Glossary
Net Worth
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It's the single best snapshot of your overall financial health.
Why it matters
Tracking net worth over time reveals whether you're actually building wealth or just earning and spending. A high income means little if debt grows faster than savings. Watching the trend line — not just the number — tells you if your financial decisions are working.
Example
If you have $50,000 in savings, $15,000 in investments, and owe $20,000 on student loans and $5,000 on a credit card, your net worth is $40,000.
How Ray helps
Ray calculates your net worth automatically by pulling account balances from every connected bank and credit card. Ask and get an instant breakdown of assets vs. liabilities, plus a month-over-month trend.
$ ray "what is my net worth?"Related terms
Cash Flow
Cash flow is the net amount of money moving in and out of your accounts over a period.
Savings Rate
Your savings rate is the percentage of your income that you save or invest rather than spend.
Portfolio
A portfolio is the complete collection of your financial investments — stocks, bonds, mutual funds, ETFs, real estate, and other assets.
Liquidity
Liquidity refers to how quickly and easily you can convert an asset to cash without significant loss in value.