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To calculate your net worth, you subtract your total liabilities from your total assets. Total assets will include your investments, savings, cash deposits, and any equity that you have in a home, car, or other similar assets.The Net Worth Method looks at the difference between a person's net worth (total assets1 less total liabilities) on any two given dates. The net worth method relies on circumstantial evidence to show increases in net worth that do not match an individual's reported income. The net worth method is a calculation based on a person's assets, liabilities, living expenses, and income. Net worth is assets minus liabilities. There are three steps to calculating net worth: Step 1: List your financial and physical assets and their values. Net worth is the total value of assets minus any liabilities or debt. Net worth can be a helpful snapshot of a person's or company's wealth. Net worth is the value of all assets, minus the total of all liabilities.