Have you ever taken the time to figure out your net worth? Most people haven’t, but it is an easy formula and often quite interesting. Your net worth is a snapshot into your current financial picture. In order to calculate your personal net worth, you either want a calculator and paper or a spreadsheet program. Some budgeting software packages also have a net worth document. Basically, your net worth is the comparison between your assets and liabilities. For an individual, your assets are the things you own. This could be anything from a possession like a house or car to … Continue reading →