Calculate your net worth by subtracting total liabilities from total assets.
Calculate your net worth by subtracting total liabilities from total assets.
Add up everything you own with real market value — cash, investments, retirement accounts, real estate, vehicles — then subtract everything you owe, including mortgages, loans, and credit card balances. What's left is your net worth, a single snapshot number that's far more meaningful for tracking financial progress over time than any one account balance on its own.
