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Glossary Finance

Net worth

Net worth is the total value of everything you own (assets) minus everything you owe (liabilities).

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In more detail

Tracking it once or twice a year shows whether you are building wealth. Count assets at what you could sell them for, and include every debt.

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Net Worth Calculator

Calculate your net worth by adding up your assets -- cash, investments, retirement accounts.

See also

  • Glossary Equity
    Equity is the part of an asset you truly own: its current value minus what you still owe against it.
  • Glossary Emergency fund
    An emergency fund is cash set aside for unexpected costs such as job loss or repairs, commonly three to six months of essential spending.
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