Understanding your finances
Commitments and upcoming payments
Track subscriptions, debts, monthly payments and planned expenses.
What is this?
Commitments combine recurring payments and debts that affect your future budget.
What do you see?
You see active subscriptions, debt balances, monthly payments and upcoming one-off expenses.
How do I add a loan and record repayments?
Choose Add commitment → Loan. Enter a name, original amount, current balance and its effective date, annual interest rate and monthly payment. Add separate monthly insurance and remaining instalments where applicable. Under Payments link a transaction after the balance date and confirm only its principal component from the bank breakdown. The full payment may also include interest, which does not reduce principal. Unlinking reverses the balance deduction without deleting the transaction. Update the remaining instalment count manually and mark a completed loan as cleared.
How do I manage subscriptions?
Choose Add commitment → Subscriptions, enter a name and monthly amount in EUR, and save the active subscription. Edit the amount when its price changes. Deactivate a discontinued service; Show inactive displays these records again. This changes planned monthly commitments but does not cancel the provider’s service or create or delete bank payments.
How do I add a one-off future expense?
Choose Add commitment → Upcoming expense and enter a name, amount, exact date or descriptive due date. An exact date allows inclusion in the next-30-days calculation; a text-only due date does not identify a specific day. After payment, update or remove the planned entry and check the actual transaction. Planning alone does not record completed spending.
How are the next 30 days estimated?
The total can also include expected recurring payments recognized across three consecutive months. Dates and amounts are estimates from history, not provider confirmations. A dated manual expense with a matching name and nearby date takes precedence over the forecast. Matching inactive subscriptions and cleared debts are excluded; overdue payments are not added to the upcoming 30 days. Review the total after a new import or commitment change.
What can you do?
On Commitments, click Add commitment and select Car lease. Enter vehicle price, term in months, instalment, contract APR, current principal and remaining payments. Down and additional final payments contribute to the total cost. Extra cost is calculated automatically or entered as the contract total including other fees. Separate monthly insurance contributes only to monthly commitments. Set the date of the recorded balance. Under Payments, link a later transaction and confirm its principal component from the bank breakdown or repayment schedule. Interest does not reduce principal. Update remaining instalments manually; mark completed contracts as cleared.
Where is the lease included?
Principal reduces net worth; monthly payments contribute to debt burden and AI Insights. The plan reserves payments not covered by average recorded debt payments, an estimate without individual contract matching. A dated final payment is included in upcoming expenses; do not add it again. Bank transactions determine recorded spending. The vehicle price is not automatically added as an asset.
What does the result mean?
Debt burden is monthly debt payments relative to average reported income. A value above 35% is shown as an important signal.
Finance Ledger presents insights based on entered data and does not provide investment, credit or tax advice.