You might think that only the rich and famous have a net worth, but everybody has one. Put simply your net worth is the value of your assets, minus any debts that you might have – it’s a measure of your financial wealth.
Assets are the value of all your money and any property, shares, investments, cars, antiques and other things of value that you own. Debts are everything that you owe, such as loans and bills. Deduct debts from assets and you’ve got your net worth – but it probably says more about the things that you have than the sort of person you are.
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