Fearless Finance shows you what your household Balance Sheet looks like. What does that mean? Well, it tells you how your savings looks compared to your debt. Unless your fresh out of school or grad school, you would want your Net Worth to be positive. Your Net Worth is your Savings minus your Debts. In this case, savings can be things like the worth of your house, jewelry or art, and the usual stuff like savings accounts, brokerage accounts and retirement savings.

It helps to see your Savings (assets) and Debt (liabilities) all in one place to really understand your household's financial position and security.

We then listed your savings and debts from the "savings" screen in onboarding. If something doesn't look right, click edit financial data input (orange button) at the top of this screen and go back to "savings" and fix it. Click Summary again and you come back here.

Did this answer your question?