Add up what you own and subtract what you owe. Your net worth is the clearest single number for tracking financial health over time.
Estimates only. This tool is provided for educational purposes and is not financial advice. It models the figures you enter — it does not know your credit terms, local taxes, or fees. Talk to a licensed adviser before making a decision.
Assets: $20k cash, $80k investments, $300k home, $15k other. Debts: $250k mortgage, $15k loans, $8k cards, $5k other.
Net worth: $137,000. Track this number yearly — the trend matters more than any single snapshot.
Net worth = total assets − total liabilities. It's the number that matters far more than income for long-term wealth. A high earner can have low net worth if debt is high.
Net worth = (Cash + Investments + Real estate + Other) − (Mortgage + Loans + Cards + Other debts)
Should my home count as an asset?
Yes at its current market value, but subtract the mortgage. Some people track 'liquid net worth' (excluding home) separately.
Is negative net worth bad?
Common for young people with student loans and little saved. The goal is a rising trend over time, not a specific number.
How often should I calculate it?
Once or twice a year is enough to see the trend without obsessing over market swings.