#TipTuesday! Creating assets for loans

Coach Blake
Coach Blake Retired Coach ✭✭✭✭
edited August 29 in FAQ Section
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! 

Tagged:

Comments

This discussion has been closed.

Categories