Onboarding

Complete these five steps to build a working budget baseline. The process takes about 15 minutes.

Step 1: Choose Your Currency

Allowealth supports primary and secondary currencies for multi-currency households.

1. Navigate to the onboarding wizard (opens automatically on first login)
2. Select your primary currency from the dropdown
3. Optionally add a secondary currency if you maintain accounts in multiple currencies
4. Click Continue

Note: You cannot change currencies after creating accounts or transactions. Choose carefully.

Step 2: Add Your Accounts

Add accounts where your money lives. Include checking, savings, investments, credit cards, and loans.

Add Accounts One by One

1. Click Add Account
2. Enter the account name (for example, “Chase Checking”)
3. Select the account type:
   • Liquid: Cash, checking accounts, e-wallets
   • Non-liquid: Savings, investments, bonds, stocks
   • Debt: Credit cards, loans
4. Enter the current balance
5. Select the currency
6. Click Save

Add Multiple Accounts (Bulk)

1. Click Bulk Add at the bottom of the accounts list
2. Enter each account on a separate row
3. Fill in name, type, currency, and balance
4. Click Create Accounts

Recommended minimum: Add at least one checking account and one savings account.

Step 3: Enter Monthly Income

Record your expected monthly income by currency.

1. Enter your monthly income amount in the primary currency field
2. If you have income in a secondary currency, enter that amount separately
3. Click Continue

This income figure helps calculate budget allocations in the next step.

Step 4: Allocate Your Budget

Distribute your income across spending categories.

1. Review the default expense categories
2. Enter a monthly budget amount for each category you plan to use
3. The allocation bar shows what percentage of income you have allocated
4. Click Continue when finished

Tips:

• Start with major categories: groceries, rent, utilities, transportation
• Leave some income unallocated for unexpected expenses
• You can adjust these amounts later in the Budget section

Step 5: Record Your First Expense

Add a real transaction to activate your budget tracking.

1. Select a category for the expense
2. Choose the account you paid from
3. Enter the amount
4. Add a description (for example, “Grocery shopping”)
5. Select the date
6. Click Save Expense

Congratulations. You have completed onboarding. Allowealth redirects you to the Dashboard where you can view your financial snapshot.

Post-Onboarding Checklist

After completing the wizard, verify these items:

• Dashboard displays correct account totals
• Budget shows your allocated categories
• Your first expense appears in Recent Transactions
• Reports show data for the current month

Next Steps

• Add more transactions from the past week to build historical data
• Set up recurring transactions for bills and subscriptions
• Invite family members from Settings → Members
• Review the Daily Workflow guide for maintenance routines

Troubleshooting

Cannot Change Currency

Currency locks after creating your first account. Contact your workspace administrator if you need to reset the workspace.

Missing Categories

Default categories appear in Step 4. You can add custom categories later in the Budget or Transactions sections.

Income Shows Wrong Currency

Income entries match your workspace currencies. Update workspace currencies in Settings if needed (only available before adding accounts).