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 - the single most comprehensive gauge of how you are doing financially.
Spend only minutes each month to enter your net worth. There is no need to go over hundreds of transaction per account every month.
You can use iCloud to synchronize your net worth data between your Apple devices (Macs and iPads - see NetWorth Tracker for iPad).
When iCloud is disabled, an independent local store will be loaded. The user will not see their iCloud data. When iCloud is enabled, the iCloud store will be loaded.
The choice of whether iCloud is enabled or not is a device-specific one: enabling iCloud on one device does not cause all devices to suddenly switch over to iCloud.
When you switch from one type of a storage to another, you can choose to migrate your data as well.
Migrating your data will delete existing data on your destination storage and replace it with data on the source storage!
Log one net worth record every month. You only need to enter total value of all your assets and total value of all your liabilities.
Current net worth view displays your latest data in a numeric form and as a pie chart.
This area also displays last four years of your net worth.
A history chart will display either your net worth or assets and liabilities.
Enable password protection of your app.
If you turn this option on and set a password, you will be able to get into the app only after entering the correct password.
If you don't type it correctly, a hint will help you remember it.