Net worth only makes sense when you sort numbers into two piles: what you own and what you owe. Mixing them (for example counting a home’s value without the mortgage) muddies the picture.
Assets
- Cash and bank balances
- Brokerage and retirement accounts (as current balances you estimate)
- Real estate and vehicles (estimated market value or equity—stay consistent)
- Other property with resale value
Liabilities
- Credit card balances
- Student, auto, personal loans
- Mortgage principal remaining
- Other debts you are obligated to pay
Related
Frequently asked questions
What is an asset?
Something you own that has value—cash, investments, a home, a car, and similar property.
What is a liability?
A debt or obligation you owe—credit cards, loans, mortgages, and other balances due.
Sources linked above include U.S. government materials (for example CFPB, FDIC, NCUA, BLS, IRS) where noted. Sample math uses only labeled Nestfigure assumptions—not bank quotes, job offers, or personalized advice. Last reviewed: August 9, 2026.