Debt-Free Journey

Track your path from negative to positive net worth as you pay off debt.

If your liabilities exceed your assets, your net worth is negative. That is more common than you think — about 15% of American households have negative net worth. The path to positive net worth starts with tracking what you owe, making a payoff plan (avalanche or snowball method), and building assets simultaneously. Every dollar of debt paid off improves your net worth by one dollar.

Your Assets

$21,000
$
$
$
$

Your Liabilities

$63,000
$
$
$
$
$

Your Net Worth

-$42,000

Total Net Worth

Total Assets

$21,000

Total Debts

$63,000

Debt-to-Asset Ratio

300%

Financial Health

Needs Work

Asset Breakdown

Cash & Savings: $3,000Retirement Accounts: $8,000Vehicles: $10,000

Debt Breakdown

Student Loans: $35,000Credit Cards: $13,000Auto Loans: $12,000Personal Loans: $3,000

Assets vs Liabilities

Assets$21,000
Liabilities$63,000