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Your net worth refers to the difference between your assets and liabilities.
It provides a big picture view of your current financial situation - think of it as a financial report card that allows you to evaluate your current financial health, and helps you figure out what you need to do to reach your financial goals.
Source: Money Life Wax
How to calculate your net worth
You can do this in three easy steps.
Add up the total value of all your assets.
Your assets are resources that have economic value with the expectation that they will provide