How do I calculate my Net Worth?

calculating net worthIn its simplest form, Net Worth is the difference between the value of your total assets and your total liabilities.

To calculate your personal net worth, identify all your assets (e.g., cash, investments, personal property, real estate, retirement accounts) and all your liabilities (e.g., credit card debt, auto leases, mortgages, student loans).

Then subtract the total liabilities amount from the total asset amount. The difference is your Net Worth.

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