Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Book value is an accounting measure reflecting the company's total assets less its total liabilities but is not the most useful metric.

Now that tax season is over for most of us, it's the perfect time to organize your assets and liabilities to assess your financial wellness. Editor’s note: This is the first article in a monthly ...