Balance Accounts & Transfers

I'd love to see support for multiple balance accounts. This is one feature that would likely convince me to continue using Waypoint long-term and upgrade to a paid plan.

Balance Accounts

I'd like to be able to create balance accounts (or "buckets") such as:

• Cash

• Cash App

• Chase Checking

• SoFi Savings

Each account would have its own balance, and I could manually add or remove money from it.

When recording a transaction, I could simply choose which account the money is coming from or going to, and the balance would update automatically.

Account Types

When creating an account, it would be helpful to choose an account type, such as:

• Checking

• Savings

• Investment

• Cash

This would open the door to additional features. For example, if I have a Savings account, I could create a transaction and automatically send a percentage (such as 10%) into that savings account. A dedicated Transfer transaction type would also be useful for moving money between accounts.

Bank Connections

I know this adds complexity with bank syncing, but one possible approach would be allowing a balance account to optionally link to a connected bank account (for example, Chase or SoFi). If linked, the account's balance and transactions could sync automatically. If not linked, it would simply function as a manual account.

Home Screen

It would also be great to display a Total Balance on the home screen that adds together the balances of selected accounts.

To make this flexible, each account could have a toggle such as "Include in Total Balance." That way users could exclude accounts they don't want counted, such as investment accounts or certain savings goals.

One Thought

I realize this overlaps somewhat with the current Allocations feature. Personally, I think balance accounts would be more intuitive and provide a stronger foundation for future features. If the two concepts overlap too much, I'd even consider replacing Allocations with this system, though that's ultimately up to your vision for the app.

Thanks for taking the time to read this! I'd love to hear your thoughts, and I'm happy to answer any questions or provide more details if it would help.