Enter your assets and liabilities to instantly see your true financial position
📈 Your Assets
💳 Your Liabilities
Your income tells you how much you earn. Your budget tells you how much you spend. But your net worth tells you where you actually stand financially — and whether you're moving in the right direction. Two people can earn the same salary and have vastly different net worths depending on how they save, invest, and manage debt.
Assets are everything you own that has monetary value: cash and bank balances, stocks, bonds, mutual funds, pension and retirement accounts, the current market value of any property you own, vehicles, jewellery, and other valuable personal possessions. Be conservative with valuations — use current market value, not what you paid or what you hope to sell for.
Liabilities are everything you owe: your outstanding mortgage balance, car finance, student loans, personal loans, credit card balances, and any other debts. Include everything — even small informal debts. An accurate picture requires honesty about the full extent of what you owe.
Your debt-to-asset ratio shows what percentage of your assets are financed by debt. A ratio below 50% is generally healthy. Above 80% means most of what you own is technically owed to creditors. As you pay down debt and grow assets, watch this ratio decrease over time.
Net worth grows through three levers: increasing assets (saving and investing more), decreasing liabilities (paying down debt), or both simultaneously. Paying off a credit card and contributing to an investment account both move your net worth in the same positive direction — even though one reduces debt and the other grows assets.
Compounding works on net worth too. As your investments grow and your debts shrink, the gap between assets and liabilities widens faster each year. Small, consistent progress compounds into significant wealth over a decade or more.
💡 Pro Tip
Record your net worth on the same day every month — the last day of the month works well. Even if the number goes down temporarily due to market fluctuations, the long-term trend is what matters.
Use our Net Worth & Wealth Tracker to log monthly snapshots and visualise your growth over time, with automatic charts that show your assets, liabilities, and net worth trend at a glance.
Get the Net Worth & Wealth TrackerYes — your home's current market value is an asset, and your outstanding mortgage is a liability. Your equity (value minus mortgage) contributes to your net worth. Use a conservative, realistic market value based on recent sales in your area.
A negative net worth means you owe more than you own — this is common early in life, especially with student loans or mortgages. The important thing is the trend. Focus on consistently growing assets and reducing liabilities each month.
Monthly is ideal. Update investment values, debt balances, and any significant asset changes at the end of each month. An annual deep review where you reassess all property and asset valuations is also recommended.
Yes — pension and retirement accounts are assets. Include the current balance of any workplace pension, personal pension, 401k, IRA, or equivalent retirement account. These are often the largest asset most people own.