About Alite Finance
Clarity for your money.
A personal finance app for money that lives in more than one account and more than one currency. This is the problem it was built for, and how it answers it.
01The question
How much do I actually have?
It should be the easiest question about your money. For anyone with a salary in one bank, savings in another, some dollars left from a trip and a card to pay off, it is one of the hardest.
Each balance is right on its own. Together they are four numbers in two currencies, and the total is a sum you do in your head — differently every time.
- EverydayBank · IDRRp 24,316,500
- SavingsSavings · IDRRp 61,050,000
- TravelBank · USD$ 1,842.40
- Credit cardCredit card · IDR−Rp 3,217,500
02The small untruths
Where the numbers start to drift.
Most finance apps can add the balances up. The trouble is what they count along the way. None of these is a big mistake. Each is a small untruth, and together they make every figure a little harder to trust.
01Rp 3,000,000 moved from Everyday to Savings
The usual reading
Income +Rp 3,000,000
In Alite
A transfer. Everyday goes down, Savings goes up by the same amount, and income is exactly what it was.
02$1,200 set aside for Japan in spring
The usual reading
Balance −$1,200
In Alite
Nothing moves. The balance reads the same, and $1,200 of it now shows as spoken for.
03Cash in yen, and no yen rate today
The usual reading
Counted as $0.00
In Alite
Left out of the total and flagged, until a rate is back. Missing is never shown as zero.
03One ledger
So Alite is built the other way round.
One ledger — the entries you record — and every page reading from it. A balance is what your entries say, worked out when you open the page. A past entry keeps the exchange rate of its own day.
The parts do not keep separate books, so they cannot disagree.
Your entries — one ledger
- AccountsWhere your money is, each in the currency it holds.
- ActivityWhat came in and went out. The only thing that moves a balance.
- BudgetsWhat you planned to spend. A transfer never counts.
- RecurringWhat is coming — rent, salary, a monthly transfer to savings.
- GoalsWhat you are saving toward, set aside from money you already hold.
- OverviewWhere it all comes together, read in the currency you choose.
04The answer
One number you can trust.
The same four balances, each still in its own currency, and the one figure they make. Change the currency you read it in and the figure is restated — nothing you recorded changes.
Everyday
Rp 24,316,500
≈ $ 1,621.10
Savings
Rp 61,050,000
≈ $ 4,070.00
Travel
$ 1,842.40
Credit card
−Rp 3,217,500
≈ −$ 214.50
Net worth · in USD
$ 7,319.00
Getting started
Getting started
01
Add your accounts
Bank accounts, cash, e-wallets and cards, each in the currency it really holds.
02
Record money as it moves
Income, expenses and transfers. Choosing the account settles the currency.
03
Read the picture
Open the Overview. Budgets, recurring items and goals join it when you want them.
Start with one account and one entry.
The picture is only as good as what goes into it. Alite makes putting things in quick, and the arithmetic exact.