Saving, Managing Debt, and Budgeting

Creating Wealth

What is “wealth”?

Wealth is the state of your abundance of assets in terms of marketable or saleable value, minus any liabilities owed, and is often examined in comparison to others in some reference group. Assets of value include cash, investments, home equity, and other valuables such as jewelry, art, and precious metals. The term “net worth” is also used in place of the term “wealth” when it comes to personal finance and investing.



Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App