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Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. Range makes it easy for you to calculate an accurate number in real time by connecting to your accounts.
Knowing your net worth is important because it can help you identify areas where you spend too much money. It is also the foundation building a financial plan to start making money work for you and your family.
Most experts agree that a high net worth individual is someone who has between $1-5 million in liquid assets. Range can help you calculate this automatically and update you when you've reached your milestones.
Range enables you to connect to virtually every bank, mortgage company, crypto apps, and more. On average, it takes 5 minutes to connect all accounts and build a complete, accurate and auto-updated report.