“I’ve been tracking my money with excel sheets for years. It works fine.”

That’s what many of us believe — but is it enough?
The truth is, managing your NetWorth with just an excel sheet or multiple physical documents might seem like a good solution, but it comes with its own set of problems.

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The limits of spreadsheets and folders

When you first start tracking your wealth manually, it feels empowering. You have a folder for insurance, one for SIPs, one for tax documents, and so on. But the cracks begin to show over time, slowly yet evidently

• Data entry fatigue: Updating excel sheets manually every time can become overwhelming and time-consuming
• Inconsistent formats: You often forget to include new accounts, or mix up the names of accounts and assets.
• Security risks: Your excel sheet might not be the safest place to store sensitive financial data.

At the start, everything seems under control. But as your financial picture gets more complex, so does the system — and suddenly, it’s a tangled mess of folders, files, and forgotten passwords.

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The Indian tendency to DIY

The DIY mentality is deeply rooted in Indian culture. We often feel that if we do it ourselves, it’ll be more efficient and more “cost-effective.”

“I don’t need a paid app or an advisor. I can keep track of everything on my own.”
“I’m already doing a great job, I just need to update this once a month.”

But here’s the catch:
As your NetWorth grows, so does the amount of information you need to track. It’s impossible to maintain that level of organisation without the right tools.

For example- You wouldn’t drive a car without a GPS, then why manage your NetWorth without a proper system.

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The costs of relying on outdated methods

Here’s the thing: relying on physical documents and excel sheets for your finances isn’t just inconvenient — it’s an additional cost.

• Time wastage: Searching through countless folders and files can take up a lot of time
• Missing opportunities: When you don’t have a clear, updated view of your NetWorth, you might miss opportunities to optimize your investments, taxes, or cash flow.
• Emotional toll: The more disorganised your financial records are, the more stressed you’ll feel when you’re trying to make important decisions.

FOLO: The evolution of financial organisation

Folo is built to solve all of these problems. It takes the complexity of managing your finances and simplifies it into one seamless, secure platform.

• Instant updates: FOLO automatically tracks all your financial assets, liabilities, and investments. You no longer need to rely on a manual data entry.
• No more clutter: FOLO’s intuitive dashboard presents your financial picture in a clean, organised manner, so you know exactly where your money is, at any given time.
• Security first: With built-in encryption and a robust system, FOLO keeps your financial data safe, unlike the vulnerabilities of excel sheets or cloud folders.

The problem here isn’t that we don’t know how to track our money; it’s that we’re still relying on outdated, DIY methods that only work in theory, not in practice.

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Let technology work for you

It’s time to let technology take over the heavy lifting. FOLO helps you automate, centralise, and visualise your wealth, giving you back time and peace of mind.

The real question is: Are you ready to stop relying on Google Drive and Excel sheets, and start seeing your wealth in real-time?