Track your wealth
Consolidate your assets and liabilities, beyond your bank accounts, to track your net worth and its trajectory.
Wealth brings together in one place everything you own and everything you owe, to reveal your net worth, that is, the difference between your assets and your liabilities. Where the dashboard tracks your money day to day, Wealth takes a step back and shows you your overall situation over time.
Wealth is part of the Ultra plan. You can check your current plan and upgrade to Ultra from the Subscription screen in the app.
Assets and liabilities: the basics
Your wealth is made up of two families. Assets are what you own that has value. Liabilities are what you owe. Noryo subtracts the latter from the former to calculate your net worth, which can be positive or negative depending on your situation.
The vocabulary of wealth
- Asset
- A possession you own: a home, investments, savings, a vehicle.
- Liability
- An amount you owe: a mortgage, a loan, an outstanding debt.
- Net worth
- The total of your assets minus the total of your liabilities. It is the central indicator of this area.
- Appreciation
- The estimated change in value of an asset over a year, which you enter per asset.
The types of assets
You organise your assets by main family, which makes them clearer to read and feeds your diversification.
- Real estate: main home, rental property, land
- Investments: holdings, securities, shares
- Savings: savings accounts, available reserves
- Other valuable possessions you want to track
Entering and keeping up to date
For each asset, you enter its value and, if you wish, an estimated annual appreciation used to project how it evolves. Keep these values up to date now and then (a new valuation, an investment statement) so that your net worth stays true to reality.
Your connected bank accounts already feed your financial view. Wealth comes in addition for possessions that are not simple balances: a home, an investment, a loan.
Reading your wealth over time
Beyond today's amount, Noryo retraces how your net worth has evolved and offers a projection over time, based on the estimated appreciation you entered. You can therefore see a trajectory, useful to place your decisions over the long term.
List your assets
Add your possessions by family and enter their current value.
Add your liabilities
Enter your outstanding loans and debts.
Read your net worth
Noryo calculates the difference and tracks it over time.
Project the trajectory
The estimated appreciation draws a possible evolution.
Wealth projections rest on the assumptions you provide. They are estimates meant to inform your thinking, in no way investment advice.
On your devices
Your wealth follows you everywhere: on the web from the sidebar, on iPhone and iPad, and even on your wrist since Wealth is among the information available on Apple Watch for a quick glance.
Frequently asked questions
Are my values automatic?
Bank balances are synced, but the value of a possession like a home is entered and updated by hand.
Can net worth be negative?
Yes, if your liabilities exceed your assets. This is a common situation, for example at the start of a mortgage.
Go further with the ranges and the stress scenarios.