Instruction: What is net worth?

Response: Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a person's health, providing a useful snapshot of its current financial position. Tracking your net worth over time is a helpful indicator of your financial stability. Looking at net worth can help you understand where your money has gone in the past vs. where you want it to go in the future.