Net worth is the balance of your assets and liabilities at one point in time. Calculating your net worth takes into account all of your sources of wealth minus the debts you owe. What Does Net Worth Mean? When it comes to your net worth, the goal is to be “in the black,” says Keatinge. In order to understand and calculate your net worth, you need to start by taking stock of all of your assets and liabilities.

Source: Daily Sun January 06, 2021 18:13 UTC