How The Net Worth Calculator Works 

Your net worth is simply equal to everything you own minus everything you owe. Your net worth is another word for your current wealth and acts as a current snapshot of your financial position.

The calculator asks you to enter the current value of a series of assets and liabilities (another word for debt). Then it tells you your current net worth and even allows you to compare your current net worth to the net worth of the average person in your income range.