Worthy vs Wealthsimple

The Wealthsimple alternative built for net worth tracking

One-time purchase 100% private No bank connection

Worthy

$16.99

one-time

vs
Wealthsimple

Free

with managed-account upsell

Feature comparison

Worthy
Wealthsimple
One-time purchase (no managed-account upsell)
Free (with upselling)
100% offline & private
No bank connection required
Available worldwide (not just Canada)
Net worth tracking
Barebones
Mortgage with amortization & payoff
Detailed liability tracking (loans, cards, auto)
Asset & liability tracking
Limited
Stock & crypto price updates
Investing & robo-advisor services
Banking / chequing account

Why users leave Wealthsimple

Common frustrations

Net worth tracking is barebones - mortgages take a single value, no amortization or payoff calculation

No payment-by-payment tracking for loans, credit cards, or auto debt

Built for investing first - net worth is a side feature, not the focus

Requires account-linking and stores your financial data on their servers

Why choose Worthy

100% Private

Data never leaves your device

One-time

Pay once, own it forever

60-second setup

No bank connections

The bottom line

Choose Worthy if

You want simple, private net worth tracking without subscriptions or bank connections.

Choose Wealthsimple if

You need transaction tracking, budgeting, or don't mind the trade-offs of a free service.

Ready to try Worthy?

Wealthsimple vs Worthy FAQ

Does Wealthsimple have a real net worth tracker?

Wealthsimple has a basic net worth view, but it's a side feature of their investing app. Mortgages are entered as a single value rather than calculated from principal, interest rate, and payments - so you don't get amortization, payoff dates, or interest projections. Worthy is purpose-built for this and handles loans properly.

How does Worthy handle mortgages compared to Wealthsimple?

In Wealthsimple you type in one number for what you owe and update it manually. In Worthy you enter the loan terms (principal, rate, term, monthly payment) and the app calculates your remaining balance, interest paid, and payoff timeline. The same applies to auto loans, student loans, and credit cards.

Is Worthy a good Wealthsimple alternative outside Canada?

Yes. Wealthsimple's investing and banking products are mostly Canada-only, and the net worth feature is tied to their app. Worthy is available worldwide, doesn't require a brokerage account, and works as a standalone tracker no matter where you live.

Can I use Worthy alongside Wealthsimple?

Many people do. Keep Wealthsimple for investing or banking if it works for you, and use Worthy as the actual net worth tracker - especially if you have real estate, a mortgage, or liabilities that Wealthsimple's simple field-entry can't model accurately.

Looking for the full overview? Read the Wealthsimple alternative guide →

Switch from Wealthsimple today

Track your net worth privately, without subscriptions.

$16.99 one-time
  • Unlimited assets & debts
  • Auto stock & crypto prices
  • 100% private, on-device
  • No bank connection

30-day money-back guarantee