6. What is your current Net-Worth?
Your Net-Worth are your Assets minus your Libilities. See the examples below. (estimates are acceptable for now, but it is recommended that you come back in the future if there are major changes to your networth)
Assets
- Personal Items (Home, Vehicle, Jewelry, Artwork, Furniture, Electronics, Antiques, Other)
- Cash or Cash Equivilent (Checking, Savings, CD’s, Money Market, Life Insurance “Cash Value”, Other)
- Investments (Retirement accounts 401k, IRA, ROTH, Bonds, Mutual Funds, Individual Stocks)
- Rental Property
- Crypto Currency
Liabilities
- Mortgages
- Home Equity Line
- Car Loans
- Real Estate Loans
- Student Loans
- Credit Cards
- Other Debt/Loans