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 three sources. The accounts you already have in iowii come in automatically, with the balance they held at the end of each month. The debts you manage in the Debt Payoff Planner also come in automatically, by the amount owed that 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

   Debts from the Debt Payoff Planner

   Any debt you manage in the Debt Payoff Planner — a personal loan, mortgage, auto loan, or a credit card not tracked as an account — automatically adds to your liabilities, by the balance it held at the end of each month.

   Tip · If you track the same credit card both as an account and as a debt, the amount may count twice. Pick only one of the two for the same card.

4. 4

   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.

5. 5

   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.

6. 6

   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.

7. 7

   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.

8. 8

   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.

9. 9

   Use net worth on mobile

   On mobile, the page has its own layout: current net worth sits in the coloured header, with the monthly change below it. Then come Monthly Change and Liquid Ratio side by side, the new-entry button, and the history list — without the chart, which does not fit legibly on a narrow screen. The month-by-month list itself carries the trend instead.

   Tip · New entry and settings — including the Liquid Only button, which moved here on September 2nd — open in panels that slide up from the bottom of the screen.