Net Worth Tracker
Record what you own and what you owe, and watch the one number that shows whether the rest is working. A free, private net worth tracker, in any currency.
Records what you own and what you owe, month by month, so the single number underneath every other decision — assets minus liabilities — stops being a guess.
How to use it
- Add the accounts you can see today. One bank balance is a legitimate start; the rest can arrive over weeks.
- For anything you owe, enter the outstanding amount from your latest statement — the balance, not the EMI.
- Come back once a month and update only what actually moved. Everything else carries forward.
- Read the trend rather than the total. The direction over six months is the finding; the figure on any one day is not.
How it is calculated
Net worth is one subtraction: the sum of all asset balances minus the sum of all liability balances, for the month you are looking at.
Balances carry forward. An account holds its most recently recorded value until you enter a new one, so a month you skipped does not read as a collapse.
An account contributes nothing to any month before its first recorded balance — a loan taken in March does not reach back and reduce February.
Liabilities are stored as positive amounts owed and subtracted, so a sign error cannot quietly invert the answer.
Nothing is projected, grown or inflation-adjusted. There is no market data feed and no bank connection: every figure is one you entered.
A worked example
A first month, four accounts
- Salary account
- ₹1,40,000
- Equity mutual funds
- ₹6,20,000
- EPF balance
- ₹4,10,000
- Home loan outstanding
- ₹32,00,000
- Flat, conservatively valued
- ₹48,00,000
- Net worth
- ₹27,70,000
Assets of ₹59,70,000 against liabilities of ₹32,00,000. Debt is 54% of assets, which is ordinary for a recent home purchase — and the number worth watching is not the ₹27.7 lakh but how the two sides move apart over the next twenty-four months.
Common mistakes
- Counting the home loan but not the home, or the reverse. One of them alone is not a half-answer, it is a wrong one.
- Valuing property or gold at what you hope it is worth. An optimistic valuation moves your net worth without anything having happened.
- Recording the EMI instead of the outstanding balance. The EMI is a monthly payment; the balance is the debt.
- Updating everything every month. You do not need to — carry-forward exists so you only touch what changed, and re-entering unchanged figures is how people stop doing this by month three.
- Reading a single month. Net worth is a slow measure; a market dip or a bonus makes any one reading unrepresentative.
What it assumes
- Every balance is entered by hand. There is no bank connection and no market feed, so the figure is exactly as current as your last update.
- It values nothing for you. Property, gold, unlisted shares and vehicles are worth whatever you decide to record.
- It does not project. There is no assumed return, no repayment schedule and no retirement date here — LifeMap is where that modelling lives.
- It is a stock, not a flow. Net worth says what you hold, not what you earn or spend; Budget Builder and the Expense Tracker cover that side.
Frequently asked questions
What counts as net worth?
Everything you own valued at what it is worth today — bank balances, deposits, mutual funds and stocks, EPF, PPF and NPS, property, gold — minus everything you owe: home loan, vehicle loan, education loan, personal loan and any credit-card balance you are carrying. The answer is a single number at a single point in time, and it can legitimately be negative early in a career.
How often should I update it?
Once a month is plenty, and once a quarter still works. Balances carry forward here, so you only re-enter what actually changed — a salary account and a loan outstanding move every month, a property valuation does not. The tracker tells you when something has not been touched in three months, because a stale balance quietly makes the whole figure wrong.
Should I include my house and my home loan?
Include both or neither, never one of them. Counting the loan without the property makes your position look far worse than it is; counting the property without the loan makes it look far better. If you do include property, use a conservative, honest number — the price a buyer would pay this year, not what you hope it becomes.
Does FinatriX value my investments automatically?
No. There is no market data feed and no bank connection here — every balance on the page is one you entered yourself. That is slower than an app that logs into your accounts, and it is also why nothing here has read access to them.