In this week’s #MasterYourMoneyBootcamp, we’re going to be counting your coin, all of it. It’s time to calculate your net worth. 🤑

Presented by @Fidelity Investments.

businessinsider.com/master-your-mo…
Before we get started, let’s get some definitions in check. Net worth is all about the big picture, and it can help you understand your financial health at a particular moment in time.

businessinsider.com/master-your-mo…
Step 1: List out everything you own that has substantial value. While this does include some intangible assets like your investment accounts, it does not include your salary.

businessinsider.com/master-your-mo…
Step 2: List your debts or the current balance you owe to creditors or lenders.

businessinsider.com/master-your-mo…
Step 3: Do the math. Memorize this formula to calculate your net worth! We promise it’s not as painful as calculus.

businessinsider.com/master-your-mo…
Just joining the #MasterYourMoneyBootcamp fun? No worries! Be sure to check out exercise two, where we helped you manage your debt balances.

businessinsider.com/master-your-mo…

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4 May
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