Quiz prep
Key ideas to know
For the Grow Your Net Worth learning path
- Net worth is what you own minus what you owe. A $300,000 home with a $200,000 mortgage adds $100,000: enter the home's value as an asset and the mortgage as a debt.
The Investing & Retirement Quiz at the end of the path asks about this.
This tool is step 1 of the path: Know your number.
Continue the learning pathHow the Net Worth Tracker works
The Net Worth Tracker adds up everything you own and subtracts everything you owe, then keeps a history so you can see the trend over months and years. Its projection view estimates where your net worth could go based on your balances, expected returns, contributions, and debt payments.
Who it's for
- Anyone who wants a single number that shows whether they’re getting ahead.
- People paying down debt who want to see progress even before balances hit zero.
- Investors who want to see how today’s balances and contributions could grow.
Inputs and assumptions
- Assets
- Cash, investment and retirement accounts, your home’s market value, vehicles, and anything else you own.
- Debts
- Mortgages, student loans, car loans, credit cards, and other balances you owe.
- Balance history
- Update balances over time (monthly works well) to build your history chart.
- Projection settings
- Asset class or custom return, optional contributions, and debt payments and rates.
Methodology
- Net worth = total assets − total debts.
- Projections grow each asset at the expected return for its asset class (or a custom rate) and show an optimistic and pessimistic band one standard deviation around it.
- Debts with a payment and interest rate follow a standard amortization schedule; debts without payment details are held constant.
Full formulas for every tool are on our calculator methodology page.
Worked example
Say you have $12,000 in checking and savings, $45,000 in a 401(k), and a car worth $8,000: $65,000 in assets. You owe $18,000 on student loans and $3,000 on a credit card: $21,000 in debts. Your net worth is $44,000. Paying off the card from checking doesn’t change that number, because assets and debts both drop by $3,000, but it stops the card’s interest from pulling your net worth down each month.
Limitations
- Results depend on the balances you enter; home and vehicle values are estimates.
- Projections use constant expected returns and are shown in nominal dollars.
- Taxes, fees, and future changes to your income or spending are not modeled.
Frequently asked questions
Is the Net Worth Tracker free?
Yes. It’s included with a free Net Worth Insights account, along with the Net Worth Accelerator course.
How often should I update my net worth?
Monthly is a common rhythm: often enough to spot trends, not so often that normal market swings feel alarming.
Can I import or export my data?
Yes. You can import and export your accounts as a CSV file.
Who can see my numbers?
Your tracker lives in a private workspace tied to your member account.
Disclaimer: This tool provides estimates for general education. It isn't financial, investment, tax, or legal advice, and it can't account for everything about your situation. Consider talking with a qualified professional before making major financial decisions.