Learn How to Calculate Your Net Worth in One Minute

Keeping track of your net worth is perhaps the number one rule of personal finance but let's be honest, how many people actually do this? Do you? Most likely not.

Calculating your net worth is ridiculously easy, yet most people don't understand the importance of this endeavor. Don't be one of them.

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[OneMinuteEconomics]

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[OneMinuteEconomics]

If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at:

[Jheekay]

So cash isnt being comsidered here?..
Interesting 🤔... Well i learnt something new today then

[TANMAYFutureofWorld]

Bro things like house, cars are not assests, thery are liabilities as india we have to pay property tax and maintenance of car

[IndependentPrettyGirlis]

Interesting, but wouldn't that apartment or place that he's living be a liability and not an asset?

[rosemariedecastro]

when is your net value increasing? Will your net value constantly rise with the purchase of more assets? why or why not?

[phucdong]

I thought net worth = total assets - total liabilities???

[Noisemansoundinsect]

For calculating the net worth of poor people

[petercdowney]

Don't include your car in your net worth if it's a Ferrari.

I'm not rich, but I know a fair bit about the Ferrari brand. You don't choose Ferrari; Ferrari chooses you.