Net worth calculator
Your net worth is the single clearest snapshot of your financial health. List everything you own as assets and everything you owe as liabilities, and this calculator instantly subtracts one from the other to show where you stand. Add or remove as many rows as you need on either side. It is for anyone who wants a personal balance sheet to track progress as savings grow and debts shrink.
How it works
The calculation is the personal balance-sheet equation:
net worth = total assets − total liabilities
The tool sums every value you enter in the Assets column, sums every value in the Liabilities column, and shows the difference. A positive result is shown in green, a negative one in red. Each row is just a label and an amount, so you can be as detailed or as rough as you like.
Example
| Assets | Value | Liabilities | Value |
|---|---|---|---|
| Cash & savings | 8,000 | Mortgage | 180,000 |
| Property | 250,000 | Credit cards | 3,500 |
| Investments | 30,000 | ||
| Total | 288,000 | Total | 183,500 |
Net worth = 288,000 − 183,500 = 104,500.
Track it over time to see your progress as savings and investments grow and debts shrink. Because everything runs in your browser, none of your figures are ever uploaded — your finances stay completely private.
What to include — and what to leave out
Common assets to add:
- Checking and savings account balances
- Retirement accounts (401k, IRA, pension value) — use their current balance
- Brokerage and investment accounts
- Home value (use a realistic current market estimate, not the purchase price)
- Vehicles (current resale value, not what you paid)
- Other valuables: jewellery, artwork, business interests
Common liabilities to include:
- Mortgage outstanding balance
- Car loans
- Student loans
- Credit card balances (what you actually owe, not the limit)
- Personal loans, BNPL balances, medical debt
Leave out everyday bills that you pay in full each month — they are a cashflow item, not a long-term liability.
Why net worth can be negative — and that’s okay
Early in adult financial life it is completely normal to have negative net worth. A new graduate with student loans and no home equity almost certainly does. What matters is the trend: is net worth rising quarter over quarter? Paying down a mortgage, contributing to a retirement account, and keeping consumer debt low all push net worth upward over time even if the starting number is uncomfortable. Recalculate every six months and watch the gap between assets and liabilities close.
Common mistakes
- Using purchase price instead of current value. A car bought for $25,000 three years ago might be worth $15,000 today. Use resale value.
- Forgetting retirement accounts. They count as assets even if you cannot touch them without penalty for decades.
- Including leased assets. If you lease a car you do not own it, so it should not appear as an asset. The lease payments are a liability only if you have a remaining contractual obligation.
- Double-counting. If a home appears as an asset, only the outstanding mortgage balance should appear as a liability — not the full original loan amount.