How To Find Your Net Worth
| Money : Saving Many people are so-called paper millionaires - that is, all their assets when added up come to a million, though in reality they may live a lifestyle that is anything but that of a millionaire. To calculate net worth is quite simple: - list everything you own that is a fixed asset, for instance your car, house. Estimate their current value in the market as best you can. Then add up other assets such as shares, cash and savings, household items of any worth. Once this is added together you should have a nice sum! Now it's time to take away - all debts (credit cards, loans, mortgage) and so on. What you are left with will be your net worth, at that point in time.
 Questions about making money:
|
|
