Getting started with My Wealth

This walkthrough creates a minimal wealth file with one owner and an initial account. By the end, the account value appears in Portfolio overview, and the document can be reopened on another device. A separate box also explains how to use a holding account when you want to organise ownership in more detail.

My Wealth home screen for creating or opening a wealth file

1. Creating the file

From the home screen:

Select New portfolio.
Give the document a recognisable name, such as Family wealth.
Choose the currency in which you want to read totals, such as EUR.
On desktop, save the file with the .mywealth extension. On smartphone, choose its location in the document picker.

To resume an existing document, use Open a file instead of New portfolio. On desktop, My Wealth works directly in the open file. On smartphone, the app maintains a private working copy and synchronises changes to the chosen document.

2. The desktop ribbon

The ribbon brings together My Wealth’s general commands. In version 1.7.6, the File, Edit, Wealth, Add, Tracking and Application groups make their roles clearer. Organise and Operations sit near Properties; Checks is in the tracking group. The Home tab contains the most common actions; View adjusts the active view and Help provides access to help, updates, problem reporting, the licence and application information.

My Wealth ribbon on Windows and its commands

Button	Purpose
New	Creates a new wealth file.
Open	Opens an existing `.mywealth` file.
Save	Saves changes to the currently open file.
Save as…	Saves the wealth file under another name or in another location.
Close	Closes the wealth file and returns to the welcome screen.
Undo	Reverses the last change supported by the undo history.
Refresh prices	Refreshes available values and prices with My Wealth LIVE.
New asset	Opens the choice of asset type to add.
New liability	Opens the choice of liability type to add.
New goal	Creates a value, allocation or passive income goal.
Operations	Records a deposit, withdrawal or transfer.
Checks	Opens detected issues, including missing conversions and budget transfer cycles.
Properties	Opens wealth properties: general information, owners, currencies, history and encryption.
Settings	Opens the application's general settings.

The collapse button temporarily hides the ribbon commands to free up space. Click a tab to show them again. When the window narrows, some groups become menus; the commands retain their roles and remain accessible by keyboard.

The Update Centre lets you schedule tracking and enter values manually. On Windows, smart import can also analyse a source using a compatible local AI model.

Commands unavailable in the current context appear greyed out. For example, Undo remains disabled until there is a change that can be reversed.

On smartphone, Menu brings together the commands shown in the desktop ribbon. The main actions come first, followed by wealth and file commands. Scroll through the menu to find the file and help commands.

My Wealth menu on Android and its commands

Button	Purpose
New asset	Adds an asset after you choose its family.
New liability	Adds a loan or another liability.
New goal	Creates a financial goal.
Operations	Records a deposit, withdrawal or transfer.
Undo	Reverses the latest available change.
Refresh prices	Refreshes available values with My Wealth LIVE.
Properties	Opens the wealth file's information, owners, currencies, history, and encryption.
Settings	Opens the application's general settings.
Obfuscate values	Hides displayed amounts so that you can show the application without revealing actual values.
New	Creates a new wealth file.
Open	Opens an existing `.mywealth` file.
Change location…	Chooses a new location for the document.
Share a copy	Shares a copy of the portfolio without changing its current location.
Close portfolio	Closes the portfolio after the intended save process.

Outside this menu, the bottom bar switches between Situation, Income, Analyses and Portfolio. More opens additional views, including Updates, Budget and Goals. The row of icons below the title switches sections within the active view.

My Wealth bottom navigation bar on Android

4. Checking the owner and currency

Open Properties:

Under General, check the Name and Main currency.
Under Owners, add the individuals or companies that may own holding accounts.
Designate the main owner. This owner is used by default in calculations that require an allocation when no explicit ownership is defined.
On desktop, choose whether saving should be automatic.

The main currency does not change the actual currency of your assets. An account in USD remains in USD even if totals are displayed in EUR.

5. Adding a first account

Select New asset.
Choose Savings accounts, then the account type that matches your situation.
Under General information, enter a name such as Current account.
Under Valuation, choose the account currency and enter its current amount.
Select Apply.

Example: for a joint account containing USD 150, keep USD as the currency and enter 150. If the main currency is the euro, My Wealth will ask for a USD-to-EUR rate as soon as a total in euros requires it.

6. Checking the result and saving

Return to Portfolio overview. The account should contribute to Gross wealth and appear in its family. If a total is marked as incomplete, open Checks, then the correction action for the affected pair. You can also use Properties > Exchange rates.

On desktop, use Save if automatic saving is disabled. On smartphone, wait for confirmation that saving has finished before closing the application or opening the same file on another device.