Net Worth

Net worth is the sum of all assets minus all liabilities. Net worth is a measure of financial security that can give you an idea of your financial situation.

It can also help you plan for your future, set goals, and decide what to do with your money. It’s important to track net worth because it can help you understand how much money you have, where it comes from, and how much risk is involved in any investment.

How to Calculate Your Net Worth?

Net Worth is what Is Left. Net worth is determined by subtracting liabilities from assets, as indicated below; the net worth formula?