Net Worth
Related Article: My Net Worth Statement
Assets which can be immediately converted to cash for their current value.
Assets which can be readily converted to cash, but, if sold,
may be worth less than what you paid for them or less than their face value.
Investments that generally require more time and are more
difficult to convert to cash.If you
do convert them, you might have to pay a penalty, accept less than the amount
you invested, or that you might be
able to access over time.
Multiply (the difference between your option's price and the stock's price, but not less than zero) by (the number of options you own).
You can access the money in an IRA at any time. You may have to pay penalties. To learn more, see
IRAs.
Selling personal real estate
for cash usually takes some time. However, there are other ways to access cash from it
quickly. See
Using Your Home for Cash.
Debts which could generally can
be eliminated in a short period of time.