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How do you delete categories?

i watched your video tutorial on how to add my own expense categories, but is it possible to edit them out ? as in if i create one on accident or decide i no longer want the one i created, can i delete it ? what if there are preset categories, ones you have created, that are not relevant to me and my businesses needs, can i delete, or 'hide' any of those on my account ?

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To delete a category, first navigate to the edit page of the category you wish to delete. At the very bottom of the edit page you will find a small trash icon labeled, "Delete Category". Prior to deleting your unwanted category, all guides and sub-categories within this category must be moved to another category.

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jennifer will be eternally grateful.