Tracking your net worth
Your net worth is a key indicator of your overall financial health. Finthy helps you track your net worth over time by combining your account balances with the items in your financial inventory.
What is net worth?
Net worth is calculated as:
Net Worth = Total Assets - Total Liabilities
Assets: your account balances (cash, savings, investments) plus the items you add to your financial inventory
Liabilities: credit cards, loans, mortgages, and other debts
What counts as assets
Finthy adds up assets from two sources:
Account balances: cash, checking, savings, and investment accounts, whether they sync automatically or you add them manually.
Financial inventory items you record yourself: real estate, vehicles, stocks and funds, cryptocurrency, precious metals, collectibles, business equity, life insurance, money owed to you, and other assets.
For holdings that change in value, Finthy can keep things current: cryptocurrency positions support automatic price updates (available on paid plans). When you share an asset, record an ownership percentage and an ownership type (full ownership, co-ownership, usufruct, or bare ownership) so only your share counts toward your net worth.
Note: real estate is now tracked as a financial inventory item, not as a bank account.
Viewing your net worth
Access from the Dashboard or dedicated Net Worth page
See your current net worth at a glance
View historical changes over time
Improving your net worth
Track your progress over time and watch your net worth grow as you pay down debt and increase savings.