A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future and ...

Net worth is what you own minus what you owe. We walk you through the steps to determine your net worth. Many, or all, of the products featured on this page are from our advertising partners who ...

I need to make a clarification on a column I wrote recently on determining your net worth. I used the word "equity" when I meant to say "value" in calculating how much of an asset you have in your ...