Net Worth Calculator
How it works
Every row in the assets list is added up into total assets; every row in the liabilities list is added up into total liabilities. Net worth is simply the difference between the two — what you own minus what you owe. Because it is a subtraction, it can land below zero, which is a real result rather than a broken one.
Frequently asked questions
Is a negative net worth a sign something is wrong?
Not by itself. It just means what you owe currently adds up to more than what you own, which is common and unremarkable early in a mortgage, right after taking out student loans, or after a big purchase financed with debt. What matters more is the trend over time than any single snapshot.
What counts as an asset versus a liability?
An asset is anything you own with resale or cash value — bank balances, investments, a home or car, retirement accounts. A liability is anything you owe — a mortgage, a car loan, credit card balances, student loans. Enter debts as liabilities rather than as negative numbers among your assets; the two are kept apart deliberately so each side's total means something on its own.
Why does this only show a snapshot rather than tracking changes?
Account balances, loan balances and the market value of things you own all change on their own schedules, so net worth is really a value at one moment rather than a fixed number. Re-running this with updated figures every so often is the way to see whether it is moving in the direction you want.