With today's economy, the stock market is declining, the dismissal look of the U.S. Dollar value, your net worth is not likely to change and probably doesn't look that great. But you can still find out what it is worth in today's standards, which will help with the other financial problems.
Step1
List of all of its assets, if you are like most people, this figure is very low. This should include checking and savings accounts, CDs, and life insurance. They also include profit plans, IRA, mutual funds, bonds and other securities. This list should include the market value of your home and other property you own, your car, household, jewelry, art, antiques and everything else you can easily be converted to cash.
Step2
Now a list of commitments, the actual amount of outstanding loans, like mortgages and car loans, credit cards, bank cards and other installment debt. Also, list how much you owe seized property and other taxes and debt.
Step3
Total the two columns and subtract your liabilities from your assets. The results is your net worth.
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