Determining your net worth can help you develop a clearer picture of your financial situation. One important tool is a balance sheet, which summarizes your assets and liabilities and reveals your net worth. This calculator was designed to help you get a handle on your current financial situation.
Assets:
(Indicate the present dollar value for the items you own.)
Assets:
(Indicate the present dollar value for the items you own.)
Liabilities:
(Indicate the dollar amount you still owe.)
Liabilities:
(Indicate the dollar amount you still owe.)
Are your assets and liabilities divided up as you expected? For example, does your credit card debt account for more of your overall liabilities than you realized? The key to building net worth over time is to take action to reduce your liabilities and by employing the principles of sound financial management to help grow your assets.
Assets
Liabilities