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How to Calculate Your Net Worth
Formula
Net worth = total assets minus total liabilities. It is the single best measure of financial health.
Track net worth over time to measure financial progress.
Common use cases:
- Get a snapshot of financial health
- Track wealth-building progress
- Set financial goals based on net worth
Frequently Asked Questions
Dr. David Park
Applied Mathematician, PhD Mathematics
David holds a PhD in Applied Mathematics from MIT. He has published research on numerical methods and computational algorithms used in engineering and scientific calculators.
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