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Chapter 4. Tracking Your Net Worth

IN THIS CHAPTER

What Is Net Worth?

The Net Worth Calculator

Interpreting Your Net Worth

Keeping Track over Time

Net worth is one of those phrases that you hear now and then, but what does it mean? Simply put, it is the sum of all your assets (things you own) minus the sum of all your liabilities (things you owe). Take what you own and subtract what you owe to get your net worth.


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