NET WORTH MONITORING
The app is great but it could be more beneficial if it has a net worth monitoring - meaning other assets aside from cash as well as liabilities can be inputed and monitored using this app. So that as user, I can track the overall movement of my investments, properties, liabilities to other parties and of course, net worth.
If this can be done, please consider displaying this in a financial statement format so we can have a better analysis of what we have.
Isabella Alves commented
Honestly the only thing that is missing for me in this app is the Budget function for Web and Net Worth, where it shows assets vs liabilities and your Net worth.
I still have to keep a spreadsheet with that information and it gets tiring overtime to use 2 apps. I'm trying to find other options but I love Wallet... it's appearance, price, functionalities.
Anyways, I hope they can add Net Worth soon. It's going to help a lot of people.
The ask is what I assume:
1. The current balance and projected future balance (forecast)
2. The manual accounts at least for Fixed deposit, Investment, Loan etc. with interest rate percentage which will give you projected future net worth.
3. The target net worth for a timeline and percentage acheived currently would be worth to add.
It already does it. The Balance widget on the dashboard shows you the value of all your selected accounts.
Jared Dyck commented
Is this different from the "Balance" section?
Lim Siang Ying commented
Yep....this is too important to ignored. Cant believe since the first post 1 year ago this is still not included
[Deleted User] commented
That's indeed a missing feature.
Calvin Christian commented
Please add this budget bakers! I have been doing it manually by exporting data from budgetbakers all this while. A must have feature for a great wallet!
Orett O'Reggio commented
I was surprised this doesn't have that feature. Net worth is all life is about... its what we all work to improve whether we realize it or not. I need to know what I'm worth so i can set goals each year to find more financial freedom.
Ricky Gani commented
This should be in the app from the first place!!! Nice Idea
Any basic financial app needs networth monitoring and networth projection like what will be my networth after 5/10/20 years. Please add this functionality ASAP.
Chinthaka Kularathna commented
Great function which should be available in wallet app. Awaiting for better development
Gary Brown commented
Absolutely necessary - what is the point of managing our finances if not ultimately to increase net worth?? But what makes the current situation worse is that Wallet shows our loan accounts (liability) without displaying the corresponding assets, such as house, car, etc.
Jeffry Manhulad commented
Please add this Budgetbakers 😊 I've been waiting for this for so long.
Any update of the timeline of this feature availabiity ?
Please add investment accounts in Wallet.
Networtth information should be in a separate tab/section. Please bring this info to this app.!!!
Nice option to have in this app. We can add investment and loan account in Wallet but it should allow to connect investment account through bank connect. If you are using any aggregator API like yodlee then those accounts (mutual fund/Equity) are already onboarded there.
This would be a great feature to track your net worth historically and project the future net worth.
This app can include mutual fund/equity (asset) and loan (liabilities) account using manual & auto connect for networth calculation.