Guide
Budget when money crosses a border
A remittance is income in one currency and spending (or family support) in another. If you only budget the receiving wallet, you hide the FX hit. If you only budget the sending salary, you hide what the household actually used. Track both sides in one picture.
Remittance is not a footnote category
A single “misc transfer” line hides the fact that FX and fees are a recurring cost. Iron Wealth’s dual display and 150+ currencies exist for this split: foreign income, local spending, one net worth.
Privacy when two households share a picture
You may not want a US aggregator storing both a host-country salary and a home-country wallet. On-device storage and no required bank login keep that graph with you.
Plan the send, then the independence math
Savings goals can live in the currency you save in. The free FIRE and compound-growth calculators work in the currency you think in. Educational only.
Questions
- Does Iron Wealth send remittances?
- No. It is not a money-transfer service. It tracks the accounts and the budget after you send.
- Can I see the send in two currencies?
- Yes. Dual display is built for a host currency plus a home currency.
- Is this only for African diaspora?
- No. The same model works for any household that earns in one country and supports another.
Track both sides of the send. Download Iron Wealth and keep remittance life in one private number.
