Koody is a shared budget app designed for real-life relationships and real-life households. You can budget together in one place while keeping personal accounts and private spending separate.

The idea is simple. You create a budget, invite the people who should be part of it, and Koody immediately gives everyone a shared view of the budget experience.

Inside a shared budget, collaborators can access:

  • The budget's shared bank transactions.
  • Charts and visual breakdowns for that budget's activity.
  • Summaries and insights tied to the shared budget scope.
  • Past, current, and upcoming transactions that belong to the budget.

This is a powerful way to manage shared finances without merging everything in real life. No bank logins are shared, ever.

Who Shared Budgets Are For

Shared budgets in Koody are for anyone who needs one clear view of shared spending.

The most common use cases include:

  • Couples who want to track shared expenses while keeping separate accounts.
  • Families who need one household budget that everyone can understand.
  • Roommates splitting rent, utilities, groceries, and day-to-day costs.
  • Households that want transparency without financial awkwardness.

Most people only need one main shared budget per period. You can always create additional shared budgets for special cases like holidays, trips, moving, or big savings goals.

Step 1: Create The Budget You Want To Share

You can only share a budget that already exists, so start by creating your budget as usual.

The quick path looks like this:

  1. Go to the Budgets tab.
  2. Click New.
  3. Enter your budget name and dates.
  4. Select the bank accounts you want this budget to include.
  5. Choose categories you want in this budget.
  6. Add spending limits for your own planning.
  7. Add notes if you want.
  8. Click Save.

Once the budget is created, you can open it and share it right away.

Step 2: Invite Someone To Your Budget

Sharing is built directly into the budget view.

To invite a collaborator:

  1. Go to Budgets.
  2. Open the budget you want to share.
  3. Click Manage.
  4. Click Invite Users.
  5. Enter the person's email address.
  6. Choose a permission level.
  7. Confirm the invite.

The budget is shared immediately. Your collaborator will now see this shared budget in their Koody account.

Step 3: Choose View Or View & Edit

Koody gives you simple, clear roles so you can control how collaborative the experience should be.

You can choose:

  • View for people who should be able to see the shared budget but not change anything.
  • View & Edit for people who actively manage shared spending with you.

This is especially useful for families and roommate situations where one person might lead the budget while others simply need visibility.

Step 4: What Your Collaborator Can See

After you invite someone, they gain access to the shared budget transactions and the full budget experience for that scope.

That includes:

  • Shared bank transactions that belong to the budget.
  • Charts, summaries, and insights for the shared budget.
  • Balance and activity views tied to the budget's included accounts.
  • Past, current, and upcoming transactions inside the budget.

The budget will look familiar to them because it looks like a full Koody budget view, just scoped to the shared budget data.

One important detail: collaborators do not receive your personal planning layer. You can share the budget's shared activity and results without exposing your private decision-making around limits.

Step 5: Budget Together With Separate Accounts

The biggest reason people love Koody's shared budgets is that it supports real financial boundaries.

You can:

  • Maintain private banks and accounts outside the shared budget.
  • Continue recording private transactions normally.
  • Share only the budget you intend to share.
  • Trust that collaborators only see what they are supposed to see.

This makes Koody a strong fit for couples who want a joint budget app experience without needing a joint bank account.

It is also perfect for roommates and families who want a shared dashboard of real spending without turning the app into an all-access view of everyone's personal money.

Step 6: How To Revoke Access

If the situation changes, you can remove access cleanly and instantly.

To revoke a collaborator:

  1. Go to Budgets.
  2. Open the shared budget.
  3. Click Manage.
  4. Click Manage Invited Users.
  5. Select the collaborator.
  6. Click Revoke.

This removes the collaborator from all budget transactions, including transactions they created while they were part of the collaboration.

FAQs: Shared Budgets In Koody

1. Can We Use Koody As A Shared Budget App Without Sharing Logins?

Yes. Koody shared budgets are designed so you never have to share bank logins or personal credentials with anyone. You invite people into a budget inside the app and control access with permissions.

2. What Is The Fastest Way To Share A Budget In Koody?

Create your budget, open it, then go to Manage → Invite Users. Enter an email address, choose View or View & Edit, and the budget is shared immediately.

3. Will My Partner Or Roommate See My Private Accounts?

No. Collaborators only see the shared budget scope. Your private banks, accounts, and transactions remain private outside the shared budget.

4. Can We Track Shared Expenses In Real Time?

Yes. As shared budget transactions appear in the budget, all collaborators can see the updated picture of shared spending in one place.

5. What Happens After I Revoke Someone?

They lose access to all budget transactions tied to that collaboration, including transactions they created while they had access.

Ready to set up your first shared budget? Create an account and invite your household in minutes.