In order to determine how much your net worth is, it is necessary to determine how much your assets exceed your liabilities. According to the definition, net worth is simply the difference between a person’s wealth and their debts. The net worth of a person would be considered positive when their assets exceed their liabilities. In the same way, if you have more liabilities than assets, your net worth is negative. A person’s net worth reflects where they stand financially. It is quite likely that you already know the amount of your net worth, but if you calculate it today,
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