Net Worth Formula
Net Worth Calculation Results
Total Assets
Total Liabilities
Assets to Liabilities Ratio
Net Worth Trend
Financial Health Indicators
Assets and Liabilities Breakdown
| Category | Type | Amount | Percentage of Total |
|---|
Net Worth Benchmarks
Net Worth Optimization Tips
Based on your net worth calculation, here are personalized tips for improving your financial health and building wealth.
Understanding Net Worth
What is Net Worth?
Net worth is the value of all assets owned minus all liabilities owed. It's a snapshot of your financial health and a key indicator of your wealth-building progress.
Types of Assets
Assets include liquid assets (cash, savings), investments (stocks, bonds), retirement accounts, real estate, vehicles, personal property, business equity, and other valuables.
Types of Liabilities
Liabilities include mortgages, auto loans, credit card debt, student loans, personal loans, medical debt, tax liabilities, and other financial obligations.