Assets
Liabilities
YOUR NET WORTH
$0
Total assets$0
Total liabilities$0
How to Calculate Your Net Worth
Net worth is everything you own minus everything you owe — a clear snapshot of financial health.
The Formula
Net Worth = Total Assets − Total Liabilities
Why Track It Over Time
A single snapshot matters less than the trend — tracking regularly shows if your decisions are moving you in the right direction.
Frequently Asked Questions
Is negative net worth normal?
Yes, especially early in adulthood with student loans or a new mortgage. The trend matters more than a snapshot.
Should I include my car if I owe on it?
Yes, include current value under assets and remaining loan under liabilities.
How often should I recalculate?
Quarterly or annually strikes a good balance for most people.