How to Determine Your Net Worth (with Worksheets)

Your net worth, in simple terms, is the difference in what you own and what you owe. (Assets — liabilities = net worth.)

Let’s start with your assets. Assets are cash or items that can be turned into cash.

Bank accounts, stock investments, etc. are assets. If you don’t have an emergency savings account, then I recommend a high-yield, compound interest…

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