Calculate your net worth without creating an account.

The formula is total assets minus total liabilities. Assets are things you own that have a current value. Liabilities are debts or amounts you owe.

Use current estimates and one currency throughout the worksheet. If your assets are larger than your liabilities, the result is positive. If liabilities are larger, the result is negative.

Common assets include cash, checking and savings balances, investment accounts, retirement accounts, real estate, vehicles, business interests, and other property that has a reasonable current value.

Avoid using the original purchase price when it no longer reflects what the asset is worth today. For an item that would be difficult to sell, use a conservative estimate and record how you reached it.

Liabilities include the current balances of mortgages, credit cards, student loans, vehicle loans, personal loans, taxes owed, and other debts.

Use the amount currently owed, not the original loan amount or the total of all future payments with interest.

Suppose someone has $25,000 in cash, $80,000 in investments, and a home worth $400,000. Their total assets are $505,000. If the mortgage balance is $260,000 and other debts total $5,000, liabilities are $265,000.

The calculation is $505,000 minus $265,000, producing a net worth of $240,000. The number is a dated snapshot, so the values and calculation date should be kept together.

Treat the result as a baseline rather than a grade. Keeping the method consistent makes changes over time more informative than comparing one isolated number with someone else's.

Export the worksheet if you want a record of this calculation. For ongoing tracking, worthi can keep accounts, liabilities, investments, real-world assets, currencies, and historical snapshots together.