Calculate your current net worth and project future financial growth with detailed asset and liability tracking
Net worth represents the total value of all assets owned minus all liabilities. It's a crucial financial metric that provides a clear picture of your overall financial health and serves as a foundation for financial planning and goal setting.
Assets are resources that provide financial value and can include:
Liabilities are financial obligations that drain resources:
Net Worth = Total Assets - Total Liabilities
This simple formula helps you understand your financial position. A positive net worth indicates you own more than you owe, while a negative net worth means you owe more than you own.
Example: Mr. Sharma's financial position:
Net Worth = ₹25,00,000 - ₹10,50,000 = ₹14,50,000
Use your current net worth as a baseline to set realistic financial goals and track progress over time.
Identify opportunities to rebalance your assets and reduce liabilities for better financial health.
Project your net worth growth to plan for retirement, major purchases, or wealth building strategies.
Understand your financial position to make informed decisions about investments and debt management.
Our expert financial advisors can help you optimize your net worth, create comprehensive wealth-building strategies, and plan for your financial future.