I recently came across an online “Net-worth Calculator.” Net-worth, according to this calculator is the difference between your assets and your liabilities. It adds up your assets—how much you have in checking and savings, how much life insurance you posses, how much your home, car, jewelry, and art are worth, your mutual funds, pension funds, stocks, bonds, and other investment vehicles. Then, it subtracts your liabilities—outstanding mortgages, student loans, car loans, credit card debt, and similar items. What’s left is your net-worth. This software will calculate any person’s net-worth.
Read More »Impractical Presents: Giving Worth to Those with None (Prov. 22:2)