Net worth is a snapshot of financial health: everything you own minus everything you owe. Tracking net worth helps measure progress toward financial goals.
How to use this calculator
- Add up all assets (cash, investments, property, etc.).
- Add up all liabilities (loans, credit cards, mortgages).
- Enter totals and review net worth.
Formula
Net worth = Total assets − Total liabilities. Positive net worth means assets exceed debts.
Example
Someone with $250,000 in assets and $120,000 in liabilities has a net worth of $130,000.
Frequently asked questions
What should I include in assets?
Include liquid accounts, investments, retirement balances, and property at fair market value.
How often should I calculate net worth?
Many people review monthly or quarterly to track trends rather than daily fluctuations.