Learn how to calculate net worth with our step-by-step guide. Discover examples, tools, and tips to accurately determine your financial health.

Calculating your net worth can feel like a daunting task. But it may be simpler than you think. Here’s how it’s done and what the number means. How to calculate your net worth.

Calculating your net worth It's really just that simple. To calculate your net worth, you can either write it out by hand, use sophisticated software, or choose an in-between method.

Net worth is the value of the assets a person or corporation owns minus the liabilities they owe. It provides a snapshot of the current financial position.

How to calculate your net worth Your net worth is a snapshot of your financial health. Here's how to figure yours out. Updated Wed, Apr 9 2025. Megan DeMatteo Money Writer / Editor, Select.

To calculate your net worth, take inventory of what you own, as well as your outstanding debt. And when we say own, we include assets that you may still be paying for, such as a car or a house.

Calculate your net worth to get a picture of your financial health. Newsletter sign up Newsletter When you purchase through links on our site, we may earn an affiliate commission.

How to Calculate Net Worth. The net worth formula isn't complicated. Simply add up all of your assets. Then, subtract your total debts from your total assets.

That’s your net worth. Calculate it here. Kiplinger. Save up to 74%. ... Your premium payments on a whole-life insurance policy add to your net worth by increasing the policy’s cash value ...

To help you out, we've broken down how to calculate net worth and taken a look under the hood to see how your peers might be doing. Image source: Getty Images. Get a better idea of your net worth.