14 Best Net Worth Tracker 2024 | Best Net Worth Tracking App
14 Best Net Worth Tracker | Best Net Worth Tracking App. There are plenty of free net worth trackers on the internet. For most of them, you enter the value of your assets and liabilities, and the calculator does the simple math to show you how much you’re worth.
To manage your finances successfully, you have to understand your cash flow. There are several ways one can watch his/her spending, investments, and more. One of those ways is through apps which are a great option as your cell phone is always at your disposal.
There are many money management apps designed to help a user see his/her bank balance, track spending, and analyze spending habits.
Best Net Worth tracking Tools
Here are the best tools you can use to track your net worth:
- Spreadsheet
- Good Budget
- Empower
- Wally
- Spendee
- Digit
- Albert
- PocketSmith
- Betterment.
- Personal Capital.
- YNAB
- Mint.com
- Acorns
- PocketGuard
- Mvelopes
- Dollarbird.
Best Net Worth trackers
These tools help you build your net worth by letting you track your spending, sock away extra cash, and invest wisely.
1. YNAB
YNAB (You Need a Budget) is one of the best budget tools and net worth trackers and will cost a user $6.99 monthly after the first free trial. As is the case with many other net worth trackers, You Need a Budget offers bank syncing and support for mobile devices. You can use the YNAB app in setting financial goals and in making the most of each dollar earned.
2. Spreadsheet
How often do you make use of the spreadsheet? Either the Excel sheet or the one in your Google drive. Here’s one way to utilize a spreadsheet – use it to keep track of your investments and net worth. This will help you to also monitor your asset allocation. The advantage here is that you’ll have the data on your own hard drive. Also, you get to control how you want your investments to be allocated.
3. Personal Capital
Personal Capital is one of the best net worth trackers that helps and lets you track your budget while including information about your investment accounts. With Personal Capital, you can link your investment accounts, bank accounts, credit cards, and your mortgage so that they automatically get updated. All you need to do login and it will immediately update all of your accounts.
4. Mint.com
Mint is the simplest, yet most tried and true of the budget apps and tools. It puts all your balances and transactions in one place. So, if you want to keep a super detailed budget, Mint is a great option as you can create as many budget categories as you want, and you can have your transactions categorized on the go. Mint automatically pulls transactions in from the bank accounts and credit cards of its users and then has them so they’re all in one place.
5. Spendee
Known as one of the best net worth trackers, Spendee is among the few visual apps that sync with a user’s bank account. With this app, you are sure of having your transactions automatically downloaded and categorized. You can also share certain parts of your budget using this app and can assign money to virtual wallets and have yourself kept on track.
6. Digit
Has achieving your savings goal been a hard nut to crack? Then you need to use Digit as it is known for saving money easier than ever. This net worth tracking tool uses a sophisticated algorithm to analyze a user’s spending patterns after it has been connected to a user’s bank account. With Digit, you don’t have to bother about any of the following: saving, budgeting, or transferring money from one account to the other.
7. PocketSmith
PocketSmith is a money management app that we recommend if you are saving for your future. This app will work best for users who are at a stage where they’re paying down debt and/or building their emergency fund. To do this, users are to simply connect up their various bank accounts and have their finances tracked by PocketSmith.
8. Albert
Have you ever wished you had a sort of virtual personal finance assistant? If yes, this is the very money management app you asked for. This app informs users on what they can do to improve their current financial health.
9. Dollarbird
If your main reason for budgeting or keeping track of your net worth is figuring out what you need to pay in the future, then Dollarbird is the best net worth tracker for you. With this app, you can see your projected balance which then lets you know how much money you can safely spend.
11. Mvelopes
Mvelopes is a budgeting and money management tool you can use to track your net worth. It offers one of the most popular budgeting strategies known as the “envelope” strategy. This is how the app works: It allows you to divide up your cash, put it in envelopes, and spend from one envelop to the other until the cash is gone.
12. Acorns
Acorns is one of the best net worth trackers that allows you to start investing with little or no effort. Once it is set up, it gets going. Acorns can be used to round up transactions, but beyond that, it also enables you to set up recurring withdrawals to your account or boost your account with a one-time transaction. Its “round-up” feature is actually a nice way to dip your toe into the investing pool as it funnels the difference (between your credit cards & bank accounts and purchases) into your investments.
13. Wally
Wally is a stripped-down budgeting tool with unique features that helps you track your net worth. Firstly, Wally supports almost all foreign currencies and this will be of great help to you if you’re a digital nomad spending time outside the country. Also, as a money management app, it saves you the stress of dealing with paper in that it allows you to save pictures of receipts. Hence, helping you to keep track of important items related to taxes and business online.
To conclude, the beautiful thing about these net worth trackers is that there is a money management app that suites your style and all you have to do is to download the very app and watch like a spectator, to see your financial situation improve.
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