b. The amount of money you have in all of your accounts combined.
Net worth is calculated by subtracting your total liabilities from your total assets, which includes all of your accounts combined, not just savings.
a. The amount of money you have in your savings account.
b. The amount of money you have in all of your accounts combined.
c. The amount of money leftover after you've created a budget and allocated funds.
d. The cost of a fishing net.
1 answer
b. The amount of money you have in all of your accounts combined.
Net worth is calculated by subtracting your total liabilities from your total assets, which includes all of your accounts combined, not just savings.