Most people measure their financial health by one question: Do I have money in my account right now? That's not the right question. The right question is: What is my net worth? Net worth is the most honest, comprehensive snapshot of your financial health. It is simply: what you own minus what you owe. Assets (what you own): Cash and savings accounts Investment accounts (401k, IRA, brokerage) Real estate equity Business interests Personal property of significant value (vehicle