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Net Worth Without the Jargon
Understand what you own, what you owe, and why the difference matters.
Money Basics · 4 min
Step 1
Net worth is what you own minus what you owe.
Step 2
Assets can include cash, savings, investments, or other things you choose to track. Debts can include student loans, credit cards, or other balances.
Step 3
A negative net worth can be common when someone is early in adulthood or paying for school. The useful part is watching the direction over time.
Try this: Add an asset or debt to make your Net Worth picture more complete.