How to track your net worth
Your net worth is everything you own minus everything you owe — assets minus debts. It is the single best number for telling whether your finances are moving in the right direction, because it captures saving, investing, and paying down debt all at once. To track it, list your assets and liabilities and update the total regularly.
How to calculate net worth
Add up two lists and subtract one from the other:
- Assets — cash and bank balances, savings, investments and pensions, the value of property and vehicles.
- Liabilities — mortgage, car loan, student loan, credit-card balances, and any other debt.
Net worth = total assets − total liabilities. It can be negative early on (common with a new mortgage or student debt) — what matters is the trend.
How to track it over time
- Record your net worth once a month, on the same day.
- Watch the direction, not the day-to-day noise — is the line rising over months?
- Update asset values (like property or investments) a few times a year.
Why it matters
Income tells you what you earn; net worth tells you what you are keeping. A rising net worth means your money is compounding in your favour. It is the number that quietly reflects every good financial habit you build.
Your net worth, tracked automatically
ZivaFinance brings your bank accounts and cards in via Open Banking; loans, investments and pensions you add yourself — loan plans are matched against the bank payments, holdings get live quotes. From there your net worth is kept up to date — with FX-correct totals in your own currency and a value-over-time chart. Read-only. Try it free for 30 days.
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This is general information, not financial advice.
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Frequently asked questions
What is net worth?
Net worth is everything you own (assets like cash, savings, investments, and property) minus everything you owe (liabilities like loans and credit-card debt). It is a snapshot of your overall financial position.
How do I calculate my net worth?
Add up all your assets, add up all your debts, and subtract the debts from the assets. The result is your net worth. It can be negative early on — the trend over time is what matters.
How often should I track my net worth?
Once a month is enough for most people. Record it on the same day each month and watch the direction over time rather than the day-to-day changes.
Can an app track my net worth automatically?
Yes. ZivaFinance connects your bank accounts via Open Banking; loans, investments and pensions you enter yourself, with live quotes for holdings. From there net worth is kept up to date automatically, with a chart of how it changes over time.