Custom Assets

How to track non-standard assets like vehicles, art, collectibles, and jewelry in Forbidden Finance (Premium).

Overview

Custom assets let you include non-standard items in your net worth that do not fit into the standard categories of stocks, crypto, real estate, or retirement accounts. Vehicles, artwork, jewelry, collectibles, and any other valuable possessions can all be tracked as custom assets, giving you the most complete possible view of your financial picture.

Custom assets are available exclusively on the Premium plan.

Forbidden Finance does not provide financial advice. These tools are for informational purposes only.

When to Use Custom Assets

Use custom assets for valuable items that you want reflected in your net worth but that do not have automatic price tracking. Common examples include:

Vehicles — Cars, trucks, motorcycles, boats, RVs.
Art — Paintings, sculptures, prints, photography.
Collectibles — Trading cards, coins, stamps, memorabilia.
Jewelry — Watches, rings, necklaces, gemstones.
Other valuables — Musical instruments, antiques, domain names, business equity.

If an item has a ticker symbol (stocks, ETFs) or token ID (crypto), use the corresponding asset type instead. Those categories provide automatic price updates, while custom assets require manual valuation.

How to Add a Custom Asset

Open Net Worth

Navigate to Net Worth & Assets from the main menu. Tap + or Add Asset.

Select Custom Asset

Choose Custom Asset from the asset type list.

Enter the asset name

Give it a descriptive name that helps you identify it later, such as "2023 Honda Accord" or "Banksy Print - Girl with Balloon."

Choose a category

Select from Vehicles, Art, Collectibles, Jewelry, or Other. This category is used for grouping in your portfolio allocation chart.

Set the estimated value

Enter your best estimate of the current market value. For vehicles, you might use a valuation site. For art or collectibles, use a recent appraisal or comparable sale prices.

Add notes (optional)

Include any helpful details like purchase date, purchase price, condition, or serial number. Notes are for your own reference and do not affect the valuation.

Save

Tap Save. The asset immediately appears in your net worth and portfolio allocation.

Keeping Valuations Current

Custom assets do not update automatically. Their value in your net worth reflects whatever you last entered. To keep your net worth accurate:

Vehicles — Check a valuation resource every 3 to 6 months and update the estimated value.
Art and collectibles — Update after a professional appraisal or when you see comparable items sell.
Jewelry — Update annually or after any significant market shift in precious metals or gemstones.

When you update a custom asset's value, the change takes effect in the next daily snapshot. Past snapshots are not retroactively modified.

Custom Assets vs. Other Asset Types

Feature	Custom Asset	Stocks/Crypto	Real Estate	Retirement
Automatic price updates	No	Yes	No	With Plaid
Category grouping	Yes	By asset class	Property	Account type
Manual valuation	Required	Not needed	Required	Optional
Tier requirement	Premium	Pro+	Pro+	Pro+