Ramolak19
Verified member
A friend was asking me a question that how to determine a network individually while I said it could be done by Calculating your total assets and liabilities is the first step in determining your net worth. List all of your assets first, including savings accounts, investments, homes, cars, and priceless items. Give each item an estimated worth.
List all of your debts after that, including any credit card debt, loans, mortgages, and other outstanding sums. To find your net worth, deduct all of your liabilities from all of your assets. This figure is an indication of your current financial situation and the amount that you owe compared to what you own. You may set goals, monitor your financial progress, and make well-informed financial decisions by routinely evaluating your net worth.
List all of your debts after that, including any credit card debt, loans, mortgages, and other outstanding sums. To find your net worth, deduct all of your liabilities from all of your assets. This figure is an indication of your current financial situation and the amount that you owe compared to what you own. You may set goals, monitor your financial progress, and make well-informed financial decisions by routinely evaluating your net worth.
