your balance stays accurate.

Yes. Every import is listed at the bottom of the Import page with an Undo button. One tap removes all the transactions that import added and puts your balance, budgets, goals and reports back where they were. If you have edited any of the imported rows since, those are kept so your correction is not silently thrown away, and we tell you how many were kept.

Yes. On the Transactions page turn on the "From statement" filter to see only rows that came from a statement, then use "Select to delete" to remove just the ones you want. To undo an entire import in one step, use Undo on the Import page instead.

No. Your statement is read in your browser and the file is never uploaded. Only the rows you approve are sent, and we store those as normal transactions plus a count-only note of the import (how many rows, which dates) so you can see what happened later. We never ask for your bank login and cannot reach your account.

Go to the Goals page and create a savings goal. Set the target amount and deadline, and SikaNomics calculates the monthly target you need to stay on track. Contributions update your progress in real time.

On the Goals page, choose the debt-payoff goal type, enter your current balance and target payoff date, and SikaNomics works out your monthly payment target to help you become debt-free.

Budgets let you set monthly spending limits per category. As you log expenses, SikaNomics shows how much you have left in each budget, warns you before you overspend, and gives you a health score for how well you are sticking to your limits.

Use the Debts & IOUs page. Add a new debt, choose the direction (you lent money out or you borrowed it), the amount and currency, then record every movement on its details page — repayments, extra money lent/borrowed, interest, and write-offs. The outstanding balance updates automatically and the debt is marked settled when it reaches zero.

No. Following accounting principles, principal you lend or borrow is a balance that comes back or gets paid off — it is never income or an expense. SikaNomics keeps these balances separate so they do not distort your income statement. Interest you earn or pay, and write-offs or forgiven debts, ARE income or expense — SikaNomics logs them automatically to your income statement under Interest Earned, Interest Paid, Bad Debt and Debt Forgiven.

The Insights page breaks down your spending by category, shows daily cash-flow charts, tracks your savings rate over time, and highlights your top spending categories. It also includes smart insights such as unusual spending alerts, recurring-charge detection, your best and worst spending days, and progress nudges toward your goals.

SikaNomics calculates a Money Health score from 0 to 100 based on your savings rate, recurring charges, budget adherence, income stability, and spending consistency. You will see a grade and a clear trend (improving or declining) so you can tell at a glance how your finances are doing.

Yes. The Insights page projects your cash flow over the coming months based on your recurring transactions and typical spending, shows your expected savings rate, and flags recurring charges that appear to have stopped so you can decide whether to cancel them.

Yes. Insights support configurable date ranges, so you can view daily, monthly, or custom periods and compare how your finances evolve.

SikaNomics detects correlations between spending categories (for example, eating out rising together with transport costs) and points them out on the Insights page so you can spot linked habits you might not have noticed.

Open the Reports page and choose a time range (this month, last month, last 3 or 6 months, this year, all time, or a custom range). Pick the sections you want included, set a display currency, and the report is built instantly from your transactions, budgets, goals, and recurring rules.

Reports can include a financial summary (income, expenses, net, savings rate), spending by category, a full transaction list, budgets and how you performed against them, goal progress, active recurring transactions, and smart insights like your Money Health score, top merchants, and spending patterns. You can toggle each section on or off.

Yes. Once your report is ready, use the "Save as PDF" button on the Reports page. It prints a clean, print-friendly version you can save, share, or archive.

Yes. Select "Custom range" on the Reports page and set your own start and end dates, so you can pull reports for any period you like, such as a specific month or the whole year.

Yes. Each report lets you set a display currency. Transactions stored in other currencies are converted to your chosen currency using current exchange rates before they appear in the report.

Yes. SikaNomics supports 150+ currencies. Set a preferred currency, and amounts are stored and displayed consistently across your account.

Open your profile, choose your preferred currency from the list, and save. Your dashboards, transactions, and goal amounts will update to the new currency.

SikaNomics uses live exchange rates to convert between currencies, so cross-currency amounts reflect current market values. You can also visit the Exchange Rates page to see live rates for major currencies at a glance.

Yes. Your data is protected with industry-standard encryption at rest and in transit. Sign-in supports email/password and Google, and your credentials are handled by secure authentication providers.

No. SikaNomics never asks for your bank login and cannot move money on your behalf — you record what happens yourself. That means your banking credentials are never shared with us, and you stay in control of every entry in your ledger.

It is read in your browser and discarded. We never receive the file, your account number, or your balances. If you import by pasting text, that text stays on your device too. The only thing stored is the transactions you approved plus a count-only record of the import — how many rows, which dates, and whether you have undone it. That record contains no statement content and no balances, appears in your data export, and is deleted with your account.

Click the sign-out button in the navbar or mobile menu. You will be returned to the login page and can sign back in whenever you like.

SikaNomics can send you budget alerts when you are close to a limit, goal updates and milestones, reminders when recurring payments are processed, large-transaction alerts, a monthly summary, daily reminders, and exchange-rate updates — by email. Manage everything from the Notifications page.

Yes. From your profile you can permanently delete your account. This removes your account and the data associated with it from SikaNomics.

You can request deletion or export of your data at any time. See our Privacy Policy for details on data handling and your rights.

The Learn page contains articles written by the SikaNomics team covering budgeting, saving, paying off debt, and improving your financial health. It is a free resource for every user, whether you are just getting started or want to sharpen your money habits.

Browse the Documentation for step-by-step guides to every feature, review this FAQ, or email our support team at mikesoftstudio@gmail.com. Inside the app, the floating help button opens our Help & Support panel for quick feedback and bug reports.

Everything. Transaction tracking, bank statement import, categories, multi-currency support, goals, budgets, insights, recurring transactions, notifications, and the Learn articles are all included at no cost.

There are currently no paid plans. If pricing ever changes, we will communicate it clearly before any feature becomes paid.