5 Reasons You Need the Know Your Dosh Personal Finance Application

7 minutes

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Managing your finances can sometimes feel like trying to untangle headphones that have been sitting at the bottom of your bag for a week – tricky, frustrating, and time-consuming.

You’ve got bills that pop up faster than toast, bank statements that seem like they’re written in some ancient language, and at the same time you are trying to save for that dream holiday.

To simplify this process and also make it easier for you to share your financial information with trusted family members, we created “Know Your Dosh”!

With “Know Your Dosh“, you can securely manage and share financial information with your loved ones and safely store mortgages and investments. More options like pensions, accounts, and more are coming soon!

Still not convinced? We’ve outlined 5 Reasons why you need the Know Your Dosh personal finance application but first, what is different about Know Your Dosh?

What is different about “Know Your Dosh”?

I know what you’re thinking, yet another personal finance app in the market? But no, Know Your Dosh is a lot more than a personal finance app and we encourage you to read on to find out why.

At “Know Your Dosh”, we are passionate about empowering families with the knowledge and tools to confidently manage their finances and create a more financially secure future.

According to Richard Trachtman, Talking about money is often seen as taboo. Not talking about it can lead to stress in marriages and the family in general. Forbes also describes the inability to be transparent with your finances with your partner as financial infidelity.

One of the key features that set “Know Your Dosh” apart is its secure sharing functionality. With Know Your Dosh, you can easily share financial information with your loved ones and they share theirs with you, ensuring that family members have access to critical financial knowledge, especially in times of need.

This means that in cases of emergency, your loved ones would not have to think of chasing your banks and other institutions, all the information they need is right there on the app!

KYD Dashboard


We also prioritise privacy and security and have implemented robust encryption and security measures to protect your data, giving you peace of mind when using our platform.


5 Reasons why you need the Know Your Dosh personal finance application

Here are 5 reasons why you need the Know Your Dosh Application:

1. Comprehensive asset and liability tracking

Know Your Dosh Liability Tracker

Managing your assets and liabilities can be overwhelming, but with Know Your Dosh, it becomes effortless. Imagine having all your financial information in one place, neatly organised.

You can track the value of your investments, properties, and even debts, like mortgages or student loans. It’s like having a personal financial assistant that keeps you informed about your net worth and helps you make better financial decisions.

On your dashboard, you’ll see detailed reports on your assets, liabilities and your rental properties.

Know Your Dosh Asset List

You can also keep track of your retirement account contributions and monitor its growth. Having all this information in one place allows you to assess the overall health of your investment portfolio and make informed decisions about rebalancing or adjusting your holdings.

2. Renewals made easy

Renewals Dashboard

We all know the hassle of managing multiple renewals throughout the year, from insurance policies to utility contracts. With Know Your Dosh, you can say goodbye to missed renewal dates or auto-renewal mistakes.

The integrated calendar feature acts as your reminder system. You will receive timely notifications for upcoming renewals, like insurance policies or service contracts, helping you avoid any lapses in coverage or unnecessary expenses.


Calendar Reminder

You can also track service contract renewals, such as your internet or cable provider, to avoid unexpected service interruptions or unnecessary expenses.

Know Your Dosh also allows you to upload relevant documents and track all your renewals effortlessly. It’s just like having a virtual assistant dedicated to keeping your important documents up to date!

This feature is also important when it comes to budgeting. This way you know all you need to renew for the month and plan your budget accordingly.

3. Managing tenancies

Tenancy Dashboard

If you’re a landlord or property owner, Know Your Dosh is your ultimate ally. You can efficiently manage your tenancies, monitor your tenants with reference reports, and keep track of rent payments and outstanding balances. Imagine easily tracking rental expenses by uploading receipts and simplifying end-of-year accounting with just one app!

Owners KYD

This means you’ll spend less time dealing with paperwork and more time focusing on growing your rental income. It’s like having a property management assistant at your fingertips.
On the app, you can upload tenant reference reports to track them in a single place. The Know Your Dosh app also follows rent payments and outstanding balances, sending automated reminders to tenants if necessary.

At tax time, you can generate comprehensive reports with just a few clicks, making completing your rental income tax filings easier. You can also send it to your accountants without having to go through endless bank account statements.

4. Stay on top of your taxes

Personal Tax Estimator

Personal Tax Estimator Page

Tax season can be stressful, especially if you’re caught off guard by unexpected tax bills. Know Your Dosh ensures you’re well-prepared by estimating your future tax liability. With the Know Your Dosh personal tax calculator, you can project your tax obligations, giving you a clear understanding of what to expect and allowing you to manage your cash flow more efficiently throughout the year. With this feature, you can make smarter financial decisions, such as adjusting your spending or setting aside funds for tax payments, ensuring that tax season doesn’t catch you by surprise.

For example, if you know you’ll have a higher tax bill, you can set aside a portion of your earnings to optimise your tax situation. By staying on top of your taxes, you’ll avoid surprises and ensure you have the necessary funds to meet your obligations.

5. Secure family sharing ahead of emergencies

Sharing financial information with your family members is important for joint financial planning or in case of emergencies. While no one prays for emergencies to happen, some life can be unpredictable and you have to be prepared for these circumstances.

Know Your Dosh offers a secure platform for sharing relevant financial details with your loved ones. This includes sharing budgeting information, investment portfolios, or insurance policies, ensuring everyone is on the same page and prepared for any financial situation.

We provide bank-level security and multi-level encryption, 2-factor authentication and regular penetration testing using the industry’s best security practices to secure your data. It’s so secure that none of our employees can access any customer’s data.

On the app, you can add your loved ones to the “Household Members” section.

Secure Sharing Dashboard

Here, you can share access to important financial documents such as insurance policies, investment accounts, or estate planning documents. This ensures that in case of an emergency, your family members have the necessary information and can take immediate action without delays or confusion.

With “Know Your Dosh”, in case of untimely death, your family will not have to struggle with handling and managing the family finances. It takes around 24 months for the probate process to find an individual’s assets and liabilities but with “Know Your Dosh”, this reduces down to a few days.

It’s like having a virtual family financial hub that promotes transparency and collaboration, providing peace of mind for you and your family members.

You can also add your professional advisors as well to review your full financial portfolio or with your accountant or solicitors all while fully controlling the level of access you give out.

Register on Know Your Dosh to empower Your family’s financial security!

Registering on the Know Your Dosh platform is a proactive step towards empowering your family’s financial security. By creating an account, you can access a suite of tools and features designed to help you manage your finances effectively and collaborate with your loved ones.

With Know Your Dosh, you can track your income, expenses, and investments in one secure location, providing you with a comprehensive overview of your financial health. When you understand your financial picture, you can make informed decisions, set achievable goals, and work towards a more secure future for your family.

Ready to get started? Sign up here







We think you should understand this blog’s strengths and limitations. We’re a financial management platform and aim to provide the best personal finance and lifestyle guidance but can’t guarantee it to be perfect, so please use the information at your discretion.

“Know Your Dosh” can and shall not be held responsible for any outcomes derived from following general guidelines provided as informative blogs.

This info does not constitute financial advice, always research and consult a professional financial advisor before taking any action to ensure it is right for your specific circumstances.
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