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Jun 17, 2019

How to calculate your net-worth and why it’s so important?

People and businesses work in order so as to earn something in return, that something is referred to money. Individuals and business do their part of responsibility and earn rewards. This entire income or wealth can be considered as worth for them. This entire income is called as Gross worth or income.  Net worth is the value of assets, minus the total of all liabilities. In simple words, net worth is whatis owned minus what is owed and it is very essential to know how to calculate net-worth. While Net income or worth means an income from which loans, borrowings and debts are deducted and left as personal disposal income. Personal disposal income means the actual income available to an ........