Net worth calculator
Add up what you own and what you owe to see where you stand today.
Your debts equal about 43% of your assets.
How it works
Net worth equals everything you own minus everything you owe. Use current estimated values for assets, such as what you could reasonably sell them for, and current balances for debts.
Track it once or twice a year. A negative number is common early in adulthood and usually improves as debts shrink.
Example
With the sample inputs shown above (Cash and savings ($) = 8000; Investments ($) = 12000; Retirement accounts ($) = 30000; Home value ($) = 0; Vehicles ($) = 9000; Other assets ($) = 1000; Mortgage balance ($) = 0; Auto loan balance ($) = 7000; Student loan balance ($) = 15000; Credit card balances ($) = 4000; Other debts ($) = 0), the calculator returns: Net worth: $34,000 (Assets minus debts); Total assets: $60,000; Total debts: $26,000.
Things to know
Value assets at what you could reasonably sell them for, not what you paid. Include all debts, even small ones. Track net worth once or twice a year in the same way so you can see the trend.