What Is My Net Worth?

Calculating net worth is actually pretty simple. It is essentially what you own minus what you owe! Simply add up all the ‘stuff’ you own like home, vehicle worth and all the money you have saved. Then subtract all your debts… how much you still owe on everything!

Your net worth is just one tool to help gauge your overall financial health—it’s not a scoreboard or a measure of self-worth. Don’t stress if the number isn’t where you want it yet. What matters most is tracking progress over time, building good money habits, and staying focused on your long-term goals.

Median Net Worth By Age

Median Net Worth by Age Group

Source: Federal Reserve via George Kamel (2022)

💰 My Net Worth Snapshot

What You Own
Market value of homes, land, and properties.
Resale value of cars, motorcycles, etc.
Cash and funds in checking accounts.
Includes money market accounts, CDs, etc.
Stocks, bonds, mutual funds (non-retirement).
All digital assets like BTC, ETH, etc.
401(k), IRA, pension, and similar accounts.
Estimated resale value of any business owned.
Art, jewelry, rare items, and collections.
What You Owe
Remaining balance on home and property loans.
Debt on vehicle financing.
Total of unpaid credit card balances.
Debt from education loans.
Loans from banks, family, or others.
Outstanding hospital and medical debts.
Any other obligations not listed above.

Track your net worth online with this free and easy-to-use net worth calculator. Simply input your assets and liabilities to get a clear picture of your financial health. Whether you’re working toward financial independence, paying down debt, or growing investments, understanding your net worth is a powerful first step. This tool is for informational and educational purposes only and should not be considered financial advice. Always consult with a licensed financial advisor for personalized guidance.

When will you be a millionaire? Try our compound interest calculator!