Debts
Track money you owe or are owed, and record payments as they happen.
Debts in Simplony track informal IOUs — money a friend owes you for dinner, rent you owe a roommate, or a loan from family. It's not for mortgages or credit cards (those are better tracked as regular expenses).
Two directions
I owe — you borrowed money from someone. The balance decreases as you pay them back.
They owe — someone borrowed from you. The balance decreases as they pay you back.
Creating a debt
- Go to the Debts page and tap Add debt.
- Enter who (the counterparty name), how much, and the direction.
Or tell the AI: "I owe Sarah 500 for rent" or "Jake owes me 30 for lunch".
Recording payments
When money changes hands toward a debt:
- Open the debt and tap Record payment.
- Enter the amount paid.
The remaining balance updates instantly. When it reaches zero the debt is settled.
Why track debts?
It's awkward to forget who owes what. Simplony keeps a clear record so you can settle up confidently — no guessing, no awkward conversations.