Your gold and assets at today's value, and everything you own in one figure

Everything you have: wallets and assets together

Most people know their bank balance and not what they actually own, because much of a household's money is gold in a drawer, a flat or a car. On My money, Masareefy adds your wallets' balances and your assets' value into one figure, Everything you have, and shows under it the share in cash and the share in assets.

When you hold a wallet in another currency, a dollar account for example, it is converted at today's exchange rate, and the line under the figure says it is approximate and gives the rate's date.

How your gold is valued at today's price

Choose Gold and enter the weight of your pieces in grams and their karat, or choose Gold pounds and enter how many; a gold pound is eight grams of 21K. The app values it from today's world gold price, converted into your budget's currency at the same day's exchange rate, then by the karat's purity.

This is the price of the metal, without workmanship or the dealer's margin, so it may differ from a jeweller's price. It measures what you own; it is not a price you can buy or sell at. Silver is valued the same way at 999 or 925.

Adding your gold and assets, step by step

1. Tap Add an asset

   On My money, open Assets and tap Add an asset, then pick its type: gold, silver, apartment, building, land, car, stocks or something else.

2. Enter what you know

   For gold and silver, the weight and karat; for anything else, what you think it is worth today. Update a flat's or a car's value whenever it changes; every update stays in its history.

3. Add what you paid, if you know it

   Turn on I know what I paid and enter the price, and the asset's page shows your gain or loss so far.

4. If you sell, pick the wallet

   Tap Sell and pick the wallet the money went into; its balance grows by the amount, and the sale counts as neither income nor savings. You can undo a sale from its confirmation.