Question 1

How do I calculate my net worth?

Accepted Answer

Net worth is everything you own minus everything you owe. Add up your assets — cash and savings, investment and retirement accounts, your home and other property, and other valuables — then subtract your liabilities — mortgage, student loans, credit card balances, car loans, and any other debts. The result is your net worth; it can be positive or negative.

Question 2

What is a good net worth?

Accepted Answer

There's no single 'good' number — it depends on your age, income, and goals. What matters most is the trend: a net worth that grows over time as you pay down debt and build savings and investments. Tracking it a few times a year is a simple way to see whether your overall financial picture is improving.

Net Worth Calculator

Assets — what you own

Liabilities — what you owe