Net Worth Calculator
Calculate your total assets minus liabilities to understand your financial health
Assets
Liabilities
Net Worth Summary
Financial Health
Enter your financial details to assess your financial health.
Tips to Improve Net Worth
- Pay down high-interest debt first
- Increase retirement contributions
- Build an emergency fund
- Invest in appreciating assets
- Reduce unnecessary expenses
Understanding Net Worth
What are Assets?
Assets are what you own that has value. This includes cash, investments, property, and personal items that can be sold for cash.
What are Liabilities?
Liabilities are what you owe to others. This includes loans, credit card debt, mortgages, and other financial obligations.
Calculating Net Worth
Net Worth = Total Assets – Total Liabilities. This number represents your financial health at a specific point in time.
Why It Matters
Tracking your net worth over time helps you measure financial progress, make informed decisions, and work toward financial goals.