Net worth is the total value of everything you own minus everything you owe, giving a single snapshot of your overall financial position.
Net worth is the most complete measure of your financial health. It is calculated by adding up all your assets and subtracting all your liabilities.
Assets include cash, investments, crypto, retirement accounts, property, and valuables. Liabilities include debts such as loans, mortgages, and credit card balances. The difference between the two is your net worth.
Tracking net worth over time is more meaningful than watching any single account, because it shows whether your overall wealth is growing. A rising net worth means you are building wealth faster than you are taking on debt.
WalletLens gives you a free, private net-worth view that combines your crypto, stocks, metals and cash in one place, updating with live prices and no account required.
Suppose you own a $250,000 home, $50,000 in investments and $10,000 in cash, totalling $310,000 in assets. You owe $180,000 on a mortgage and $20,000 in other debt, totalling $200,000. Your net worth is $310,000 − $200,000 = $110,000.
Add up the value of everything you own, including cash, investments, property and crypto, then subtract everything you owe, such as loans, mortgages and credit card balances. The result is your net worth.
Yes. If your total debts are larger than the value of everything you own, your net worth is negative. This is common early in life, for example with student loans or a new mortgage, and tends to improve as debts are paid down.
WalletLens is a free, private net-worth tracker that puts concepts like this into practice — it tracks your crypto, stocks, gold and cash in one dashboard, computing cost basis, P&L and allocation automatically with live prices. No account, and your data stays on your device.
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