Net Worth

Net WorthNet worth can be a useful tool to measure individual financial progress. It can be determined by subtracting total liabilities from total assets at a specific time. If assets is more than liabilities, individual will have a positive net worth. If otherwise, it will be negative wet worth.

The goal is to work towards a positive net worth. This indicates debt-free status or capability to pay all debt.

It doesn’t offer information about cash flow, or monthly income and expenses. However, it does provide insight regarding how well you’re accomplishing your long-term financial goals.

Calculate Net Worth

To calculate net worth, the first thing to do is to list up all assets and liabilities.

Read more →

Net Worth Calculator

To use this calculator:

  • Enter the current market value (what you could sell, not what you paid) for each asset item.
  • For each debts item, enter the amount you have to pay off as today’s date..