Glossary

Wealth tracking

Wealth tracking is the ongoing practice of monitoring everything you own, cash, investments, property, crypto, and other assets, alongside what you owe, so your financial position stays current instead of estimated from memory. Net worth is the single number wealth tracking produces.

People use "wealth tracking" and "net worth tracking" to mean the same underlying habit: keeping a current view of assets minus liabilities instead of reconstructing it once a year for taxes or a mortgage application. The word "wealth" tends to show up when someone is thinking about the broader picture, investments, property, business equity, rather than a single account balance.

Consistent wealth tracking depends on a few habits: reviewing balances on a set schedule, including illiquid assets like property and vehicles at a realistic value, and keeping liabilities like mortgages and loans paired against the assets they financed so the number is not overstated.

In Nethaven, wealth tracking works by connecting banks, brokerages, and crypto wallets, then adding manual assets for anything that does not sync automatically. The result sits next to budgets, debt payoff, and savings goals, so the running total reflects daily decisions instead of a separate, occasional spreadsheet exercise.

Use this in Nethaven

This term connects directly to how people review money in the app. See net worth calculator for the related workflow.

Explore Net worth calculator

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