What is Net Worth? A Simple Explanation for Teens and Beginners

This video answers a basic question "What is Net Worth" in a simple, beginner-friendly way. PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSubscribeFree ⬇️ Click SHOW MORE for details ⬇️ The video addresses the topics below: - What is Net Worth - How is Net Worth calculated - Why should Net Worth be calculated - How should your home be treated when calculating Net Worth - Who should calculate their Net Worth - How often should the Net Worth be calculated - Negative Net Worth and paying off debt Hope you like the video and stick around for more engaging personal finance content! And please let us know your thoughts (or a suggestion for a video) by leaving a comment! ⬇️ RELATED VIDEOS ⬇️ What are Assets and Liabilities: https://www.youtube.com/watch?v=eGmCCLuW4qA What is an Asset Class: https://www.youtube.com/watch?v=vr8td2xFql8 What is Asset Allocation: https://www.youtube.com/watch?v=paZ2RThssso What is Depreciation: https://youtu.be/2m7IPYnkw20 What is a Portfolio: https://www.youtube.com/watch?v=7LQa9BcM5rU What is Portfolio Rebalancing: https://www.youtube.com/watch?v=aMGXuzyj0gg ⬇️ Books by Easy Peasy Finance ⬇️ Easy Peasy Finance books are part of our award-winning educational series that introduce financial literacy concepts in an age-appropriate, accessible format for all learners. Our YouTube channel is designed for teens and adults seeking a strong financial foundation. The books below are simplified versions of these lessons for younger audiences who may be learning alongside their families. ** Easy Peasy Money ** A Fun Money & Budgeting Book that covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting. View on Amazon: https://amzn.to/3m6d22z ** Easy Peasy Investing ** A Fun Investing Book that covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing. View on Amazon: https://amzn.to/3ZhaVHz ** Easy Peasy Banking ** A Fun Banking Book that covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking. View on Amazon: https://amzn.to/3ZiYyLm --------------------------------------------------------------------------------------- For more information, please visit: https://www.easypeasyfinance.com/ FREE Crash Course in Money Management - Learn the Basics of Money and Personal Finance in a Fun and Simple Way: https://www.easypeasyfinance.com/free EMAIL: easypeasyfinance@gmail.com WEBSITE: https://www.easypeasyfinance.com/ INSTAGRAM: @easypeasyfinancebeginners TWITTER: @easypeasyfinanc #networth #Finance101 #financeforteens #FinanceForBeginners #FinancialLiteracy #personalfinance #financialliteracyforteens Credits: Graphics: https://openclipart.org/, http://www5.flamingtext.com/ Music: http://www.freesfx.co.uk/, http://www.SoundBible.com -------------------------------------------------------------- The links here may be affiliate links, meaning at no additional cost to you, we earn a commission if you click through & make a purchase. Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. ----------------------------------------------- The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.