Figure your net worth

1. List all of your fixed assets, such as real estate and cars, at their current value.

2. List all of your liquid assets: cash, certificates of deposit, stocks, bonds and bank accounts.

3. List all jewelry, furniture and household items at their current value.

4. Add all of the above. These are your total assets.

5. Subtract all of your debts, such as your mortgage, car loan and credit card balances, from your total assets. The result is your net worth.

6. Reassess your net worth every year.

Source: eHow.com

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