NetWorth is what you own minus what you owe.
NetWorth = Total Assets − Total Liabilities
That's it. One number. And it's the most important financial number in your life — more than your salary, more than your SIP amount, more than your credit score.
Ask someone their salary. They'll tell you in seconds.
Ask someone their NetWorth. Most will go quiet.
That's because your salary lives in one place — your offer letter. Your NetWorth lives everywhere: in your bank account, your mutual fund app, your EPF statement, your property registration document, your gold locker, your loan EMI schedule.
Nobody has added it all up. Until now.
An asset is anything you own that has financial value. For most Indian professionals, assets fall into six buckets:
Cash & Bank Accounts Savings accounts, current accounts, fixed deposits, recurring deposits across every bank you've ever opened an account with — including that SBI account from college you forgot about.
Investments Mutual funds (equity, debt, hybrid), stocks and ESOPs, bonds, PPF, NPS, EPF, sovereign gold bonds, REITs.
Property Your home, a second property, land, commercial space. Use current market value — not the price you paid.
Physical Assets Gold jewellery (at today's rate), physical silver, art, vehicles (current resale value, not purchase price).
Business Interests Your stake in a business, partnership, or startup — at current valuation.
Insurance with Value Endowment or ULIP policies that have a surrender value.
A liability is anything you owe. Every rupee of debt reduces your NetWorth.
Meet Arjun. 34 years old. Product Manager in Bengaluru. ₹28 LPA salary.
Arjun's Assets:
Arjun's Liabilities:
Arjun's NetWorth: ₹95,70,000 (~₹96L)
Arjun earns ₹28 LPA. His NetWorth is ₹96L. His salary tells you what he makes this year. His NetWorth tells you what 12 years of earning, saving and investing has built.
India is obsessed with salary. CTC packages. LPA figures. Hike percentages.
But salary is a flow. NetWorth is a stock.
Salary tells you how fast water is flowing into your bucket. NetWorth tells you how much water is actually in the bucket — after all the holes (EMIs, lifestyle inflation, impulse spends) have done their damage.
Two people can earn the same salary and have wildly different NetWorths — because of when they started investing, how much debt they carry, and whether they track it at all.
The real wealth equation isn't income. It's NetWorth.
There's no universal answer — it depends on your age, city, profession and goals. But here's a widely used rule of thumb:
Your NetWorth should be at least (Age × Annual Income) ÷ 10
So if you're 35 and earn ₹20L per year: ₹35 × ₹20L ÷ 10 = ₹70L minimum NetWorth
This is a starting benchmark, not a ceiling. The goal is for your NetWorth to grow faster than your income over time — that's when compounding starts working seriously for you.
When you know your NetWorth, you can answer questions that actually matter:
Without knowing your NetWorth, you're navigating your financial life without a map.
Option 1: The manual way Open a spreadsheet. List every asset with current value. List every liability with outstanding balance. Subtract. That's your number.
The problem: it takes hours, goes stale the moment you close the tab, and misses accounts you've forgotten.
Option 2: The FOLO way Connect your accounts once through FOLO's SEBI-registered, RBI-supervised Account Aggregator integration. FOLO pulls your balances from 500+ sources — banks, MF platforms, EPFO, stock brokers — and calculates your NetWorth automatically. Updated daily. One number. Always accurate.
Most people who calculate their NetWorth for the first time are surprised — in both directions.
Some discover they're worth significantly more than they thought. Forgotten EPF balances. Property that's appreciated. SIPs that have been quietly compounding.
Some discover a wake-up call. That the EMIs have eaten more than they realised. That the bank account they thought was savings is actually just a buffer between paydays.
Either way, the number is not the point. Knowing the number is the point.
Because you can't grow what you can't see.
FOLO is India's NetWorth app. Connect 500+ sources, see your real number, and watch it grow — free, SEBI registered.
Get FOLO → | Calculate My NetWorth →
