Your net worth is a simple snapshot of your financial health: everything you own minus everything you owe. This free net worth calculator adds up cash, investments, retirement accounts, property and other assets, then subtracts your mortgage, loans and cards. You get your net worth, debt-to-asset ratio and a visual breakdown of where your money sits.
How to use:
- Choose your currency.
- Enter your assets: savings, investments, property, vehicles and more.
- Enter your debts: mortgage, loans and credit cards.
- Click Calculate to see your net worth and breakdown.
FAQs:
Q: How do you calculate net worth?
A: Add up all your assets, then subtract all your debts. The result is your net worth.
Q: Can net worth be negative?
A: Yes. That means you owe more than you own, which is common with student loans or a new mortgage. Paying down debt and saving will bring it up.
Q: How often should I check my net worth?
A: Every 3 to 6 months works well for most people. Use the same method each time so you can compare.
