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Other assets
Car, watch, artwork, collectible: anything of value can count towards your net worth.
A car, a collectible watch, a piece of art: what you own is not limited to accounts and financial investments. These items carry real value, useful to know for insurance, a resale, or simply to get a complete picture of your net worth.
Finvygo lets you describe these assets freely and enter an estimated value, adjustable at any time based on your own judgement. They then fold into your overall net worth, just like your stocks, your real estate or your cash.
What you can do
Add your items
Vehicle, watch, artwork, collection: describe what you own however you like.
Estimated value
Enter an estimated value and adjust it as it changes.
Track over time
Keep a record of how each item's value evolves.
Consolidated view
These assets count towards your net worth like any other.
Why keep an inventory of your valuables?
Net worth is not limited to accounts and investments: a watch collection, a vintage car or a piece of art can represent significant value, often overlooked in a purely financial view. Taking inventory of them gives a more accurate picture of what you actually own.
This inventory also serves beyond simple tracking: preparing an insurance declaration, estimating what a resale could bring, or simply keeping a useful record in case of a transfer. A rough value today is worth more than no reference the day one becomes necessary.
How Finvygo handles these free-form assets
Each item is described freely: a name, a category, a few notes if needed. You enter an estimated value, the one you judge most accurate, with no appraisal provided by the app and no guarantee on its accuracy: your own estimate is what counts.
This value can be adjusted at any time, for example to reflect a car's depreciation or a collectible's rising value. The history of adjustments is kept, and the asset folds into your net worth calculation like any other.
Frequently asked questions
What kinds of items can I add?
Anything of value that does not fit the other categories: a vehicle, a watch, artwork, a collectible, for example. The description is free-form, with an optional category and notes.
How do I estimate an item's value?
You enter the value that seems most accurate to you, adjustable freely over time. Finvygo provides no appraisal or automatic estimate: your own judgement is what gets recorded.
Is my car's depreciation tracked?
A vehicle's value does not change automatically: you update it manually whenever you want, for example to reflect its depreciation. The history of previous values stays available.
Do these items count towards my net worth?
Yes. Once added, they fold into your overall net worth calculation just like your other assets, with their own weight in the breakdown.
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