One key measure of your fiscal fitness is a positive
and growing personal net worth. To figure out
whether you have a positive or negative net worth,
add up the value of all your personal assets, such
as savings and investment accounts, retirement
plans, houses and other property. Then add up all
your personal liabilities, such as credit card
balances, auto loans, student loans and the
mortgage. Subtract your liabilities from your
assets. If the figure is positive, you've got a
positive net worth. Congratulations! If the figure
is negative, take steps to turn it into a positive,
by aggressively paying down debt. For help on
boosting your savings and paying down debt, check
out the online calculators at
www.choosetosave.org/tools/fincalcs.htm