Your net worth today is calculated by taking all of your assets (what you own) and subtracting your liabilities (what you owe).
• Assets at Tangerine like Investments, Savings Accounts, and GIC’s, are automatically captured. You can add any external assets like a car, a home, or investments you may have with other financial institutions.
• Liabilities at Tangerine like, Credit Card balances, Mortgages, or Lines of Credit are also automatically captured. You can add any liabilities that aren’t with Tangerine such as, a car loan, a mortgage or a student loan.