What is your net worth and what does it mean?

Your net worth is the amount by which your assets exceed your liabilities. In simple terms, net worth is the difference between what you own and what you owe. If your assets exceed your liabilities, you have a positive net worth. Conversely, if your liabilities are greater than your assets, you have a negative net worth.

What exactly does net worth mean?

Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company's health, providing a useful snapshot of its current financial position.

What is net worth and why is it important?

Why net worth is important. Tracking your net worth over time is a helpful indicator of your financial stability. People work hard to bring home their salaries, but what happens after your ...