How to calculate net worth spreadsheet is a data document that calculates your financial standing by subtracting your liabilities from your assets. For instance, let’s say you have $10,000 in cash, $5,000 in stocks, a $100,000 house, and $50,000 in debts. Your net worth would be $155,000.
Tracking your net worth can help you make informed financial decisions, set savings goals, and plan for the future. It can also alert you to potential financial problems early on, giving you time to take corrective action.