Easttown

 Net worth refers to the sum of all the non-financial and financial assets owned by an individual or institution less the total value of its outstanding obligations. Since financial assets equal net financial assets less outstanding liabilities Net worth can be easily expressed in terms of net financial assets in addition to non-financial financial assets. This could be used for individuals, companies, governments and economic sectors, like the sector, financial companies, or to entire countries. For individuals, net worth refers to their economic position as the sum of all assets as well as liabilities. Examples of assets that an individual would factor into their net worth include retirement accounts, investment options, home(s), and vehicles. The term "liabilities" refers to the secured type of debt (such as a home mortgage) as well as other types of debt (such as consumer debt or personal loans). Typically intangible assets such as education degrees are not included into net worth, even though they can positively impact the overall financial situation of a person.