Everything you own, minus everything you owe. Add or remove lines as needed.
Link accounts once and watch this number move automatically.
Compare tracking apps →If liabilities are dragging the number down, see if a lower rate is available.
Compare debt options →Net worth is simply everything you own (assets) minus everything you owe (liabilities). It's one of the clearest single numbers for tracking overall financial progress over time, since it captures savings, investments, and debt paydown all in one figure.
Assets typically include cash, investment and retirement accounts, real estate, and vehicles at their current market value — not what you paid for them. Liabilities include credit card balances, loans, mortgages, and any other debt you owe. Add or remove rows above to match your actual accounts.
Many people, especially early in their careers or with student loans or a new mortgage, have a negative net worth. What matters more than the number at any one point is the trend over time as debts get paid down and savings grow.
Yes, typically at current market value, with the remaining mortgage balance listed separately as a liability. The difference between the two is your home equity.
Many people check monthly or quarterly. More frequent tracking can be noisy due to normal market fluctuations in investment accounts; less frequent tracking still shows the overall trend clearly.
Not necessarily on its own — it's common with student loans, a new mortgage, or being early in a career. What matters most is the trend over time, not a single snapshot.