Why is VirtualBox a prereq? This appears to be a locally-run web app, unless I'm missing something.
I'll be the first to admit our documentation needs more work. If you have any questions about installation you can email me - gene [at] wealthbot.io
(as a matter of fact, that's how it would be deployed in production).
however vagrant is perfect for local, since you need mongo and mysql and various php extensions, etc. etc. all of that comes pre-packaged w/ vagrant... so if you don't feel like littering your local with a bunch of libs that you or many not use in the future, use vagrant.
up to you completely.