Net Worth Calculator
Your net worth is a simple snapshot. It shows what you truly own once every debt is paid off. Add up what you have, subtract what you owe, and see where you really stand today.
What net worth really tells you
Net worth is not the same as income. A person can earn a large salary and still have a low net worth. It simply measures what you would have left if you sold everything and paid off every debt today.
Assets are everything you own that has value.Liabilities are everything you still owe.
Why net worth matters more than your paycheck
Your paycheck shows what comes in each month. It says nothing about what you keep. Two people earning the same salary can have very different net worth, depending on how much they save, spend, and owe.
- Track it once a year. Net worth moves slowly. Checking too often can feel discouraging without showing much real change.
- Be honest about asset value. A car loses value fast. Use what it would actually sell for today, not what you paid for it.
- Small debts still count. Credit cards and small loans are easy to forget, but they lower your real number.
Frequently asked questions
Yes. If your debts add up to more than what you own, your net worth is negative. This is common for students with loans and is not a permanent state.
Yes, if you own one. Use its current market value as an asset, and list the remaining mortgage balance separately as a liability.
Once or twice a year is usually enough. Net worth changes slowly, so frequent checks rarely show a meaningful difference.
Not on its own. A young person early in their career often has a low or negative net worth. What matters more is the direction it moves each year.
Want to plan where your net worth is headed?
Try the Retirement Savings Calculator next.
Retirement Savings Calculator Back to Toolkit