Net Worth Calculator

Easily track your assets and liabilities to calculate your overall net worth and financial health.

Assets

Liabilities

Your Net Worth

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Total Assets
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Total Liabilities
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How to Calculate Net Worth

Net worth is the difference between what you own (assets) and what you owe (liabilities). The simple net worth formula is:

Net Worth = Total Assets – Total Liabilities

Why Net Worth Matters

Tracking your net worth regularly helps you understand your financial health, identify areas for improvement, and make smarter money decisions.

Net Worth FAQs

What is considered an asset?

Assets include cash, bank balances, investments, real estate, cars, jewelry, and anything else of financial value.

What counts as liabilities?

Liabilities include loans, mortgages, credit card debt, and unpaid bills.

How often should I calculate my net worth?

Monthly or quarterly is ideal for tracking financial progress.

What is net worth?

Net worth is the difference between what you own (assets) and what you owe (liabilities). It’s a snapshot of your financial position.

How often should I calculate my net worth?

Monthly or quarterly is ideal. Track trends over time to see real progress.

Should I include retirement accounts?

Yes. Include 401(k), IRA, pension balances, and similar—use current account value.

Do I include personal items like clothes or furniture?

Only list items with meaningful resale value (e.g., jewelry, designer pieces, collectibles).

What if my net worth is negative?

Start by reducing high-interest debt, building an emergency fund, and increasing income. Small, consistent steps compound.