This calculator was designed to help you to take a “picture” of your current financial condition. Whereas an income and expense statement shows you your financial picture for a period of time (month, year, etc.), this Net Worth Calculator will show you your financial picture at a single point in time (a specific date). That way, if you compute your net worth now, and then again three months from now, you will be able to tell whether your financial picture is improving or worsening.
Starting at the top and working your way down, complete and calculate the totals for each of the six sections. Be sure to click on each section’s “Compute…” button before going on to the next section. Once you’ve computed the entire worksheet, including the Summary Assets & Liabilities, click on the “Create Report” button at the bottom of the worksheet. This will create a condensed report in a new window that you can print-out and compare to your other Net Worth Reports.