How is Net worth calculated in TimelyBills?

Modified on Thu, 28 Aug at 4:51 PM

Your net worth is a snapshot of your family’s financial health. It’s the total value of everything you own — like cash, savings, investments, property — minus everything you owe, such as loans and credit card balances.

How TimelyBills calculates net worth:

Our app adds up:

Cash & Bank Balances
Investments
Other Account Balances

Then subtracts:

Loans
Credit Card Balances
Any Other Debts

Want to exclude an account from net worth?

1. Head over to Accounts

2. Tap on the account you want to exclude

3. Switch off the “Include in Net Worth” toggle

4. The app will stop counting it in net worth calculation

Positive Net Worth = You own more than you owe. Great job!
Negative Net Worth = You owe more than you own. Time to take control