Calculating your financial worth is a vital first step toward achieving economic stability and constructing wealth. Essentially, it’s a basic equation: possessions minus debts. Assets include anything you own of value, like funds, investments, property, and pension plans. Liabilities represent what you are obligated to pay – think home loans, s
Knowing Your Financial Worth
Calculating your overall worth is a essential first step toward achieving financial stability and constructing wealth. Essentially, it’s a basic equation: assets minus liabilities. Assets include anything you possess of value, like funds, bonds, land, and retirement accounts. Liabilities represent what you are obligated to pay – think property