How this works
Net worth is simply everything you own (assets) minus everything you owe (liabilities) — add each asset and debt as its own line item and the totals sum automatically. It's a snapshot, not a trend; tracking it every few months shows the direction that matters more than any single number.
Common questions
Should I include my home and car as assets?
Most people do, at current market value, though opinions differ — some prefer counting only liquid/investable assets since a home you live in isn't money you can spend. Include or exclude them consistently each time you check, so the trend stays meaningful.
Is a negative net worth unusual?
No — it's common early in adulthood, especially with student loans or a recent mortgage relative to a home's paid-down equity. What matters more than the absolute number at any one point is whether it's trending upward over time.