How to Track Your Net Worth (2026)

Net worth is the single clearest measure of your financial health: everything you own minus everything you owe. Tracking it monthly turns a vague feeling about money into a line that goes up. Here is how to do it properly in 2026.

The formula

Net worth = total assets − total liabilities. Assets are cash, savings, investments, retirement accounts, property and vehicles. Liabilities are mortgages, car loans, student loans, credit-card balances and any other debt.

How to track it well

• Update monthly, same day. Consistency matters more than precision - pick the 1st of the month and record every account.
• Separate asset types. Cash, investments, retirement and property each behave differently; a good tracker shows your asset mix, not just one total.
• Chart it over time. The trend line is the point. Seeing net worth climb (even slowly) is what keeps you investing through dull months.
• Track liabilities falling. Watching debt shrink is half the motivation.

Why a spreadsheet beats an app

Apps that sync your accounts are convenient but charge a subscription and put your data on someone else's server. A spreadsheet you update once a month is private, free of fees, and forces you to actually look at your money - which is the habit that builds wealth.

Start tracking

The Plannful Net Worth Tracker totals your assets and liabilities, shows your asset mix and charts net worth over time in Excel or Google Sheets - a one-time purchase you keep forever.

See the Net Worth Tracker →

Want budgeting, debt payoff and savings in the same set? The Money Reset Kit bundles all four.

Frequently asked questions