How the calculator works
The formula. Net worth = total assets − total liabilities. Every box you fill in goes into one of the two columns, each column is added up, and the second is taken from the first. That is the whole calculation, and it is the same one the Networo dashboard runs on the accounts you record there, from the same code.
What to enter. Today's value, not what you paid. A home goes in at what it would sell for now, a car at what it would fetch, an investment account at its current balance. Debts go in as the balance still owed, never the monthly payment. If you own something jointly, enter your share.
Why the categories look like this. They are the twelve categories Networo uses, so if you go on to track the number, the boxes on this page and the accounts in the app line up one to one.
What goes where
| What you own | Enter |
|---|---|
| Cash / Bank | Checking, savings, cash in hand |
| Investments | Brokerage accounts, stocks, funds, bonds |
| Retirement | 401(k), IRA, pension pots you can value |
| Real Estate | What your property would sell for today |
| Vehicle | What your car would sell for today |
| Crypto | Coins and tokens at today's price |
| Business | Your share of a business you own |
| What you owe | Enter |
|---|---|
| Mortgage | The balance still owed, not the payment |
| Car Loan | The balance still owed |
| Student Loan | The balance still owed |
| Credit Card | Balances carried, across every card |
| Personal Loan | Any other loan, including money owed to family |
Round to the nearest hundred. A net worth figure is for the trend, and the trend does not care about the last dollar. The method is in how to track your net worth.
Questions
How is net worth calculated?
Net worth is total assets minus total liabilities. Assets are everything you own that has a value you could realise: cash, investments, retirement accounts, property, vehicles, crypto and a share of a business. Liabilities are everything you owe: a mortgage, car and student loans, card balances and personal loans. This calculator adds each column and subtracts, using the same twelve categories and the same summing code as the Networo app.
Should I include my home and my car?
Yes. Net worth counts everything you own, so a home goes in at what it would sell for today, with the mortgage balance under what you owe, and a car goes in at what it would fetch, with any loan balance under what you owe. If you own something jointly, enter your share: Networo stores the full value and your ownership percentage and counts only the share that is yours. The FIRE calculator is different, because it asks for invested money only, so leave a home you plan to keep living in out of that one.
Do retirement accounts and pensions count?
A 401(k), IRA or other account with a balance you can read counts in full under Retirement, even if you cannot touch it for years. A defined-benefit pension that pays an income rather than holding a pot has no single balance, so most people leave it out of net worth and treat it as future income instead. Use whichever you choose consistently from one month to the next, so the trend stays honest.
What if my net worth is negative?
Then you owe more than you own, which is common early on, with a student loan or a new mortgage and little saved yet. The number is a starting point, not a verdict. The useful question is whether it is higher next month than this month, which is why the figure is worth recording and repeating rather than working out once.
Is anything I enter saved?
No. The calculation runs in your browser, there is no account and no email, and the figures never leave the page. No figure you enter is recorded. The page counts that a calculation was completed, with none of the numbers attached, and the page view is counted the way it is on every page of this site.
What do I do with the number?
Two things. See where it ranks for your age with the free percentile check, which compares it against U.S. Federal Reserve survey data. Then record it and repeat the exercise monthly, on the same day each month. A free Networo account keeps every update as a dated snapshot and draws the trend, with no bank login required, so you see whether the number is moving the right way.
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