We're looking at more than just money. Where do you stand financially? To find out, you'll need to dig deeper than your job salary or savings balance. One good approach is to compute your net worth. First, you'll add up the value of assets like your cars and home. Then you'll look at liabilities like the balance on your mortgage and credit cards. The goal is for the assets to be higher. If not, you can start taking steps to remedy the situation.
The value of what you own should be higher than the amount you owe.
Andrews Federal Credit Union is a full-service financial institution with stateside locations in Washington, D.C., Maryland, Virginia and New Jersey, as well as overseas locations in the Netherlands, Belgium and Germany.