Kubera Review – Is This Finance Platform Worth Using?

About Kubera

Kubera is a personal finance platform that helps you track all of your investments in one place. That includes not only stocks, but also crypto investments, bank accounts, loans, life insurance, real estate, and more. Kubera is about as simple to use as a spreadsheet, but it keeps all of your data up to date automatically so you can easily track your net worth.

So, is this platform right for you? Our Kubera review will help you decide.

Kubera Pricing Options

Kubera offers a 14-day free trial for $1. After the trial, it costs $150 per year. There is no monthly billing option and you won’t receive a prorated refund if you cancel early.

Kubera Features

Kubera is a relatively simple platform that lets you track all of your financial assets and accounts in a single, centralized location. It goes beyond other net worth trackers by offering the flexibility to track virtually any type of asset. The account types and assets that Kubera can track include:

• Bank accounts
• Loans
• Credit cards
• Brokerage accounts
• Crypto exchange accounts and crypto wallets
• Real estate
• Vehicles
• Precious metals
• Web domains
• Life insurance policies
• Safe deposit boxes

In addition, you can manually enter any assets or debts you have. This allows you to track forex, art, collectibles, and any other types of non-traditional assets. For each entry you have, you can add notes or upload documents. 

For stocks, crypto, metals, and connected accounts, Kubera will automatically track changes in value over time. The platform also tracks your trade history for each asset. 

You can see your total assets, debts, and net worth at a glance, and Kubera offers a simple chart so you can see how your net worth has changed over time.

Portfolio Sharing

One of the neat things about Kubera is that it makes it easy to share your financial portfolio with others. You can easily create a read-only version of your account to give to a financial advisor or a family member.

In addition, Kubera lets you designate a beneficiary for your account. If you don’t log on once every 45 days, the platform will send you 5 email check-ins. If you don’t respond, access to your Kubera account will pass to your designated beneficiary. That way, a trusted family member will be able to see all your financial holdings in the event of your death so they can track down your accounts. 

Customization and Layout

A big part of Kubera’s appeal is that in many ways, it mirrors the structure of Excel. Assets and debts are displayed and edited in tables. If you need to add a new entry, you can choose from Kubera’s presets or create a new row and enter an asset manually.

Your assets and debts can be organized into sheets – by default, there are sheets on the assets page for investments, real estate, and other. Within each sheet, you can have sections to group like assets or assets from a single account. If you want to move rows around, all you have to do is click and drag.

Importantly, all of the financial data in Kubera can be exported to Excel with a click. So, if you want to dig deeper into your finances with custom charts, you can.

Compatible Banks, Brokerages, and Exchanges

Kubera uses Plaid, Yodlee, and Salt Edge to connect to most major banks, brokerages, crypto exchanges, and crypto wallets including Wealthfront, Robinhood, and more. You can also connect to international bank accounts, which is a huge plus for people with overseas assets that most asset trackers don’t capture. You can import data, but the connection isn’t kept open – so you’ll need to refresh your accounts every few months or more frequently to capture new transactions and update your bank balances.

Notably, Kubera uses Zillow to track the value of any real estate you own and Kelly Blue Book to track the value of any vehicles.

Kubera Platform Differentiators

Kubera is distinct from other net worth tracking software in its flexibility. The platform is compatible with not only US bank and brokerage accounts, but also crypto wallets, exchanges, and international bank accounts. The fact that you can manually add virtually any other financial asset or liability you hold – as well as track notes and documents related to those assets – is a huge plus for staying organized and developing a holistic financial picture.

That said, we felt that Kubera could offer more. The platform doesn’t have any goal-based financial planning tools, nor does it offer a way to distinguish between liquid and non-liquid assets in your net worth calculation. It also doesn’t offer forecasting tools to help you estimate what your assets might be worth in the future, either based on historical performance or user-defined assumptions.

Who is Kubera Best For?

Kubera is best for individuals with a large number of financial accounts and a diversified set of assets. If you primarily have US-based bank and brokerage accounts, you can find competing software that will enable you to track your accounts for free. Kubera’s selling point is that it can also track international accounts, crypto wallets, real estate, insurance policies, credit card debt, forex holdings, and virtually anything else that impacts your net worth.

Pros

• Flexible design lets you track virtually any asset
• Import data from most US and international banks
• Share a read-only version of your portfolio
• Easy to use Excel-like interface
• Add notes and upload documents with your assets

Cons

• No goal-based financial planning tools
• Accounts must be refreshed to update data
• Expensive annual fee