Freedom Isn’t Free UK Personal Finance
Tools
Net Worth Tracker: How to Monitor Your Financial Progress
Your payday balance can rise for ten years while your wealth quietly goes the other way. There is one number that tells you the truth. Most people have never seen theirs.
What to track every month
| Category | Include? | How to value | Update cadence |
|---|---|---|---|
| Stocks & Shares ISA | Yes | Platform balance | Monthly |
| SIPP / workplace pension | Yes | Provider portal | Monthly |
| Property equity | Yes | Zoopla/Rightmove estimate | Quarterly |
| Mortgage balance | Yes (liability) | Latest statement | Monthly |
| Cars, furniture, contents | No | Hard to value | Skip |
| Premium Bonds / cash savings | Yes | Actual balance | Monthly |
Pick categories once, stick with them, update on a fixed day each month.
Key takeaways
1
Net worth is calculated by subtracting your total liabilities from your total assets.
2
Tracking your net worth over time helps you understand your financial progress and growth.
3
A free net worth tracker is available to simplify the process and keep your data organized.
4
Use the tracker to monitor your assets like stocks, savings, and property, and liabilities like mortgages and loans.