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Glossary · Personal Finance

Net Worth

Definition

Net worth is the difference between what you own (assets) and what you owe (liabilities).

Formula
Net Worth = Total Assets - Total Liabilities
Net worth calculator
$65,000
Total assets
$25,000
Total debt
$40,000
Net worth

What is Net Worth?

Net worth is the difference between what you own (assets) and what you owe (liabilities).

How Net Worth works

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Why Net Worth matters

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Frequently asked questions