Net Worth
Everything you own, minus everything you owe, charted over time.
Updated
The Six Asset Types
Each type has its own fields, tailored to what actually matters for it:
| Type | For | Article |
|---|---|---|
| Financial Account | A chequing, savings, investment or retirement account tracked by balance | - |
| Real Estate | Property value and mortgage details | Real Estate |
| Vehicle | A car, motorcycle or boat at its current value | Vehicles |
| Stock Option/RSU | Employer equity with vesting and strike prices | Options & RSUs |
| Cryptocurrency | Coins valued with an on-demand price update | Crypto |
| General Asset | Collectibles or anything else with a custom value | Manual Assets |
Debts are added separately, through Credit or Loan in the same menu. A mortgage or auto loan can be linked to the property or vehicle it belongs to. Linking groups them together in the list but does not change your net worth, because the asset still shows its full value and the loan still counts as its own liability.
Why Holdings Are Not Counted
Holdings live on the Holdings tab - whether you typed them in or they came from a Synced Investments brokerage connection - and they are deliberately not added to your net worth. That is true of both kinds.
An investment or retirement account already counts through its balance, so adding the securities inside it on top would count the same money twice. A $50,000 RRSP contributes $50,000 whether or not you also list the three ETFs inside it. The holdings give you the breakdown and the gain or loss; the account balance is what moves the number.
A holding with no matching account is invisible to net worth
If you record a holding but never add the account that holds it, it appears on the Holdings tab only and contributes nothing. Add the account as well if you want it counted. See Holdings & Investments.
Credit Cards and Loans
Synced credit cards and loans appear as liabilities and their balances update automatically as your accounts sync. As a loan balance falls, your net worth rises.
A synced card brings across its balance, available balance and credit limit - and nothing else. See Credit Cards & Loans for what is not retrieved and what you can record yourself.
Splitting an Asset With a Partner
If you own something jointly, tick Split with partner when adding or editing it. Cadence Money then counts half its value toward your net worth, and the card shows a (50%) marker so it is obvious why the figure is lower than the asset’s full worth.
The option is offered where joint ownership is common: on properties and vehicles, and on mortgages and car loans. It is not available on credit cards, lines of credit or other manual assets.
When an asset and its loan are both split, both halve, so your equity stays consistent. It is always exactly half - there is no way to set a different share - and it changes only what the asset contributes to your net worth. Your transactions and budgets are untouched, so a mortgage payment still counts in full against your spending.
The Net Worth Tab
Top to bottom, the Net Worth tab holds:
- Your net worth with its 30-day change.
- An allocation bar you can tap to inspect a slice.
- A Breakdown list.
- Your assets and liabilities grouped by type.
The Net Worth tab shows everything you own and owe in one view. There is no separate assets-only or liabilities-only mode - use the Breakdown list or tap a segment of the allocation bar to focus on one part.
The sections are yours to arrange. Tap Customise at the bottom of the Net Worth tab to open Customise Layout - one draggable list holding every section on the page, assets and debts alike. Drag them into the order you want, then Save. Cancel throws the change away, and Reset to Default puts the original order back.
Reordering is all it does
There are no visibility switches in that sheet - you cannot hide a section, and a section only appears in the first place once you have something in it. What you can do is star individual items, which pins them to a Favourites section at the top, above everything else.
Net Worth Over Time
Every value you record is captured as a snapshot, so the net worth chart reflects how things actually moved rather than freezing at whatever you first entered. That is why it is worth updating manual asset values occasionally - a car left at its purchase price flattens a real trend.
The longer view, including a category breakdown and a holdings gain/loss chart, is in Explore, on its Wealth tab.
When you no longer own something, archive it rather than deleting it. The asset stops counting toward your net worth from that point on, and the history it already built stays in the chart - see Archiving.