What counts as an asset?

Cash, bank accounts, investments, retirement accounts, real estate, and vehicles at their current market value are all common examples.

Is a negative net worth unusual?

It's common, especially early in adulthood or after taking on debt like student loans or a mortgage — net worth typically grows over time as debts are paid down and assets grow.

Net Worth Calculator

Calculate your net worth — the total value of everything you own minus everything you owe.

Assets

Asset 1

Asset 2

Liabilities

Liability 1

Liability 2

Net Worth

$93,000.00

How It Works

The net worth formula

Net worth = total assets − total liabilities. Assets include things like cash, investments, retirement accounts, and property. Liabilities include mortgages, loans, and credit card balances.

Example Calculation

Someone with a $300,000 home and $20,000 in savings, against a $200,000 mortgage and $5,000 in other debt, has a net worth of $115,000.

Common Mistakes

Forgetting to include all liabilities, such as smaller debts like credit cards or personal loans.
Using inflated asset values (like original purchase price for a car) instead of realistic current market value.

Frequently Asked Questions

What counts as an asset?: Cash, bank accounts, investments, retirement accounts, real estate, and vehicles at their current market value are all common examples.
Is a negative net worth unusual?: It's common, especially early in adulthood or after taking on debt like student loans or a mortgage — net worth typically grows over time as debts are paid down and assets grow.

Debt Ratio CalculatorCalculate the debt ratio from total liabilities and total assets.