How to use it
- Enter cash, investments, property, and other assets.
- Enter mortgage, loans, credit‑card, and other liabilities.
- Click Calculate.
- View your net worth result.
What it does – The Net Worth Calculator adds up everything you own (cash, investments, property, other assets) and subtracts everything you owe (mortgage, loans, credit‑card balances, other liabilities).
Why it matters – Your net worth is the single number that shows whether you’re building wealth or slipping into debt, guiding budgeting, investing, and retirement decisions.
How to read it – A positive result means assets exceed liabilities; a negative result flags a deficit that needs attention. No hidden formulas, just a clear subtraction of total liabilities from total assets.
Example – Cash $10,000, investments $20,000, property $150,000, other assets $5,000; mortgage $80,000, loans $5,000, credit‑card $2,000, other liabilities $3,000. Net worth = $95,000.
Pro tips
- Round each input to the nearest hundred to avoid false precision.
- List assets before liabilities to keep the calculation order clear.
- Include all small debts like personal loans; they add up.
- Update the calculator quarterly to track progress accurately.
Real-life examples
- A recent college graduate wants to know if they can start investing.
- A homeowner planning to refinance needs a clear picture of equity.
- A retiree checking whether their savings cover upcoming medical expenses.
Case study
Emily entered her $12,000 cash, $35,000 retirement accounts, $180,000 home value, $8,000 car, $150,000 mortgage, $5,000 student loans, and $2,000 credit‑card debt. The calculator showed a net worth of $78,000, confirming she had enough equity to pursue a rental property investment.