5 Questions About Net Worth

3. How Do You Calculate Your Net Worth?

“Calculating your net worth is fairly easy and straightforward,” Shields says. “You can simply begin by labeling a sheet of paper with the left side titled ‘assets’ and the right side titled ‘liabilities.” The final step in calculating your net worth is to subtract your liabilities from your assets. If your number is a positive number, that’s a good sign.

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