ClearedMindMoney
calculator
Net Worth Calculator
Adds up what you own and what you owe to show your net worth, a simple way to track progress over time.
Net worth R58 000
Assets R218 000, debts R160 000. Check it every six months: the direction matters more than the number.
Want help interpreting this? Talk to a person
What you will need
- What you own: cash, savings, stokvel share, retirement funds, investments, home value, car value, business, livestock (list)
- What you owe: bond, car finance, loans, credit cards, store accounts, money owed to family or a mashonisa (list)
How it works
total_assets = sum(assets); total_liabilities = sum(liabilities); net_worth = total_assets - total_liabilities. liquid_assets = cash + savings; debt_to_asset = total_liabilities / total_assets. Use realistic values: car at what it would sell for today, not what you paid. Offer optional snapshot save (member-controlled) to compare month to month.
What you get
- Total assets
- Total liabilities
- Net worth
What it means
- You owe more than you own; this is common early in life or after a hard time, and what matters is the direction it moves.
- You own more than you owe; tracking it every few months shows your progress.
Next step: Want help interpreting this? Talk to a money coach.
Runs on the device. Nothing is saved unless the member chooses.