Net worth is the value of everything you own (assets) after subtracting everything you owe (liabilities or debts). It's a measure of your overall financial health and wealth.
To calculate your net worth, the app adds up the value of your cash, investments, assets, and other account balances, then subtracts any loans and credit card balances. The resulting number shows how much you would have left if you sold all your assets and paid off all your debts.
A positive net worth means assets exceed liabilities, while a negative net worth indicates debts exceed assets.
Note: You have the option to include or exclude the balance of any account in the overall balance or net worth calculation by clicking on the checkbox highlighted below.
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