Easttown

Net worth is the value of all non-financial and financial assets held by an institution or individual in addition to the value of all its outstanding liabilities. As financial assets and outstanding liabilities equal net financial assets, net worth could be expressed in a variety of ways, including non-financial assets and net financial assets. This can be used for companies and individuals, as well as governments and economic sectors such as the financial sector or to entire countries.For individuals Net worth, also known as wealth refers to the net economic position of an individual which is the sum of an individual's assets less liabilities. Examples of assets that one could consider when calculating their net worth are retirement accounts, investments, home(s), and vehicles. The secured and unsecured debts (such the home mortgage) as well as unsecured debt (such a personal loan or consumer credit) are considered liabilities. Intangible assets like education degrees are usually not part of net worth, even though they can positively impact your overall financial situation.