Budget and Transaction Categories. To help you budget and keep track of your spending, you can categorize transactions in your Spruce Spending Account, track your transactions by category, add a category to a “Watchlist”, and set category-specific spending and income targets, referred to as “Spending Levels” and “Income Goals,” respectively (“Budget and Transaction Categories”). Budget and Transaction Categories is provided solely for your informational and educational purposes. While we may attempt to automatically categorize transactions, you understand and agree that you are solely responsible for accurately categorizing the transactions in your Spruce Spending Account. You also agree that we are not responsible for any categorization errors that occur within the Budget and Transaction Categories service.
We will not take any action with respect to your Spruce Accounts related to your use of Budgets and Transaction Categories. For example, we will not restrict or otherwise limit transactions in your Spruce Spending Account to adhere to a particular Spending Level you set. You agree that you are solely responsible for ensuring that the transactions in your Spruce Accounts comply with your desired spending and income targets, including any Spending Levels or Income Goals you set.