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Cash in hand has no interest. You can keep Growth (%) blank or
enter 0.
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1. Use the name you can recognize, no need to input full account
number.
2. Growth (%) is the annual interest rate of the account.
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1. Each category weight will be automatically adjusted, based on
your any input (either in dollar or in percentage), to
make total 100 (%).
2. Example of each category:
- Stable: cash, money market fund, stable value fund, CD,
Treasury bill
- Bond: government, corporate, high yield bond
- Stock: preferred stock, common stock, REIT
- Riskiest : cryptocurrency, commodity, derivatives,
other alternative investment
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1. Each category weight will be automatically adjusted, based on
your any input (either in dollar or in percentage), to
make total 100 (%).
2. Example of each category:
- Stable: money market fund, stable value fund, CD
- Bond: government, corporate, high yield bond
- Stock: preferred stock, common stock, REIT
- Riskiest : cryptocurrency, commodity, derivatives,
other alternative
investment
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1. If you have annuitized the pension (meaning you're receiving
regular pension payout), there is no cash value (zero
balance).
2. The Growth (%) of your pension cash value is the plan's
credited rate in the statement. 2% ~ 4% can be a good guess for
the
future.
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Not all insurance policies have cash value. If not showed in
your
policy
statement, just input zero.
Some property insurance (such as car, home
insurance, or warranty contracts) have an unearned (by the
insurer)
portion of the premium you have paid.
If you terminate the policy, you may be eligible of a refund of
that
portion after deducting the fee.
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For example, if your paycheck is $1000 every 2 weeks, and you
have
worked 4 days (not paid yet), you can input:
$1000 pay per period,
10 working days (2 weeks x 5 days),
4 earned, unpaid days.
Then, the receivable will be automatically calculated.
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Growth (%) is the annual interest rate (%) you are eligible to
get
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1. Value ($) is the market value of the property. Don't
subtract the mortgage balance from the value input.
2. Growth (%) is the expected annual appreciation (inflation) of
your
property. Long term average rate in the U.S is about 3 ~ 4%
Check home value by
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1. Current value is automatically calculated based on the cost
and
lifespan remained. We use Straight Line Method to calculated the
property value after depreciation.
2. If you don't remember the cost or the purchase date, you can
input
current value as Cost, today as Purchase date, and the
remaining lifespan as Lifespan.
Check current car value by
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Past yield (%) is the annualized return calculated based on the
purchase
cost and current value. It can be an estimate for future yield.
However, some valuables may have ceiling value in the long term,
so we recommend to input a conservative future yield.
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If you always payoff the statement balance, you can input 0%
interest
rate (APR) and owe zero interest payable.
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1. Once the loan features are filled, the loan balance will be
automatically calculated every month. You don't need to manually
maintain the numbers,
unless the interest rate changed, or you made prepayment
so the balance is reduced.
2. If the loan is not installment (such
as a loan from family or friends with no fixed monthly payment),
or not scheduled to repay soon (such as student
loan still in grace period), you can place it in "Other debts"
category
instead.
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1. Balance is the current amount owed, including accumulated
interest.
2. Growth (%) is the annual interest rate (%) levied on the
debt.
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Total asset
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Total debts
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Net
worth
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