Instructions:

• Cash and Savings ($): Enter the total amount of cash and savings you have in bank accounts, including checking and savings accounts.
• Investments ($): Enter the value of your investments, including stocks, bonds, mutual funds, and any other investment accounts.
• Real Estate ($): Enter the current market value of any real estate properties you own, such as your primary residence or other properties.
• Other Assets ($): If you have other significant assets, such as a valuable car, valuable art, or other investments, enter their total value in this field.

Input Your Liabilities:

• Mortgage ($): If you have a mortgage on your property, enter the outstanding balance of your mortgage loan.
• Credit Card Debt ($): Enter the total amount of credit card debt you owe.
• Student Loans ($): If you have student loans, enter the total amount of student loan debt you owe.
• Other Liabilities ($): If you have other significant liabilities, such as personal loans or car loans, enter their total value in this field.

Calculate Net Worth:

• After entering the values for your assets and liabilities, click the "Calculate Net Worth" button.

View the Result:

• The calculator will perform the calculation and display your net worth in the "Your Net Worth" section. Your net worth will be shown as a dollar amount, which represents your financial position after accounting for all your assets and liabilities.

Notes:

• Assets: Assets are items of value that you own, which can include cash, investments, real estate, and other valuable possessions.
• Liabilities: Liabilities are financial obligations or debts that you owe, such as mortgage loans, credit card debt, student loans, and other loans.
• Net Worth: Your net worth is the result of subtracting your total liabilities from your total assets. It represents the amount of wealth or equity you have accumulated.
• Financial Health: A positive net worth indicates that your assets exceed your liabilities, which is a positive sign of financial health. A negative net worth means your debts outweigh your assets and may require financial planning to improve your financial situation.

Using this Net Worth Calculator can help you understand your current financial standing, track your financial progress over time, and make informed financial decisions.