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What is included in my assets and debt?
What is included in my assets and debt?

Understand what is included in your assets and debt and how it is displayed within the Rocket Money app.

Francis avatar
Written by Francis
Updated over a week ago

Assets

Your assets are broken up into categories in Rocket Money app >> Net Worth Tab >> Assets Tab. You may have accounts in all, a few, or just one of these categories.

Cash accounts:

  • Checking accounts

  • Savings accounts

Investments:

  • Brokerage accounts (i.e. Robinhood and Schwab)

  • Retirement accounts (i.e. 401k, IRA, and Roth IRA)

  • College savings accounts (i.e. 529 plan)

  • Crypto wallets

Assets with loans:

  • Homes

  • Vehicles

Other assets:

These are manual assets or accounts that are not linked to Rocket Money. You can manually update the value of these assets or accounts yourself over time.

  • Cash

  • Gold

  • Gold/Silver

  • Jewelry

  • Collectibles

  • Instrument

  • Boat

  • Other


Debt

Credit cards:

  • Credit cards

Long-term debt:

  • Student loans

  • Personal loans

  • Other loans

Asset-backed loans:

  • Mortgages

  • Auto loans

Other debt:

These are manual debts or accounts that are not linked to Rocket Money. You can manually update the balance of these debts or accounts yourself over time.

  • Other debts (for example: "I owe dad $500")

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