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A LITTLE SOMETHING WORTH KNOWING

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Everyday LifeOne small ahaFinancial concept

This measure of personal finances equals the total value of assets minus total liabilities.

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Everyday LifeOne small aha
Your new ahaNet worth

Assets are things of financial value that a person owns. Source: Net worth ↗

ahamoraReference ↗

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More from Money Sense

A few more worth knowing.

  1. 11In US consumer-loan disclosures, this annualized measure combines interest with certain borrowing fees.RECALL
    Annual percentage rateOpen this card ↗
  2. 12In US deposit-account disclosures, this annualized percentage measure includes the effect of interest compounding.RECALL
    Annual percentage yieldOpen this card ↗
  3. 13This pool of accessible savings is set aside for unplanned essential expenses or interruptions to income.RECALL
    Emergency fundOpen this card ↗