My net worth looks wrong
Work through these in order — one of the first few explains most cases.
1. You’re comparing against a different number
- Cash on hand is only your Cash-type accounts. It leaves out fixed deposits, investments, retirement, property and debt, so it’s always much smaller than net worth.
- The Dashboard headline includes retirement accounts and your assets (property, vehicles). If you’re comparing with a figure that leaves those out, they won’t match.
See Net worth for what each number includes.
2. One account’s balance is off
Net worth is the sum of your accounts, so a single wrong account is the usual culprit.
- Open Accounts and compare each account’s balance with your bank or card app.
- For the one that’s off, open it and look at the Starting Balance — it should be what the account held on that date. To fix it, open that row and correct its amount or date. See Accounts and opening balances.
- Then look for a missing, doubled or wrong-amount transaction since then. Ticking Cleared as you check rows against your statement makes the rest easy to spot.
3. Something is counted twice
- A duplicate — the same purchase entered by hand and imported from a statement. See An import created duplicates.
- A transfer recorded as two transactions — moving money from Checking to Savings as an
expense in one and income in the other. Your net worth comes out right, but spending and
income are both inflated. Delete one, and change the other’s kind to Transfer (or pick
To/From
as its payee). See The ledger. - A credit card payment recorded as an expense — the purchases were already expenses; the payment is a transfer from your bank account to the card.
4. An account has the wrong type
A debt entered as a Cash account (or a savings account entered as Credit) is added instead of subtracted. Check the type shown on each account. The type can’t be changed after creation — create a new account of the right type and move the transactions into it (select them, then Move to Account). See the seven account types.
5. A price is stale
Holdings are valued at the latest price the app could fetch. If the top bar says Prices: cached, or one holding looks stuck, see Prices aren’t updating.
6. An asset’s value is out of date
Property, vehicles and other items on the Assets screen don’t update on their own — they count at the newest value you recorded. Open the asset and click Update value. See Assets.
7. Unvested shares aren’t included
Shares or RSUs that haven’t vested are left out of net worth on purpose — they aren’t yours yet. They’re shown separately as Unvested. See Net worth.
8. A foreign-currency amount doesn’t match today’s rate
A foreign-currency transaction keeps the value it had when you recorded it; it isn’t
re-converted every day. If you need the exact amount your card charged, open the transaction and
set Value in
9. You recently changed your base currency
Balances and transactions convert correctly. Amounts you typed in by hand — monthly income and expenses, retirement spending, the low-balance threshold, liabilities you entered by hand, category budgets — are re-read in the new currency without converting. Re-enter them. See Base currency and FX.
Still not right
Narrow it down to one account, then one transaction — that’s much easier to fix than the total. Lucius can help: “Which of my accounts changed the most this month, and why?” or “Compare my Checking balance with this statement” (attach it). If the numbers still don’t add up, report a problem.