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Net worth is the amount you have,plus the amount you owe.
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41 votes
Net worth is the amount you have,plus the amount you owe.

User Joshua Mire
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21 votes

Answer:

Net worth is simply what you own minus what you owe. In other words, the total value of your assets minus your debts equals your net worth. For example, if you own a home worth $300,000 and you owe $100,000 on it, you have $200,000 in equity toward your net worth.

User Alex Argo
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