Introducting Know Your Worth
Itโs time
Introducing Know Your Worth
An irreverent net worth tracker to help you build wealth
Itโs the personal finance app Iโve always wanted and couldnโt stop myself from building.
Because finance should be fun.
Hereโs why youโll never use a finance spreadsheet again ๐ค
I love personal finance apps.
Understanding where your money is and how much you have is THE most important first step in your wealth building journey.
But itโs hard because your money isnโt in one place. Instead, youโve got
- Bank accounts at 3 banks
- Retirement accounts from each job youโve worked
- Stock options you donโt know how to value
- A fraction of a timeshare you inherited from your grandparents
Complicated, right?
I tried every single personal finance app on the market.
All I wanted to know was โHow much money do I have?โ
None of them could tell me.
When I talked to my friends, I kept hearing the same story over and over.
You try a new money tracking app, realize it doesnโt let you track an important part of your portfolio, then give up and go make a spreadsheet.
My personal white whale was startup stock options.
After spending dozens of hours making custom spreadsheets, I couldnโt bear it any longer. I needed to share my tools with the rest of the world.
And so KYW was born.
Now Iโd like to tell you about a few things that make KYW special.
๐ญ. ๐ง๐ฟ๐ฎ๐ฐ๐ธ ๐๐๐ฒ๐ฟ๐๐๐ต๐ถ๐ป๐ด
My most important goal with KYW is to accurately represent all financial situations. You can track
- Foreign Bank Accounts
- Partial Asset Ownership
- Private Company Equity
- Commercial Real Estate
- Crypto
- Trusts
- And much more!
If KYW canโt handle your financial situation, let me know and Iโll personally update the app to give you the flexibility you need.
๐ฎ. ๐ง๐ฒ๐ฎ๐ฐ๐ต ๐ฌ๐ผ๐ ๐๐ผ ๐๐๐ถ๐น๐ฑ ๐ช๐ฒ๐ฎ๐น๐๐ต
While tracking your money is essential, KYW strives to be SO much more.
The real purpose of Know Your Worth is to help you build wealth.
Instead of selling your data to hedge funds or using it to upsell you on my personal wealth management services, I want to use it to help you understand your place in the financial world.
How do you compare to people with similar amounts of money to you?
What does your asset mix look like? Do you have a lot of cash when your peers have more investments? How risky is your portfolio?
And crucially, how do you compare with people at that next tier?
If you want to make the next leap in your financial journey, it pays to know how you measure up.
KYW delivers insights about how you can design your portfolio and structure your life to take the next step.
๐ฏ. ๐๐ฎ๐บ๐ถ๐ณ๐ ๐๐ต๐ฒ ๐๐ ๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒ
Now we get to the fun part.
Finance isnโt just stiff suits, big banks, and confusing charts.
For many people, money is a game.
I want to help you play.
Hereโs the first of several ways KYW will gamify your experience.
One of my favorite hobbies is projecting my portfolio.
How much money will I have if
- My house doubles in value?
- Bitcoin hits 100k?
- The stock market grows at 7% for ten years?
- My stock portfolio 1000xs?
Know Your Worth lets you visualize the future you want or plan for the worst.
Run the numbers so you can position yourself accordingly.
๐ฐ. ๐ฆ๐ข ๐ ๐จ๐๐ ๐ ๐ข๐ฅ๐
This thread is kind of long, so I donโt even have time to talk about
- Wholesome/Unhinged Mode
- Wealth Tiers
- Your Wealth Dashboard
- Wealth sharing??!!??
Suffice to say, there is no other personal finance app like Know Your Worth on the market.
Today, KYW launches its private beta.
If youโd like to be one of the first to try KYW, you can request an invite and find more info here.
Members of the beta will lock in lifetime pricing and have the opportunity to shape KYWโs roadmap.
If you donโt know me, Iโm a bootstrapped solopreneur and Iโm all in.
Iโve gotten this far by being scrappy and calling in a few favors.
Your support allows me to continue building this dream project and share everything I learn about app building and money along the way.
If youโre interested in the app or in supporting me, the single best thing you can do is to sign up for the beta.
Thereโs no commitment required and it lets me know that you want to keep seeing my work in the world. https://knowyourworth.finance
This threadโs just the tip of the iceberg. I havenโt even touched on KYWโs most controversial feature yet!
Stay tunedโthereโs much more to come.
Iโm thrilled to embark on this journey with you all.
To the moon, my friends!