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Smart Money Tip: Know Your Assets (and Net Worth)

Knowing your assets will allow you to calculate your personal net worth (assets minus liabilities). It will also give you a sense of what you need to insure, secure, or include in your last will and testament.

Do this today: List your assets: cash, bank accounts, investing and retirement accounts, your home if you own it, other real estate, your car, jewelry, collectibles, expensive art etc.