In business, net worth (sometimes called net assets) is the total assets minus total outside liabilities of an individual or a company. In personal finance, net worth (or wealth) refers to an individual's net economic position; similarly, it uses the value of all assets (long term assets) minus the value of all liabilities.

This calculator will help you to determine your assets and liablilities and calculate your Net Worth.

  1. Enter the values of your Assets and Liabilities
  2. Leave the box blank if a particular question is not relevant to your situation
  3. Click once on the "Calculate" button to calculate your result
ASSETS - WHAT YOU OWN    
     
Home    
If you own your home, enter its estimated current market value here. Ignore the amount owing on your mortgage. $
     
Cars    
Enter the market values of all of the cars that you own. Again, ignore any car loans you may have. $
     
Other Vehicles    
If you own a boat, motor home, motorcycle, etc., enter the market value for these items here. $
     
Jewellery    
If you own jewellery of value (perhaps an engagement ring), enter the estimated value here. $
     
Special Items    
Cameras, computers, etc. Enter the amount you could get if you sold the items today. $
     
Furniture & Household Items    
Estimate the total value of your furniture, appliances, electronics, etc. If you were to have a garage sale today what would you get for all these items? $
     
Cheque & Savings Accounts    
Add up the current balance of your regular cheque and savings accounts. $
     
Retirement Accounts    
Add up the value of all your Superannuation, Rollovers etc. $
     
Managed Funds    
If you invest in any managed funds, enter the total value of the funds here. $
     
Shares    
If you own any shares, enter their total value here. $
     
Life Insurance    
If you have a life insurance policy with a cash value, enter it here. $
     
Other Assets    
Enter here anything else you can think of that has value if you were to sell it. $
     
LIABILITIES - WHAT YOU OWE    
     
Mortgage Principal    
If you have a mortgage, enter the amount of principal you owe here. $
     
Leases or Hire Purchase    
If you have any leases etc. on any cars or other equipment, enter the balance owing here.. $
     
Personal Loans    
If you have any personal loans, enter the balance owing here. $
     
Credit Cards    
Enter the balance due on all of your credit cards here. $
     
Other Liabilities    
Enter any other liabilities here. $
       
Click this button to calculate your net worth.  
      
RESULT    
     
Total Assets $
     
Total Liabilities $
     
Your Net Worth $