Calculate your total net worth — assets minus liabilities
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Net worth is the difference between everything you own (assets) and everything you owe (liabilities). It is the single most important number measuring your financial health. Positive net worth means assets exceed debts.
Tracking net worth helps measure progress toward goals, identify improvement areas, and make informed decisions about saving, investing, and debt repayment. Experts recommend calculating it at least quarterly.
Track your net worth regularly to stay on top of your finances.
