How to Calculate Net Worth: A Step-by-Step Guide Using Enzo's Financial Data
A Step-by-Step Guide to Determining Your Financial Well-being Understanding Net Worth Net worth is a fundamental measure of your financial health, representing the difference between what you own (assets) and what you owe (liabilities). A positive net worth indicates that your assets exceed your liabilities, while a negative net worth suggests that you may need to adjust your financial strategy. Calculating Your Net Worth Step 1: Gather Your Assets Assets are anything you own that has value, including:...