Track your net worth

See your net worth month by month — what you own minus what you owe — combining your account balances with what you record by hand, like a house or a car loan.

1. 1

   Understand where the numbers come from

   Net worth pulls from two sources. The accounts you already have in iowii come in automatically, with the balance they held at the end of each month. Everything else — a house, a car, a loan outside the app — you record by hand.

   Tip · You do not need to record anything to start: if you already have accounts with transactions, the history appears on its own.

2. 2

   How accounts are classified

   Each account counts as an asset or a liability according to the type you gave it:

   • Checking, cash, and investment add to your assets.
   • Credit card adds to your liabilities, by the amount owed.
   • Other decides by balance: positive counts as an asset, negative as a liability.

   Tip · If an account should not count toward net worth, open settings and switch it off. It keeps working everywhere else in the app.

3. 3

   Record what lives outside the app

   Under New entry you pick the date and record your own asset and liability: name and value. This is where the house, the car, a loan from a relative, or an account at another bank you do not track here all go. There is a single entry date — it applies to everything you record in it.

   Tip · Each entry takes one custom asset and one custom liability, and the value is required. An entry carries forward into later months until you create another — you do not need to re-enter the house every month, only when its value changes.

4. 4

   Edit a month that inherits values

   If you open a month with no entry of its own, the fields come pre-filled from the earlier month and a note says so. Saving creates a new entry for that month — it does not change the original.

   Tip · Months with an entry of their own carry a Manual badge in the list. Only those can be deleted; the rest are calculated from your accounts.

5. 5

   Read the three figures

   Three figures at the top sum things up: your Current net worth, the Monthly Change against last month in both amount and percentage, and the Liquid Ratio — how much of what you own is money you can reach quickly.

6. 6

   See only what is liquid

   The Liquid Only button switches every figure on the page — the summary, the chart, and the history — to count only what you can move quickly. Checking, cash, and investment accounts always count; of your manual entries, only those you marked as liquid do.

   Tip · It is the difference between *what I am worth* and *what I can reach this month*. A house counts in the first, not the second.

7. 7

   Follow the trend

   The chart plots assets, liabilities, and net worth over time, and the list below repeats it month by month, newest first, with each month's assets and liabilities. That is where you see whether the gap between the two lines is widening.