In a nutshell, your net worth is really everything you own of significance (your assets) minus what you owe in debts (your liabilities). Assets include cash and investments, your home and other real estate, cars or anything else of value you own. Liabilities are what you owe on those assets — including car loans, your mortgage, and student loan debt.
Net worth is a measure of your financial health because it basically says what you would have left over if you sold all of your assets to pay all of your debts. Every financial move you make should be aimed at increasing your net worth. This means either increasing assets, or decreasing liabilities.
Calculate Your Net Worth Bellow.
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I figured out a way in my 20's to minimize my time as a business owner, so that I could maximize my position as full-time husband and father in my 30's. My passion lies in helping others do the same - breakthrough any limitations that keep them from living a truly fulfilled and authentic life focusing in on the areas that matter most.