Milo Quell

Free Tool

Net Worth Calculator

Add your assets, subtract your debts, and see the one number that captures your real financial position.

Assets

$45,000
$
$
$
$

Liabilities

$26,000
$
$
$

Your net worth

$19,000

$45,000 in assets − $26,000 in liabilities

The one number worth tracking

Net worth is the single clearest measure of financial progress, because it nets everything out: what you own against what you owe. Income can be high while net worth is flat or negative — the gap between the two is spending. Tracking net worth once a quarter turns vague financial anxiety into a concrete trend line you can actually act on.

Don't be discouraged by a low or negative starting point. Early in life, student debt and a lack of assets make negative net worth normal. What matters is the direction of travel: is the number bigger than it was a year ago?

Frequently asked

How do you calculate net worth?

Net worth is everything you own (assets) minus everything you owe (liabilities). Add up cash, investments, property and possessions, then subtract loans, credit card balances and other debts. The result — positive or negative — is your net worth.

What should be included in net worth?

Assets include cash and savings, investment and retirement accounts, the market value of property and vehicles, and valuable possessions. Liabilities include mortgages, student and personal loans, car loans, and credit card balances. Use current market values, not what you paid.

What is a good net worth?

It depends heavily on age and income, so the most useful comparison is with your own past self. A common benchmark is that net worth should grow every year. A negative net worth is normal early in life (student debt, no assets yet) and is not a failure — the goal is a steady upward trend.

Why does net worth matter more than income?

Income is what you earn; net worth is what you keep. Two people with the same salary can have wildly different net worth depending on how they spend and invest. Net worth is the truest single measure of financial health because it captures the whole picture at once.

Keep going

Once you know your number, see how investing grows it over time.

Compound Interest Calculator →
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