Net worth tracking - make it your financial health checkup.
Track your total monthly net worth, assets and liabilities.
Are you tired of using money management software that requires you to track all of your transactions? Did you ever get tired of that and give up using them altogether?
Did you realize that entering information into these programs, appropriately categorizing all of your spending isn't a good use of your time? It is just a lot of work to get a picture of your month-to-month money flow.
Are your finances on track? Tracking your net worth is like giving yourself a grade every month and helps keep your spending/savings for the month accountable.
Calculating net worth is essentially synthesizing all aspects of your personal finances into a single number.
To calculate your net worth, take every asset you can possibly think of and subtract all the various sources of debt, and there it is - a single most comprehensive gauge of how you are doing financially. (The app doesn't connect with financial institutions - you have to add your assets and liabilities yourself)
- Tracks your total monthly assets/liabilities
- Set your net worth goal
- Synchronize with other devices (iPads, Macs) through iCloud.
- Export/import (backup/restore) through Dropbox
Exported file can be imported to Microsoft's Excel or Apple's iWork.
- Pin code protection (optional)
- Simple data entry - no accounts and categories
For a Mac version, see http://theblueplum.com/mac/networth