John Schmidt is the Former Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate ...

Net worth is simply assets (everything you own) minus liabilities (all that you owe). Everyone has a net worth number. Use our free calculator to learn yours. Many, or all, of the products featured on ...

Simply put, your net worth is how much money you have left after you factor in your debts. Knowing your net worth is critical to understanding your overall financial health and ensuring you're on ...

Don’t get obsessed with accounting for every penny. Ballpark values will do, especially when it comes to tangible, illiquid items like collections. See below for definitions of terms in this ...