Technically, your net worth is what you would have in cash if you sold every significant possession and paid off all of your debts. But for the author, a net worth is mostly useful as a way to gauge many different kinds of personal finance progress all at once.
via What does your net worth really mean? – CSMonitor.com.
Related articles
- Marc Jacobs’ Net Worth: How Rich Is He Really?! (thevivant.com)
- Housing Remains a Key Component of Household Wealth (eyeonhousing.wordpress.com)
