Net Worth Calculator
Parameter | Description | Example Value |
---|---|---|
Total Assets | The total value of all assets owned (e.g., cash, investments, property). | $500,000 |
Total Liabilities | The total value of all liabilities (e.g., loans, mortgages, credit card debt). | $200,000 |
Net Worth | The total net worth calculated by subtracting total liabilities from total assets (Total Assets – Total Liabilities). | $300,000 |