NetWorth is the difference between what you own (assets) and what you owe (liabilities). It's a key measure of your financial health and helps you plan for your future.

Why is knowing my NetWorth important?

Knowing your NetWorth empowers you to take control of your finances, make informed decisions, and gain peace of mind about your financial future.

How does FOLO fetch financial data?

FOLO securely connects to your bank and investment accounts via Account Aggregation APIs and direct integrations with Data Custodians as a Financial Information User (FIU) on explicit user consent. This encrypted process fetches real-time financial data, ensuring accuracy and reliability.

Is my data safe with FOLO?

Absolutely. FOLO employs end-to-end encryption, secure APIs, and multi-factor authentication, adhering to industry-best practices to ensure your financial data remains private and secure. As a SEBI-regulated entity, we adhere to stringent regulatory standards and best practices.

Will I be charged for using FOLO?

FOLO does not charge its users. Our goal is to make financial tools that help you appreciate your NetWorth.

Can I share my NetWorth with others?

Yes. FOLO allows you to share access with up to 4 trusted individuals — spouse, parent, financial planner, CA. You decide what to share and can revoke access anytime. No one ever sees a bank login.

What is Net Worth? Meaning, Formula & Calculators

The idea

What is NetWorth?

One number for your entire financial life
Everything you own, minus everything you owe
Not your salary, not your savings, the full picture

The formula

How to calculate it

Add up assets: bank, MF, stocks, EPF, property, gold
Add up liabilities: home loan, car loan, credit cards
Assets minus liabilities equals NetWorth

What counts

Assets vs liabilities

Assets put money in your pocket or hold value
Liabilities take money out every month
A car on EMI? Mostly a liability, partly an asset

Good to know

It can be negative

Big loans early in life often mean negative NetWorth
That's normal, the direction matters, not the number
Track it quarterly and watch the trend

Benchmarks

Where should you be?

A common rule: NetWorth equals age times annual income divided by 10
By 40, aim for 2 to 3 times your annual income
Benchmarks guide, they don't judge

The habit

Growing it

Pay down high-interest debt first
Automate investing before spending
Review the one number, every quarter

The best way to track your NetWorth and more

Spreadsheets work until they don't. Here's how FOLO stacks up against every other way of doing this.

	FOLO	Excel / Sheets	Manual tracking	Investment trackers
All assets in one place	500+ sources	If you enter them	If you remember	Investments only
Updates in real time	Automatic	Manual	Manual	Partly
Loans and liabilities		If you enter them	If you remember
Insurance coverage
Share with family	Securely	Email a file
Your effort	Minutes, once	Hours, monthly	Hours, monthly	Some setup
Cost	Free	Free	Free	Often paid

Everything you need to know about your NetWorth

NetWorth, the basics

What is NetWorth?

How to calculate it

Assets vs liabilities

It can be negative

Where should you be?

Growing it

SEBI Accredited Investor India: What It Is, Who Qualifies, and How to Get Certified in 24 Hours | FOLO

Net Worth Certificate: The One Document India's Financial System Keeps Asking For

How to Calculate Your NetWorth in India (Step-by-Step)

Where do I stand?

How am I doing?

The best way to track your NetWorth and more