A Better Way to Manage Your Everyday Money - Book - Page 255
Chapter 14: Net Worth
Your net worth is the value of the assets you own minus the liabilities you owe. Your net worth
is how you measure your financial health.
Your net worth, or balance sheet, will change over time. Ideally, the value of your assets will
increase while your liabilities decrease. You keep track of how your finances are changing by
periodically updating your net worth.
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