Net worth

Everything you own, minus everything you owe.

One number: your assets less your liabilities, over time.

Where the data comes from

The module needs no separate data entry. It works from what is already there:

• account balances from the Accounts module,
• valuations of things worth money (a flat, a car, equipment),
• outstanding loan amounts,
• debt balances.

Valuations carry history

A valuable thing has a history of valuations, not one value. A flat bought for 500,000 and worth 620,000 today is two different numbers, and both are true at their own moment.

The chart

The chart shows the change over time. A single number says little — it is the direction and the pace that give you something to act on.

Valuables

You add a thing with a category (property, vehicle, jewellery, electronics, collectible, investment, other) and the date you acquired it. "Revalue" adds a new value for a chosen date; earlier valuations stay in the history.

Something you sold gets a disposal date. From that day it no longer counts towards your net worth, but its valuation history stays, so the past of the chart does not change.

How often to revalue

A car loses value quickly, a flat changes slowly. Once a year is enough, or after a notable event — a similar flat nearby selling, or damage. More frequent valuations do not give a more accurate picture, just more noise.

Assets and liabilities

The summary splits your net worth into cash in accounts, valuables, card debt and loans. The chart is worked out from balance readings, valuations and loan schedules.