How The Net Worth Calculator Works
Your net worth is simply equal to everything you own minus everything you owe. Your net worth is another word for your current wealth and acts as a current snapshot of your financial position.
The calculator asks you to enter the current value of a series of assets and liabilities (another word for debt). Then it tells you your current net worth and even allows you to compare your current net worth to the net worth of the average person in your income range.
If you are not happy with your results and want to begin taking real action every single day to increase your net worth, I invite you to become a Millionaire in the Making and join the 30-Day money challenge. Each day for 30 days I give you an action item for the day that will ensure you are taking real steps towards your financial goals.