One receipt from Costco. One Amazon order. One gas station stop. Three purchases that each span multiple spending categories. If you're logging the full amount under one category, your financial data is hiding your real numbers. This post teaches you how to split transactions correctly using real-world examples, explains why it matters for taxes and reports, and shows how the right system makes splitting effortless.

If you've been logging your credit card payment as an expense, you've been double-counting every dollar you spend on that card. The expense happens when you swipe. The payment just settles the balance. This post explains the difference, shows exactly how double-counting distorts your financial picture with a real-life example, and walks you through fixing it in your tracking system so your reports reflect reality.