What Is Self Net Worth
Self net worth is the value of everything you own minus what you owe. It measures personal wealth by subtracting liabilities from assets. A positive number means you have more assets than debts.
What Are Total Assets
Total assets are the full value of everything you own. This includes cash, investments, property, vehicles, and other valuables. Liabilities are not subtracted when listing total assets.
How to Calculate Net Worth from Assets
To calculate net worth, list all assets and their current market value. Then add all debts, such as loans and credit balances. Subtract total liabilities from total assets. For more details on asset valuation, visit Investopedia Assets.
