How to edit your assets and liabilities
You can update what's listed in your Welfie financial dashboard at any time. Here's how to add, edit, and remove items.
How to edit an existing asset or liability
- Open the Welfie app and go to your dashboard.
- Tap the asset or liability you want to change.
- Tap the pencil icon to open the edit screen.
- Update the value or details and save.
- From the Welfie (home) tab, tap Add accounts or assets.
- Fill in the details and save.
How to add a new asset or liability
- Link financial account — for superannuation, bank accounts, loan accounts, credit cards, and investments. This connects to the institution.
- Add property — for residential, investment, or other properties
- Add other assets — for vehicles, home contents, and similar.
Liabilities show up alongside assets on the home tab and include mortgages, credit cards, loans, and outstanding payments.
How to delete an item
Tap the asset or liability, then look for Remove account at the bottom of the detail card. You'll be asked to confirm before it's removed.
Why is this important?
Keeping your assets and liabilities up to date means your dashboard reflects your real financial picture, and your adviser has accurate information when working with you. The numbers don't need to be exact to the cent — close estimates are fine — but the items themselves should be complete.
Need more help?
Message us in chat and we'll walk through it with you.