Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. This is essential to understanding your current financial situation and what you can address to ensure you reach your financial goals and attain financial stability.
You can support the show and join The Dub Club at: https://www.patreon.com/QFLOStudios. Your support gets you early access to all our videos, more cool content, and discounts.