Calculate your net worth
Net worth is the single clearest snapshot of your financial health: everything you own minus everything you owe. List your assets and debts below to see your total net worth, your liquid net worth (excluding your home), and how your money is split between assets and liabilities. Everything runs in your browser — nothing is uploaded.
How net worth is calculated
- Net worth = total assets − total liabilities. Assets are everything you own with resale value; liabilities are every balance you owe.
- Liquid net worth here excludes your home's value and its mortgage, so it reflects the money you could reach without selling or borrowing against the house.
- Use current market values, not what you paid — a home's estimate, a car's resale price, and today's investment balances. A negative net worth simply means your debts currently exceed your assets.
- This is a point-in-time snapshot. Tracking it every few months shows the trend that matters far more than any single number.
An estimate for planning, not an appraisal, statement of financial condition, or financial advice. Asset values are approximate and change over time; get formal valuations where precision matters. Nothing you enter leaves your browser.
What is net worth?
Net worth is what you'd have left if you sold everything you own and paid off everything you owe. It's the number that cuts through income, spending, and account balances to answer one question: are you building wealth or standing still? A high income with high debt can produce a lower net worth than a modest income paired with steady saving — which is exactly why net worth, tracked over time, is the metric that matters.
Assets minus liabilities
- Assets are everything you own that has value: cash and savings, retirement and brokerage investments, your home, vehicles, business equity, and valuables.
- Liabilities are everything you owe: your mortgage, student loans, auto loans, credit card balances, and any other debt.
Subtract the second from the first and you have your net worth. If the result is negative — common early in a career with student debt — it isn't a failure; it's a starting line. What counts is the direction it moves.
Total vs. liquid net worth
Your home is usually the biggest asset on the list, but you can't spend a kitchen. Liquid net worth strips out your home value and mortgage to show the wealth you could actually access for emergencies or opportunities. Watching both numbers keeps you from feeling wealthy on paper while cash-poor in practice. Make sure part of that liquid figure is a real cushion — size it with our emergency fund calculator.
How to grow your net worth
Net worth rises two ways: assets grow or debts shrink. Automating investments lets compounding do the heavy lifting over decades — see it in the compound growth calculator — while a payoff plan attacks the other side of the ledger. If high-interest balances are dragging you down, the debt payoff calculator shows the fastest route out. Re-run this snapshot a few times a year and the trend line becomes your scorecard.
Frequently asked questions
What should be included in net worth?
Include every asset with real resale value — cash, investments, retirement accounts, your home, vehicles, and valuables — and every debt you owe, from your mortgage to credit cards. Leave out things with no resale value and recurring expenses, which are cash flow rather than balance-sheet items.
Should I include my home in net worth?
Yes, at its current market value, with the mortgage counted as a liability. That said, it helps to also track liquid net worth, which excludes the home, because home equity isn't money you can spend without selling or borrowing against it.
What is a good net worth?
There's no universal number — it depends on your age, income, and cost of living. One common benchmark suggests aiming for net worth equal to your annual income by 30, three times income by 40, and growing from there. The most useful comparison is with your own past self: is the number trending up?
Can net worth be negative?
Absolutely, and it's common for younger adults carrying student loans or a new mortgage with little equity yet. Negative net worth just means liabilities currently exceed assets. Consistent saving and debt payoff turn it positive over time.
How often should I calculate my net worth?
Quarterly is plenty for most people; some prefer once a month or once a year. The point is consistency — the same categories each time — so the trend is meaningful. Chasing daily changes in markets adds noise, not insight.
Turn a snapshot into a plan
Free, private, and running entirely in your browser. Model your assets, debts, and savings together — and track plan vs. actual — no account required.