These can include things like your car, your furniture, your house, your entertainment system, your patio furniture and your camping gear. Your list of assets also includes the contents of your bank accounts, cash in your wallet and investments.

In order to accurately determine your total assets, you must establish the appropriate market value for each item on your list. Consider what an item is worth if you were to sell. Be honest with yourself and your estimates. Figuring out your net worth can help you in making responsible financial decisions for you and your family.