How it works
Net worth is everything you own minus everything you owe. Tracking it over time is one of the clearest measures of financial progress.
Formula
Net worth = Total assets − Total liabilities
Example
$445,000 in assets minus $262,000 in debts gives a net worth of $183,000.
Assumptions & limitations
- Gross (pre-tax) amounts unless stated.
- Uses the hours and weeks you enter.
Frequently asked questions
Is negative net worth bad?
It's common early in life, especially with student loans. What matters most is the trend over time.