💡 Ghostfolio is a free, self-hosted net worth tracker that provides real-time updates and privacy control.
💡 Regular net worth tracking can lead to better financial decisions and motivation to grow wealth.
💡 While Ghostfolio has some limitations like foreign currency handling, its benefits outweigh the drawbacks for most users.
My honest review of Ghostfolio hosted on my Synology NAS (Without any subscription fees)
Money talks. But it only speaks to those who listen. I’ve been on a journey to master my finances. It’s not easy, but it’s worth it. Today, I’m sharing my experience with a tool that’s changed the game for me: Ghostfolio.
By the end of this article, you’ll know if Ghostfolio is right for you. You’ll understand how it can help you track your net worth. And you’ll see why I’m so excited about it.
My Journey with Personal Finance Tracking

I started with Actual Budget to track my expenses. It was eye-opening. I finally knew where my money was going. But it wasn’t all sunshine and rainbows.
Envelope budgeting is tough. It takes time to plan every dollar’s purpose. And when I did, I felt budget poor. I had to account for unexpected expenses like gifts and car repairs. Suddenly, I had less money than I thought.
But there was a problem. Actual Budget didn’t calculate my net worth. I have stocks and other assets. Their values change daily. I needed a way to track them in real-time.
The Search for a Net Worth Tracking Solution

I tried using spreadsheets. It was a pain. I had to manually update stock prices. I only did it every three months. It wasn’t enough.
Then I found Ghostfolio. It’s a free, self-hosted net worth app. As a developer, I know the value of data privacy. I didn’t want my financial info in someone else’s hands. Ghostfolio let me keep my data to myself.
I saw mixed reviews online. But I decided to give it a shot. I’m glad I did.
Setting Up Ghostfolio on Synology NAS
Installing Ghostfolio on my Synology NAS was straightforward. I followed the documentation. There were a few hiccups, but nothing major. The best part? No subscription fees. It’s all free.
Features and Performance of Ghostfolio

Ghostfolio surprised me. It tracks all my stocks, even Hong Kong ones. I expected U.S. stocks only. But it handles international stocks well.
It also tracks crypto. But it only supports major currencies. No alt coins yet.

There’s one issue. It handles foreign currency poorly. You might see a 1-5% difference due to exchange rates. But I can live with that.
The real magic? I can check my net worth daily. It’s addictive. And motivating.
I saved the website as a homepage on my iPhone. Now I can check it anytime. I believe that watching your net worth helps it grow. You pay attention, you make better choices.
The Impact of Regular Net Worth Tracking
Checking my net worth daily has changed my mindset. I’m more aware of my financial decisions. I think twice before unnecessary purchases. I look for ways to grow my assets.
It’s like having a financial coach in my pocket. Always there, always honest.
Pros and Cons of Ghostfolio
Pros:
• Free and self-hosted
• Tracks international stocks
• Real-time updates
• Easy to use mobile interface
Cons:
• Limited crypto support
• Foreign currency issues
• Some rough edges in the UI
Overall, I give Ghostfolio a 9/10. For a free tool, it’s impressive.
Conclusion
Ghostfolio has transformed how I track my finances. It’s not perfect, but it’s powerful. It gives me a clear picture of my net worth. And it does it without compromising my privacy.
If you’re serious about growing your wealth, give Ghostfolio a try. It might just be the tool you’ve been looking for.
Take Action
Ready to take control of your finances? Here’s what to do:
- Visit the Ghostfolio website
- Follow their setup guide for Synology NAS
- Start tracking your net worth today
Remember, what gets measured, gets managed. Start measuring your wealth with Ghostfolio.