What is Your Net Worth?

So what is Net Worth? Your net worth is all of your assets combined, minus your liabilities. Assets include your home, savings, investments, car, possessions, and super. Liabilities include your mortgage, HECS/HELP debt, car loan, personal loans, credit card loans and buy now pay later loans (BNPL). Example: Assets ($) Liabilities ($) House 500,000 MortgageContinue reading “What is Your Net Worth?”