Calculate your net worth by adding up your assets and subtracting your liabilities. Get a clear snapshot of your financial health and track your progress over time.
Your Net Worth
$63,000
Assets
80k
Liabilities
17k
Net Worth
63k
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It's the single most important number for understanding your overall financial health. A positive and growing net worth means you're building wealth over time.
Income alone doesn't tell the full story. Two people earning the same salary can have vastly different net worths depending on their spending, saving, and investing habits. Tracking net worth monthly or quarterly reveals whether your financial decisions are actually building wealth.
There are three levers: increase assets (save more, invest), decrease liabilities (pay down debt), or both. Focus on high-impact actions first — paying off high-interest debt, maximizing employer retirement matches, and building an emergency fund.
Net Worth = Total Assets − Total Liabilities
Enter the current value of your assets (savings, investments, retirement accounts, property) and liabilities (mortgage, loans, credit card balances). The calculator computes your total net worth and displays a visual breakdown showing how assets and liabilities compare.
A household with $25,000 in savings, $80,000 in retirement accounts, and $350,000 home equity (total assets: $455,000) minus a $200,000 mortgage, $15,000 car loan, and $8,000 student loans (total liabilities: $223,000) has a net worth of $232,000.
Use current market values for assets, not what you originally paid. Your home value, car, and investments should reflect today's prices.
Include all retirement accounts (401k, IRA, pension values) — these are often people's largest asset and easy to overlook.
Track your net worth monthly or quarterly. The trend matters more than any single number — consistent growth means your financial habits are working.
If your net worth is negative (common with student loans or a new mortgage), focus on the rate of improvement. Moving from -$50,000 to -$30,000 is meaningful progress.