The Finance Hub is a sub-section of Life Admin, built specifically for the financial realities of single and co-parents — emergency fund, savings goals, debt repayments, and the constant question of "who owes who what" with the other parent.
Where to find it Open Bloom → **Life Admin** → **Finance**.
What it tracks
Emergency fund Set a target (one month, three months, six months of expenses), log your current balance, and watch progress against the goal. Most single-parent budgets fall apart on a single unexpected bill — the emergency fund is the antidote.
Savings goals Multiple goals at once — school camp, car replacement, a holiday, the deposit. Each goal has a target, a deadline and a current balance, and Bloom tells you how much per week/fortnight/month you'd need to put in to hit it.
Debt repayments Credit cards, personal loans, Buy Now Pay Later, ATO debts, anything outstanding. Log balances and minimum payments; Bloom shows the total owed, total minimums per month, and your payoff trajectory.
Shared co-parenting expenses Log every shared expense — school fees, medical gaps, activities, uniforms — with: - Date and amount - Category - Which child - Who paid - Agreed split (50/50, by income %, or custom)
Bloom automatically % totals what each parent owes and tracks a running balance, so at any moment you can see "the other parent owes me $342" or "I owe them $87" without doing maths.
Instant budget view Toggle between **week / fortnight / month / year** views in one tap. Same data, four lenses — Centrelink pays fortnightly, rent is monthly, school fees are termly, and your brain just wants one answer: "am I okay?"
Why this matters
- Single-parent finances are tight and lumpy. Income arrives on fortnight cycles, costs arrive on different cycles, and the mismatch is where most stress lives. Multiple time-frame views surface the problem before it becomes a crisis.
- Shared expenses are the #1 source of co-parenting conflict. A neutral, time-stamped record with automatic splits removes the arguing and gives you evidence if you ever need a Change of Assessment.
- Debt visibility. Most people underestimate their total debt because it lives in five different apps. One number focuses the mind.
How to set it up
1. Open Life Admin → Finance. 2. Add your current emergency fund balance and a target. 3. Create any savings goals (target, deadline, current balance). 4. Add each debt (balance, minimum repayment, interest rate optional). 5. Start logging shared expenses as they happen — receipts can be photographed in seconds.
The hub then runs itself. Open it whenever you want a calm, complete picture of your money.
A note on this page
Features described here reflect current Bloom app functionality. Specifics, naming and layout may evolve as the app improves — always check the app itself for the most up-to-date experience.