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Net worth tracker: everything you own minus what you owe

Monnex calculates your net worth, called Wealth in the app, as assets minus debts: accounts and cash, savings, property, business, investments, crypto, money owed to you and your loans. The figure keeps its composition and history, so you can see what changed it. Money for everyday spending is shown separately as “Available now”.

Updated

Composition

What counts as an asset and what counts as a debt

Assets are everything that has a value for you: card and cash balances, savings and deposits, property, a business share, investments and crypto, and money other people owe you. Debts are loans, a mortgage, credit cards and personal debts. Monnex subtracts every debt once.

  • Accounts update with every operation; property and other assets keep the value you set and its date.
  • Crypto uses the day’s price on Free, updated once a day, and live prices on Premium.
  • You decide whether a holding counts in the total.
Monnex Wealth screen: assets minus debts with a breakdown by savings, investments, property and debts

Two numbers

Wealth and “Available now” are different numbers

“Available now” answers the everyday question — how much money can I use today — and includes cards and cash. Wealth answers the long-term one — what am I worth — and includes everything, minus debts.

Keeping them apart means a flat or a deposit never makes the monthly budget look bigger than it is, and a card payment never looks like a loss of wealth.

Facts

Wealth in brief

  • Wealth (net worth) is assets minus debts: accounts and cash, savings, property, business, investments, crypto, debts you owe and money owed to you, with its composition and history.
  • Crypto prices: the day’s price, updated once a day, on Free; live prices on Premium.
  • 21 currencies (AED, AUD, BGN, CAD, CHF, CNY, CZK, DKK, EUR, GBP, GEL, JPY, KZT, MDL, NOK, PLN, RON, SEK, TRY, UAH, USD); every account keeps its own currency; totals use dated National Bank of Ukraine (NBU) rates, and you can set a manual rate.
  • Premium now: “Why my wealth changed” and “Forecast”, live crypto prices and every further statement import.

Questions

Questions about net worth

What is net worth?

Everything you own minus everything you owe. In Monnex it is called Wealth and is calculated from your accounts, assets and debts.

Should my flat count in net worth?

It is your choice. Property is added at the value you set, with its date, and you can update that value whenever you want.

Which rate is used for assets in other currencies?

Dated National Bank of Ukraine rates. Each account and asset keeps its own currency.

Is the wealth view free?

Yes. The figure, its composition and history are part of Free. “Why my wealth changed” and “Forecast” are part of Premium.

Related

Related pages

See your whole wealth in one figure

Add your accounts, then property and debts — the picture builds up as you go.

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