To find your net worth, add up your assets — cash, bank balances, investments, property, gold — and subtract your liabilities, such as home loans, car loans and credit card dues.
If you own ₹50 lakh in assets and owe ₹20 lakh, your net worth is ₹30 lakh. It can be negative early in life, for instance when a student loan exceeds your savings, and that is normal.
Tracking net worth once or twice a year shows whether you are truly getting wealthier, not just earning more. Rising income means little if debt rises faster; growing net worth is the real signal of progress.