How to add liabilities (loans, credit card dues)
Tracking your liabilities is just as important as tracking your assets — your net worth depends on both sides of the equation. FlowTrack lets you add home loans, car loans, personal loans, education loans, credit card outstanding balances, and any other debts.
How to Add a Liability
- Open FlowTrack and go to your Dashboard
- Tap "Add Liability" or the "+" button and select Liability
- Choose the liability type:
| Type | Examples |
|---|---|
| Home Loan | Housing loan from any bank or HFC |
| Car Loan | Vehicle loan |
| Personal Loan | From banks or NBFCs |
| Education Loan | Student loans |
| Credit Card | Outstanding credit card balance |
| Gold Loan | Loan against gold |
| Other | Loans from friends/family, informal debt |
- Enter the outstanding amount (not the original loan amount — the current balance)
- Add the interest rate and monthly EMI (optional but recommended for tracking)
- Tap Save
Why Track Liabilities Manually?
When you type in your outstanding loan balance every month, you see the number. You feel it. This is the power of manual tracking — it forces confrontation with reality.
Watching your home loan balance drop from ₹45,00,000 to ₹44,85,000 after a month of EMIs is motivating. Seeing your credit card balance creep up from ₹15,000 to ₹28,000 is a wake-up call.
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