MEASURE YOUR NETWORTH

Your net-worth helps you ascertain your financial health. It is the difference between what you own and what you owe.

ASSETS - LIABILITIES = NETWORTH

Calculate your net-worth annually and keep track of changes. A positive networth means you can pay off all your debts while negative networth means you owe more than you own. An increasing net-worth means you are doing well financially. 

Use this sheet periodically to calculate your networth and know where you stand financially. 

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