What Is Net Worth?
Net worth is the total value of everything you own minus everything you owe. It is a snapshot of your overall financial position at a specific point in time. Assets include cash, investments, retirement accounts, and property, while liabilities include loans, credit card balances, and mortgages. A higher net worth generally means greater financial stability.
What Does Right Now Mean in Personal Finance?
Right now refers to your immediate financial situation, such as the cash available in your accounts today. It focuses on liquidity and short-term access to money rather than long-term value. Wealthfront helps you see both your current liquid balance and your broader net worth in one place, making it easier to understand your finances at a glance.
How Wealthfront Tracks Both Metrics
Wealthfront aggregates accounts to show your net worth by combining investments, bank balances, and debts. It also highlights your right now balance so you can plan for upcoming expenses. By tracking both metrics together, you can make more informed decisions about spending, saving, and investing.
For more on net worth, see the Investopedia definition of net worth.
