Can I include investments and my house in my net worth?

Yes. Money by Zaweba lets you hold investments, a pension or your house as investment accounts and value them by hand with Update value. Each valuation is recorded as a rise or fall on its date, and the Net worth report and the Home dashboard include it. What Money doesn't do is fetch live prices, so the figure is as current as your last update.

That's a deliberate choice that matches the rest of the app. Money never connects to banks or other services, and that includes price feeds. You're the one who decides when a value changes.

How a hand-valued account works

Create an investment account with New account on the File menu. Give it a name, such as Stocks and shares ISA, Workplace pension or The house, an opening value and an opening date. From then on, when a new valuation comes along, open the account and use Update value. Money records the difference between the old value and the new one as a rise or fall, so the account's history shows how the value has moved over time.

The sample file uses exactly this for its house. Without it, the example household's net worth would just be a large mortgage and look alarming. With the house valued, the picture is the more familiar one of a home partly paid for.

Where the values come from

For a fund or a share account, the provider's statement or website gives a current value. For a pension, the annual statement does. For a house, an estimate from a local agent, a recent valuation or a figure you're comfortable with will do. Money doesn't judge any of these; it simply records the value you give it.

Updating once a quarter or once a year is plenty for most people. Net worth is a slow measure, and fussing over daily movements adds nothing a yearly check doesn't.

What it means for the reports

The Net worth report on the Reports page (Ctrl+R) adds up every account balance on each date, including loans, which count against the total, and hand-valued investments, which count towards it. Between updates, an investment's value stays flat, then steps up or down on the date of each Update value. Over several years, that produces a line that tells a sensible story.

The Home dashboard shows a net worth trend in brief, so you see the effect of a new valuation as soon as you return with Ctrl+H.

Money's other reports keep investment movements in their place. Spending by category is about spending, and Income versus spending is about money in and out, so a rise in your house's value isn't treated as earnings.

Money in and out of investments

When you pay into an investment from your current account, record it as a transfer to the investment account. The cash leaves one account and arrives in the other, so net worth doesn't change on the day, which is correct. The next Update value then captures any growth on top.

A few cautions

A house valuation is an estimate, and an optimistic one can make net worth look healthier than it really is. Some people prefer to leave the house out altogether and track only money they could actually spend or save. Others include it because it's the largest thing they own. Both are reasonable, and Money doesn't mind which you choose.

Accounts held in another currency show their own symbol and are never converted, so an overseas holding isn't added to a pounds total at any exchange rate. If that matters, you can value it by hand in pounds instead.

Whichever way you go, Money by Zaweba keeps the figures you give it and shows them clearly, which is all a net worth figure ever really is.