Vehicles & Manual Assets

Not everything you own lives in a bank. Cadence lets you add assets by hand so they count toward your net worth. This article covers two of those types — General Assets and Vehicles. Other manual types have their own guides: Real Estate, Holdings & Investments, Crypto, and Stock Options & RSUs.

You can start from either place:

• Tap the + button and choose Account/Asset.
• Or open Net Worth, go to the Assets tab, and use Add Asset.

Then pick the asset type. Choose General Asset for things like jewellery, art and collectibles, electronics, furniture, equipment, or business assets, and Vehicle for cars, trucks, motorcycles, or boats.

A General Asset asks for just a few details:

• Name— What the asset is (e.g., “Jewellery Collection”).
• Category— Choose from Jewelry, Art & Collectibles, Electronics, Furniture, Equipment, Business Assets, or Other.
• Current Value— What it is worth today, in the currency you choose.

That value counts toward your total assets right away. General Assets have no linked loan.

A vehicle shows its full value on its card. If you owe money on it, the card also shows your equity — the vehicle’s value minus the loan balance. When you add a vehicle, you choose how to handle any loan:

• No loan— The vehicle is owned outright.
• Link a loan— Attach an existing liability or a synced loan account you already track.
• Add a loan— Enter the loan balance and lender by hand, with optional interest rate, term, and monthly payment.

Either way you attach it, the loan becomes a normal entry in your credit cards and loans. The vehicle still contributes its full value to your assets, and the loan is counted once as a liability, so your net worth stays accurate without any double counting.

Manual assets do not revalue themselves — a General Asset or vehicle keeps the value you entered until you edit it. When you update a value, Cadence records the change so it appears in your net worth history over time. It is worth revisiting big-ticket items like a car now and then so your net worth reflects reality.