
Our Net Worth Guides
Frequently Asked Questions (FAQs) on Net Worth
Net worth is the value of everything you own, minus everything you owe. It gives you a simple snapshot of your overall financial position.
Add up your assets, such as savings, investments, pensions and property, then subtract your liabilities, such as mortgages, credit cards, loans and other debts. The result is your estimated net worth.
Assets are things you own that have financial value. Common examples include cash, savings, current accounts, ISAs, investments, pensions, property, vehicles, business interests and other valuable possessions.
Liabilities are amounts you owe to someone else. Common examples include mortgage balances, credit cards, personal loans, car finance, student loans and other debts.
Knowing your net worth helps you understand your overall financial position, not just your income or bank balance. It can help you track progress, spot gaps, reduce debt and make better long-term financial decisions.
Yes. Lyfeguard’s UK net worth calculator is free to use. You can also export your results to Excel for your own records.



