What is net worth?
Net worth is total assets minus total liabilities. It shows the value left after paying off all debts.
Balance Sheet
Add up the major asset and debt categories in your personal balance sheet to calculate current net worth and see how much of your position is liquid.
Net worth is total assets minus total liabilities. It shows the value left after paying off all debts.
Yes. Net worth is a balance-sheet measure, so long-term assets and retirement balances are normally included alongside cash and investments.
Net worth helps you see whether assets are growing faster than debts, which makes it useful for long-term financial progress tracking.
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