Measure Your Wealth with Net Worth Calculator

Assets

Liabilities

Disclaimer: This is an estimate based on user inputs. Consult a financial advisor for a comprehensive net worth assessment.

Our Net Worth Calculator helps you evaluate your financial position by comparing your assets to your liabilities. Enter your details to calculate your net worth and visualize the balance.

How to Use the Net Worth Calculator

1. Enter an asset category (e.g., Cash, Investments) and its value.
2. Click Add Asset to include more assets as needed.
3. Enter a liability category (e.g., Loan, Credit Card) and its amount.
4. Click Add Liability to include more liabilities.
5. Click Calculate Net Worth to see your net worth and a bar chart.
6. Use the trash icon to remove any entry if needed.

The Logic Behind It

The calculator computes your net worth using the formula:
Net Worth = Total Assets - Total Liabilities
Where:
- Total Assets = Sum of all asset amounts
- Total Liabilities = Sum of all liability amounts
The result is displayed alongside a bar chart comparing total assets and liabilities for a clear visual representation.

Benefits of Using the Net Worth Calculator

• Clarity: Get a snapshot of your financial health in one number.
• Tracking: Monitor your net worth over time to measure progress.
• Planning: Identify areas to increase assets or reduce liabilities.
• Visualization: See a clear comparison of assets and liabilities.