How does WeMoney calculate my net worth?

WeMoney calculates your net worth using a simple formula:

Net Worth = Total Assets - Total Liabilities

Assets are what you own, including:

• Cash in bank accounts

• Investments

• Real estate

• Personal property

• Superannuation

• Any other items of value

Liabilities are what you owe, including:

• Mortgages

• Personal loans

• Credit card debt

• HECS/HELP debt

• Car loans

• Buy Now Pay Later balances

• Any other financial obligations

WeMoney automatically calculates your net worth by pulling in balances from your connected accounts. You can also manually add assets or liabilities that aren't connected (like property values or HECS debt) to get a more accurate picture of your financial position.
​

Your net worth figure updates as your account balances change, giving you a real-time view of your overall financial health.