Tangible assets and equity
Net worth that ignores the house is fiction for most households. The Assets page puts the big things on the books.
What belongs here
The Assets page tracks things you own that are not money: property, vehicles, collectibles, anything with a value worth counting. Each asset carries estimated values recorded over time, updated whenever you have a new number worth writing down, a valuation, a comparable sale, an informed guess revised. The history of those estimates is itself informative; the Tangible Asset Value report plots it.
Linking the loan: real equity
An asset can be linked to the loan account that financed it, and the pairing unlocks the number that matters: the Equity column, asset value minus the loan's outstanding balance. A house worth 400,000 with 250,000 of mortgage left is 150,000 of yours, and as repayments land on the loan account, equity grows without the asset moving. Assets without a linked loan show N/A there, since equity without a liability is just the value.
Estimate boldly, revise often
Where assets count
Asset values flow into your net worth alongside accounts and holdings, which is the point: the full picture, everything owned minus everything owed. For households whose wealth is mostly walls and wheels, this page is what makes the Net Worth Trend mean something.
What next
Loan mechanics live in the accounts guide and the loan repayments guide; together with assets they form the debt-and-equity half of your balance sheet.