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All you need to know on how to calculate your net worth

When you hear the word net worth, the first thing that comes to mind are all the rich folks. But do you know it's worth knowing your's too. Here's why.

You might even know what Elon Musk or Taylor Swift’s net worth is but do you know yours? If not, this video will help you calculate your net worth because there’s a reason why you should know your net worth.

Here’s what we cover:
1) Get a reality check on your financial situation.
2) Why you should build more assets.
3) Minimizing your obligations should be a priority.
4) Why it is not wise to carry your debts to your retirement.
5) How net worth helps in setting financial goals.

For more on the perks of knowing your net worth, read our blog.

Manali Misra

Manali is a producer and writer with a diverse background in print, web, and broadcast media. She gives form to ideas through visuals and words. Manali has nearly six years of experience in creating personal finance TV shows. In her free time, you will find her curled up with a book or exploring new places on her adventure bike.

This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.