I built Wealthfolio out of necessity because, honestly, I couldn’t find a decent desktop investment tracker that wasn’t a total mess. Everything out there was ridiculously complicated, stuffed with unnecessary features, and required uploading my financial data to someone else’s servers, usually for a monthly fee. I didn’t feel comfortable sharing my financial information with third parties, and paying monthly fees for something my computer could handle locally seemed unnecessary.

Then, Wealthfolio gained some attention, and I quickly realized there were probably others facing the same frustrations. Many of us wanted an investment tracker that is simple, beautiful, and boring in the best way possible: an app that did the job and stayed out of the way.

The Vision

I want Wealthfolio to be the tool people reach for when they need to track their wealth and financial goals without unnecessary complications. Think of it as a beautiful, interactive spreadsheet-like tracker that actually makes sense. No cloud dependencies, no monthly subscriptions, no handing over personal data. Just a clean app that runs on your computer and gets the job done. I made it open source because people should see what’s going on under the hood. Transparency matters when it comes to your financial data. The goal is simple: track your money, understand your progress, and forget the app is even there.

Here are some guiding principles that will drive the development of Wealthfolio:

Privacy Matters

In an age where everything is cloud-based and tied to SaaS platforms, I wanted optionality, the ability to decide where my financial data goes and who can access it. Most apps decide for you where your data goes and who can access it. I don’t believe anyone should have to compromise their privacy to track their investments.

Wealthfolio stores all your information locally, right on your computer. No third parties. No risk of your data being sold, hacked, or manipulated. This isn’t just about privacy. It’s about ownership. When your data stays on your machine, you own the whole process. No one can change the rules on you, raise prices, or suddenly decide your data is worth something to advertisers.

Simplicity Over Complexity

I believe simplicity is what makes products truly memorable. We aim to make Wealthfolio boring and simple, not overly clever or sophisticated. It will be focused on the essentials: tracking your investments and seeing how they align with your financial goals. That’s it. No unnecessary bells and whistles. Just clear, simple insights. I know the everyday challenge will be not losing sight of what truly matters.

No Hidden Costs or Subscriptions

Another thing that frustrated me was the constant push for subscription services. I didn’t want to get trapped in yet another recurring fee for something I only use sporadically. So, Wealthfolio is free to use. If you like it and want to support its development, you can pay once, no strings attached, and use it forever. No surprises. No monthly fees.

Sincerely,

Fadil