Comparison

Vault compared with a spreadsheet

A spreadsheet does anything you can describe and nothing you forget to maintain. Vault keeps the parts that can be automatic — prices, exchange rates, totals, charts, history — and leaves you the part only you know. You can export the whole thing back to a spreadsheet at any time.

Vault compared with a spreadsheet
 VaultA spreadsheet
Any asset you can describeYesYes
Prices update themselvesYes, for listed positionsNo, or a fragile formula
Currency consolidationAutomatic, refreshed dailyManual, and usually stale
Charts and historyBuilt from monthly closesHand-maintained
Works on a phoneYes, in the browserTechnically
Mortgage amortisationAn engine with eventsA formula you wrote once
Projection to independenceMonte Carlo, coast, drawdownOne row of arithmetic
Risk of a broken formulaNone to maintainGrows with every edit
PortabilityBackup and CSV exportTotal

When the spreadsheet is the better choice

If you enjoy the modelling, and the thing you want most is a layout nobody else designed, keep the spreadsheet. Vault is the better answer when you would rather read the numbers than maintain them — and it exports to a spreadsheet anyway, so the choice is not permanent.