#TipTuesday! Creating assets for loans

Coach Blake

It can be discouraging to see a high negative net worth amount on your dashboard. We work hard to pay down Mortgage loans, Car loans, etc. Why not track that progress? You can add assets to offset that negative balance. An asset are things that you own that have monetary value like cars or a home.

Here is how to create an asset:

1. From the Dashboard, click on the + ADD button in the upper left.

2. Select Add manually.

3. Enter an Account Name and select an Account Type.

4. Enter the Value of your Asset.

5. Click Continue when done.

**Simplifi will add your new Asset Account to the Accounts List, as well as include the value in your Net Worth.**

Happy tracking!

For more information, click on this link!
http://help.simplifimoney.com/en/articles/3469358-how-to-add-an-asset-account

Already using asset accounts to offset your loans in Simplifi? Great! We'd love to hear what methods work best for you! 

Steve86

Are their plans for integration with third party sides like Zillow and KellyBlueBook to automatically track the value of common assets like cars and real estate as the values of these assets may change over time?

automotive.brew

I think tracking the price of crypto currencies would be great also. I know you can track exchanges, but not all my crypto sits in an exchange.

Coach Natalie

Hello @Steve86 & @automotive.brew,

Thanks for the feedback!

We have some existing Idea posts surrounding the features that you both mentioned that I would definitely suggest following for any updates, as well as adding your votes and feedback to.

https://community.simplifimoney.com/discussion/452/automatic-car-value-tracking#latest

https://community.simplifimoney.com/discussion/48/add-zillow-to-track-property-value#latest

https://community.simplifimoney.com/discussion/669/cryptocurrency-support#latest

-Coach Natalie

Steve86

Great to know thank you!