Garden Savings Federal Credit Union
What Is My Net Worth?
March 19th, 2019
Not just for millionaires anymore, net worth measures the difference between what you own and what you
owe. Knowing your net worth is part financial fitness checkup (how am I doing?) and part planning tool.
As long as your assets are more than your debts, you have a positive net worth. Your goal, from one
year to the next, is to make that positive difference grow.
Among other things, knowing your net worth helps you see if debts are in line with assets, if
investments are growing, and even if you need more disability or life insurance to shield your assets.
Use this calculator to take your financial pulse.
Provision of this calculator is not an offer of credit. Its use in no way guarantees that credit will be granted. This calculator is solely for informational purposes and provides reasonably accurate estimates; the calculations are not intended to be relied upon as actual loan computations.
Printed Monday, July 6, 2020
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