Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 81

Net worth is simply whatever money you would have if you sold all your stuff and paid off all your debts. Officially, the equation goes like this:

Net Worth equals Assets minus Liabilities

A strong positive net worth indicates that you

 Own more than you owe

 Don’t borrow more than you can pay for

 Can pay off a loan by liquidating assets, if necessary

 Probably know more about net worth than you realize

To prove to a lender that you’re net worthy, type up a page that lists your assets and liabilities and presents your net worth. If you have a spreadsheet program or a personal finance program, such as Quicken, use the Reports feature to generate a net worth report.

A strong net worth can help you borrow money at competitive interest rates, but a low or even a negative net worth isn’t a death knell. If you have a solid investment strategy and the energy and commitment to implement it, you can secure the capital you need to get started.