diff --git a/README.md b/README.md
index 7e75a4b..4418df8 100644
--- a/README.md
+++ b/README.md
@@ -1,18 +1,25 @@
 # Personal Finance Budget (pfbudget)
 
-parsing -> categorize -> analyze (predict)
+parse -> categorize -> analyze (predict) -> present
 
-## Parsing
+## Parse
 Parses bank extracts, based on parsers.yaml, to a SQLite database.
 
 ## Categorize
-Categorizes transactions based on categories.py filters.
+Categorizes transactions based on categories.yaml configuration.
 
-## Analyze
+## Analyze (ToDo)
 Analyzes previous transaction and predicts future expenses.
 
 ## Present
-Create graphs
+Create graphs and reports
 1. Monthly spending from everyday purchases
-2. Networth with big expenses tagged in
-3. Future trajectory with predictable costs included
+2. Networth with big expenses tagged in (ToDo)
+3. Future trajectory with predictable costs included (ToDo)
+
+## ToDo
+- [ ] Predicting future expenses
+- [ ] Finish writing the README.md
+- [ ] Implement undo/redo feature in sqlite3 database
+- [ ] Allow for the possibility to create a new parser during runtime by guessing from transaction list/user input
+- [ ] Allow for transaction to be passed as argument to main.py