Net Worth Dashboard

Track your complete financial picture with assets, liabilities, and net worth over time.

Understanding Net Worth

Your net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single best measure of your overall financial health.

Net Worth = Assets - Liabilities

Why Track Net Worth?

  • See the complete picture of your finances

  • Track progress over time, not just debt payoff

  • Stay motivated as your net worth grows

  • Make informed decisions about money priorities

The Net Worth Dashboard

Your Net Worth dashboard in BeDebtFree shows:

Summary Cards

  • Total Assets: The sum of all your asset accounts

  • Total Liabilities: The sum of all your debts

  • Net Worth: Assets minus liabilities

  • Monthly Change: How your net worth changed this month

Trend Chart

The chart displays your net worth history over time. Watch the line trend upward as you pay off debt and build assets.

Breakdown View

See how your assets and liabilities are distributed across different categories and accounts.

Interpreting Your Net Worth

Negative Net Worth

If your liabilities exceed your assets, you have a negative net worth. This is common, especially if you have student loans, a mortgage, or significant debt. The goal is to move that number toward zero and beyond.

Positive Net Worth

Once your assets exceed your liabilities, you have positive net worth. Keep building by paying down debt and growing your savings and investments.

Tips for Growing Net Worth

  1. Focus on paying down high-interest debt first

  2. Build an emergency fund to avoid new debt

  3. Increase retirement contributions when possible

  4. Track and reduce unnecessary expenses

  5. Review your net worth monthly to stay motivated

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