What Is the Net Worth Formula
Net worth equals total assets minus total liabilities. Assets include cash, investments, property, and valuables. Liabilities include loans, credit card balances, and mortgages. A positive result means you own more than you owe.
How to Build a Net Worth Formula in Excel
List assets in one column and liabilities in another. Use the formula =SUM(assets_range)-SUM(liabilities_range) to calculate net worth. You can add cells for each account or item to keep the sheet flexible and easy to update.
Why Use Excel for Net Worth Tracking
Excel lets you store historical data, create charts, and automate calculations with simple formulas. You can compare net worth over time and spot trends quickly. For more on personal finance tracking, see Investopedia Net Worth.
