In today’s fast-paced world, staying on top of your finances is crucial for building wealth and achieving financial security. Whether you’re saving for retirement, paying off debt, or simply trying to get a better handle on your money, knowing your net worth is an essential step. But tracking your net worth manually can be cumbersome and time-consuming. Luckily, there are numerous finance tools and apps designed to help you monitor and manage your finances with ease.
In this article, we’ll explore some of the best net worth tracking apps available in 2025. These apps will not only help you calculate your net worth but also assist with budgeting, saving, and wealth building. Let’s dive in and find the perfect tool to help you take control of your finances.
Why Should You Track Your Net Worth?
Before we jump into the best apps, let’s first understand why tracking your net worth is so important.
1. A Snapshot of Your Financial Health
Tracking your net worth gives you a snapshot of your current financial health. It shows you how much you own versus how much you owe, giving you a clear picture of where you stand financially. By monitoring your net worth regularly, you can make informed decisions about saving, investing, and paying down debt.
2. Helps You Set Financial Goals
Your net worth isn’t just a number—it’s a guidepost for achieving your financial goals. If you’re aiming to buy a home, retire early, or start a business, knowing your net worth allows you to set realistic goals and track your progress.
3. Provides Motivation and Accountability
Seeing your net worth grow over time can be motivating. It gives you a sense of accomplishment and accountability, encouraging you to stay on track with your savings, spending, and investment strategies.
Best Net Worth Tracking Apps for 2025
Now that you understand the importance of tracking your net worth, let’s explore the best finance tools and apps to help you manage and grow your wealth.
1. Mint: Best for Comprehensive Budgeting and Tracking
Mint has long been a favorite in the world of personal finance apps, and for good reason. It offers a simple and intuitive platform that consolidates all your financial accounts—checking, savings, credit cards, loans, and investment accounts—into one place.
Key Features:
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Automatic Transactions Categorization: Mint automatically categorizes your transactions, making it easy to see where your money is going.
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Budgeting and Spending Analysis: Create budgets and track spending in real-time.
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Credit Score Monitoring: Keep an eye on your credit score without any extra fees.
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Net Worth Tracker: Mint gives you a complete view of your assets and liabilities, so you can easily calculate your net worth.
Mint is a great option for anyone looking for a free and user-friendly way to monitor both spending and net worth.
2. Personal Capital: Best for Investment Tracking
If you’re serious about building wealth and planning for retirement, Personal Capital is one of the best apps for tracking your net worth. It not only provides a comprehensive view of your finances but also allows you to track investments, which is especially helpful for long-term financial planning.
Key Features:
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Investment Checkup Tool: Personal Capital’s investment tool helps you analyze your portfolio to ensure it aligns with your retirement goals.
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Net Worth Overview: View all your assets and liabilities in one place to easily calculate your net worth.
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Retirement Planner: Helps you set retirement goals and track your progress towards achieving them.
While Personal Capital offers a free version, some of its more advanced features require a paid plan, which might be worth considering for those who want to dig deeper into their wealth-building strategies.
3. YNAB (You Need A Budget): Best for Budgeting and Financial Goals
YNAB is a budgeting app that helps users take control of their money by prioritizing financial goals and managing cash flow. While it’s primarily known for its budgeting features, YNAB also provides tools to track net worth over time.
Key Features:
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Goal Setting: Set goals for debt repayment, savings, or any other financial objective and track progress.
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Real-Time Budgeting: Allocate funds to specific categories and make sure your spending aligns with your financial goals.
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Financial Reports: Get detailed reports that show your progress, including your net worth.
YNAB is perfect for those who need a more hands-on approach to budgeting and wealth management. It’s a paid app, but it’s worth the investment if you’re serious about managing your finances.
4. Truebill (Rocket Money): Best for Managing Subscriptions and Bills
Truebill (now rebranded as Rocket Money) offers more than just net worth tracking. It’s a fantastic tool for managing subscriptions and recurring bills, making it easier to see where your money is going each month.
Key Features:
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Subscription Management: Track and cancel subscriptions with ease to save money.
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Net Worth Tracker: Truebill provides a comprehensive overview of your assets and liabilities, helping you calculate your net worth.
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Automated Bill Negotiation: Truebill can help lower your bills by negotiating with service providers.
This app is ideal for individuals who want to reduce their monthly expenses while also keeping track of their overall financial picture.
5. Tiller Money: Best for Spreadsheet Lovers
For those who prefer a more customizable, spreadsheet-based approach, Tiller Money is a great option. Tiller automatically imports financial data into Google Sheets or Excel, allowing users to create detailed reports, including net worth tracking.
Key Features:
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Automatic Data Import: Tiller pulls data from over 21,000 sources, including bank accounts and credit cards.
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Customizable Spreadsheets: Create custom reports to track your net worth, income, expenses, and more.
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Expense Tracking: Stay on top of your spending with easy-to-read data visualizations.
Tiller is a paid app but is perfect for those who enjoy working with spreadsheets and want more control over their financial data.
How to Track and Calculate Your Net Worth
Calculating your net worth may sound complicated, but it’s actually quite simple. Here’s a step-by-step guide:
1. List Your Assets
Assets are things you own that have monetary value, such as:
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Cash in bank accounts
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Investment accounts (stocks, bonds, retirement accounts)
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Real estate (homes, rental properties)
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Vehicles
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Personal belongings (jewelry, collectibles, etc.)
2. List Your Liabilities
Liabilities are debts or obligations you owe, such as:
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Mortgages
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Credit card debt
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Student loans
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Personal loans
3. Calculate Your Net Worth
Net Worth = Total Assets – Total Liabilities
Your net worth will give you a snapshot of your financial health. If your assets are greater than your liabilities, you’re in a positive financial position. If not, it’s time to focus on paying off debts and growing your assets.
FAQs: Everything You Need to Know About Net Worth Tracking
1. What is the best app for net worth tracking?
Some of the best apps for tracking your net worth are Mint, Personal Capital, and YNAB. These apps provide easy-to-use features for monitoring your assets and liabilities in real-time.
2. How can I track my net worth for free?
Apps like Mint and Truebill offer free tools to track your net worth and manage your finances. They provide a comprehensive overview of your financial situation at no cost.
3. Can I use personal finance apps for wealth building?
Yes! Personal finance apps like Personal Capital and YNAB can help with wealth building by tracking your investments, helping you save, and ensuring you stay on top of your financial goals.
4. How do I calculate and track my net worth easily?
To calculate your net worth, simply subtract your liabilities from your assets. Use apps like Mint or Personal Capital to automate the process and track your net worth over time.
5. What is the best budgeting and net worth tracking tool for 2025?
For 2025, the best tools for budgeting and net worth tracking are YNAB (for budgeting) and Personal Capital (for wealth building and net worth tracking). These apps offer a comprehensive approach to managing your finances.
6. Are there free tools to monitor personal finances?
Yes, there are many free tools available, including Mint, Truebill, and GoodBudget. These apps offer robust features for tracking spending, monitoring net worth, and managing your finances without any cost.
Conclusion: Take Control of Your Finances with the Best Net Worth Tracking Apps
Tracking your net worth is an essential part of personal finance management. With the right tools, you can gain valuable insights into your financial health, set goals, and make more informed decisions. Whether you’re just starting out or you’re looking to optimize your wealth-building strategy, the best net worth tracking apps of 2025—like Mint, Personal Capital, and YNAB—are here to help.
By choosing the right app for your needs, you can start building a better financial future today. So, what are you waiting for? Start tracking your net worth and take control of your financial destiny!
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