🏦 Net Worth Calculator
Calculate your net worth by summing your assets and subtracting your liabilities.
Net Worth Calculator
Net worth is the single best snapshot of your overall financial health. This calculator adds up everything you own (assets) and subtracts everything you owe (liabilities) to give you your net worth. A growing net worth over time indicates improving financial health, while a declining net worth may signal a need for changes in spending, saving, or investing habits.
Frequently Asked Questions
What is net worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). A positive net worth means your assets exceed your debts; a negative net worth means you owe more than you own.
What counts as an asset?
Assets include cash, savings accounts, checking accounts, investments (stocks, bonds, mutual funds), retirement accounts (401k, IRA), real estate equity, vehicles, and any other property with monetary value.
How often should I calculate my net worth?
Most financial advisors recommend calculating your net worth at least once a year. Some people track it quarterly or monthly. Regular tracking helps you monitor financial progress and make better decisions about saving, investing, and debt repayment.