What to include
Assets: cash, investments, retirement accounts, the market value of your home and vehicles. Debts: mortgage, car loans, credit cards, student and personal loans.
Example
$378,000 of assets and $194,500 of debts give a net worth of $183,500. Without the home and car, the liquid net worth is $50,500.
Frequently asked questions
Is a negative net worth bad?
It is common early in a career, especially with student loans. What matters is the trend.
See also
Results are estimates for information only and are not financial, legal or medical advice. Rates, taxes and fees vary — confirm with a professional or your lender.